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Rural poverty fell to record low of 4.86% in FY24: Report

The New Indian Express Bhubaneswar

|

January 04, 2025

HIGHER consumption in the lowest 0-5% decile and government support programmes have significantly brought down poverty in India—both rural and urban—an SBI research report released on Friday said.

- EXPRESS NEWS SERVICE @ Mumbai

Rural poverty crashed to 4.86% in FY24 from a high level of 25.7% in 2011-12, while urban poverty dropped to 4.09% from 13.7% in the same period, the report noted. In FY23, rural and urban poverty rates were 7.2% and 4.6%, respectively.

The New Indian Express Bhubaneswar से और कहानियाँ

The New Indian Express Bhubaneswar

US court upholds $194 mn award against TCS in trade secrets lawsuit

IN a setback to Tata Consultancy Services Ltd. (TCS), the company informed the exchanges that it has been handed an adverse ruling by a US appeals court, which has upheld a nearly $194 million damages award against the Indian IT giant in a long-running trade secrets lawsuit.

time to read

1 min

November 24, 2025

The New Indian Express Bhubaneswar

Chess WC: Sindarov and Wei Yi seal Candidates spots

UZBEKISTAN'S GM Javokhir Sindarov and GM Wei Yi of China will be facing off in the finals of the FIDE World Cup 2025 after they won their respective semifinals via the tiebreak and also confirmed their Candidates Spots on Sunday.

time to read

1 min

November 24, 2025

The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

Ukraine foreign minister dials EAM amid US peace plan

WITH Washington's deadline fast approaching for Kyiv to accept US President Donald Trump's contentious 28-point peace plan, Ukrainian Foreign Minister Andrii Sybiha reached out to External Affairs Minister S Jaishankar to brief him on the diplomatic efforts to end the nearly four-year conflict with Russia.

time to read

1 min

November 24, 2025

The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

Amid criticism, Cong insists INDIA bloc united, will manage floor well

AHEAD of the Winter session of Parliament, Congress whip and party's parliamentary strategy group member Manickam Tagore on Sunday asserted that the INDIA alliance remains united and the party is committed to taking other parties along. The session, with 15 sittings, is slated to begin on December 1 and conclude on December 19.

time to read

2 mins

November 24, 2025

The New Indian Express Bhubaneswar

Lakshya ends title drought in Sydney

AT long last, Indian shuttler Lakshya Sen ended up on the winning side as he captured the Australian Open, his first title of the season.

time to read

1 min

November 24, 2025

The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

Top ULFA leader lays down arms, setback for Baruah

THE Paresh Baruah faction of banned insurgent group United Liberation Front of Assam (ULFA) suffered a setback on Sunday when one of its top leaders, Arunodoi Dohutia, also known as Arunodoi Asom, surrendered before security forces.

time to read

1 mins

November 24, 2025

The New Indian Express Bhubaneswar

KNOWING BEHAVIOURAL BIASES IN MF INVESTING

EVERY tenth rupee invested in the Indian equity markets belongs to a mutual fund investor. Cumulatively, the collective wealth of all mutual fund investors exceeds $500 billion, or ₹43,00,000 crore. That may sound like some serious wealth for Indians.

time to read

2 mins

November 24, 2025

The New Indian Express Bhubaneswar

NO SPARING THE GUILTY IN BLACKBUCK DEATHS IN ZOO

THE deaths of 31 out of 38 blackbucks at the Kittur Rani Chennamma Mini Zoo in Belagavi, Karnataka, are more than an institutional embarrassment.

time to read

1 mins

November 24, 2025

The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

Eze scores hat-trick as Arsenal beat Tottenham

SUMMER signing Eberechi Eze scored a hat-trick as Arsenal posted a statement win (4-1) over Tottenham in the Premier League on Sunday.

time to read

1 min

November 24, 2025

The New Indian Express Bhubaneswar

Once forgotten South Africa's man, Muthusamy keeps growing in stature

IT'S funny how these things work out in the end, eh?

time to read

2 mins

November 24, 2025

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