Tag: Indian Economy
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India drops two spots in UN’s Human Development Index
India drops two spots: As per a recent report by UNDP, India slipped two ranks to 131 in the Human Development Index India slipped two spots on the 2020 Human Development Index to 131 among 189 countries worldwide. As per a report released by the United Nations Development Programme (UNDP) on Tuesday, Asia’s third-largest economy ... -
Indian oil Stockpiles to take months to clear
India might have discovered a self reliance formula to recover from the lockdown but its oil refineries are dwindling thumbs; wondering how to traverse a rock bottom low consumption. Stockpiles continue to swell in a demand that has gone back to stone age. According to Bloomberg reports, operations across 23 refineries nationwide are reported to ... -
Bloomberg survey forecast: Indian economy will shrink by 0.4%
As per a recent survey, the economists predicted that coronavirus curtailment measures would reduce India’s economic growth by 0.4% for the fiscal year 2020-21. The forecast was released based on the survey conducted by the Bloomberg News. As part of the survey, in which views of 19 economist were recorded from May 6 to 11, ... -
Warehousing and storage is going to be big business post lockdown
The post pandemic markets will transform. Businesses models might have to change the way they run. This could also mean, that the whole method in which storage and warehousing has been functioning may also have to evolve. Indeed, India is betting on (big) warehousing and storage post pandemic. The whole process started in February. The ... -
Centre orders immediate release of IT refunds up to Rs 5 lakh
Citizens who are facing a shortage of funds due to job loss or pay cuts due to the ramifications of the nationwide lockdown can breathe a sigh of relief. As the country battles Coronavirus, the government has decided to provide a major relief for business entities and individuals. The Centre on April 8 announced that ... -
Global Business Summit 2024: India Aims To Become A $30 Trillion Economy
The Global Business Summit 2024, organized by ET Now, is currently taking place in Delhi, India. The event began on February 9th and will continue until February 10th. The summit aims to bring together global leaders, business tycoons, and policymakers to discuss pressing issues in politics, economy, and diplomacy. Prime Minister Narendra Modi delivered a ... -
How Will India Become World’s 2nd-Largest Economy, Surpassing US?
World’s 2nd largest bank, Goldman Sachs has reported, India is projected to become the world’s second-largest economy by 2075, surpassing not only Japan and Germany but also the United States. Currently, India is the fifth-largest economy globally, following Germany, Japan, China, and the US. Goldman Sachs highlights innovation, technology, higher capital investment, and rising worker ... -
Price hike: Petrol, Diesel, Liquor
On Wednesday morning (May 6) people were likely to wake up to the petrol price hikes revised and announced by the Central Govt on Tuesday night(May 5). Price hike The Indian Central Govt have raised the excise duty on petrol by Rs 10 and on diesel by 13 per litre and these new price hikes ... -
Oil price fall at Global level will not affect price in domestic level
Oil prices falls at global level that nobody would have ever-thought of: No Wolrd Leaders, No Political crisis, No Natural calamities was able to that but Corona Pandemic was able to. In the history of US oil trading, Monday(April 20,2020) will remain a nightmare because of the never-seen drop faced by the trade. Oil price ...








