The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
The National Rural Employment Guarantee Act promises at least one person from every rural household a minimum of 100 days of work in a year, at Rs 80 per 7-hour work day.
In an expansive and relaxed mood, Finance Minister P Chidambaram explained the big idea behind Budget 2005-06 and his priorities for the coming year
Arshdeep Singh registered career-best figures of 6/40 to help India D outclass India B by 257 runs.
'If you look around the world at people of colour, religion, caste, sexuality or any of the marginalised communities, we are always talking in numbers.' 'We are always assigning them a statistic.' 'That is an easy way to assuage your urban guilt. Because you hide your apathy with hollow sympathy.' 'We are, in a way, making them invisible.'
Retail inflation eased to a nearly six-year low of 3.16 per cent in April mainly due to subdued prices of vegetables, fruits, pulses, and other protein-rich items, creating enough room for the Reserve Bank to go for another round of rate cut in the June monetary policy review. The Consumer Price Index (CPI) based inflation was 3.34 per cent in March and 4.83 per cent in April 2024. It was 3.15 per cent in July 2019.
Retail inflation dipped marginally to a nearly six-year low of 3.34 per cent in March due to a decline in prices of vegetables and protein-rich items. The Consumer Price Index (CPI) based inflation was 3.61 per cent in February and 4.85 per cent in March last year.
The visitor returns not just with the jewel-like beauty of the country imprinted on the mind, the body rejuvenated by hot stone massages, but also with the captivating stories and myths that are built into every important structure -- whether a tourist magnet or an off-the-beaten track spot.
Telecom regulator Trai on Wednesday released draft recommendations on rural telephony for overcoming various constraints coming in the way of increasing telecom penetration in rural India.
The World Bank on Tuesday raised the growth forecast for the Indian economy to 7 per cent for the current fiscal year on the back of recovery in agri sector and rural demand. World Bank had in June projected India to grow at 6.6 per cent for FY24. According to the World Bank Report released on Tuesday, India's growth continues to be strong despite a challenging global environment.
'This helps the consumers secure more favourable terms from CIs.'
When Dell decided to start its operations in Tamil Nadu, the state government wanted the company to operate from a rural area.
According to telcos and analysts, this is due to SIM consolidation happening after the minimum recharge plans were implemented by incumbents.
'But when we actually express ourselves, sometimes our parents can surprise us, because they just love their children.' 'Sometimes it's just that simple. That is what I wanted to show in this film.'
Starting with villages in Sangli district of Maharashtra, Dharma today sells products and services.
The time is ideal for a 'Dream Budget' akin to the 1991 reforms that sparked high growth and unlocked significant gains in productivity, points out Rajeswari Sengupta.
India's post-pandemic recovery appears to be shaping up like the letter K, widening the inequality among states. The last part of the series captures the rising rural distress, as seen through the prism of MGNREGS demand. The pandemic appears to have exacerbated rural distress in the poorest states.
This survey also shows how things have moved forward since the last large-scale sample survey conducted by NSSO in 2012-13
Upgrading capabilities in manufacturing and logistics and bridging the gap between rural and urban incomes are some of the structural challenges that India needs to address, according to a document prepared by NITI Aayog. In the document titled 'Vision for Viksit Bharat @ 2047:An Approach Paper, the Aayog said India needs to avoid the middle-income trap and carefully work towards breaking out of it.
High spectrum costs limit operators to invest in next-gen network infrastructure.
All-rounder Shams Mulani starred with the ball to spearhead India A's remarkable recovery against India D on Day 1 of the Duleep Trophy match.
According to an NSSO survey, Indians in rural areas spend less than Rs 21 per day, while in urban area an Indian spends about Rs 39 per day.
'We give them problems so that they can come up with solutions using the technological skills they have learnt.' 'In fact, changemaking and problem solving are interchangeable, in a way.'
Success in the Lok Sabha polls would help Twitter chart out its growth story in India.
Violence had rocked West Bengal's rural polls on Saturday, leaving 15 people dead while ballot boxes were vandalised, ballot papers torched, and bombs thrown at rivals in several places.
The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said Department of Economic Affairs (DEA) secretary Ajay Seth on Monday. "Co-operative banks in the country are generally quite robust, and the RBI takes regulatory action whenever issues arise.
Flipkart's hyper-value e-commerce platform Shopsy is intensifying efforts to tap over half of the 821 million internet users (about 442 million) in rural India. These efforts are being led by Prathyusha Agarwal, who recently joined as business head at Shopsy. The aim is to become the go-to destination for consumers seeking entry-level products across various categories.
India remains the largest growing economy in the world, a senior official from the International Monetary Fund said, observing that the country's macroeconomic fundamentals are good. "India is said to remain the largest growing economy in the world. We project growth at seven per cent in FY24-25, supported by recovery in rural consumption, as there have been favourable harvests.
The 24th CPI(M) Party Congress commenced in Madurai, Tamil Nadu, with interim coordinator Prakash Karat emphasizing the need for Left unity to combat "Hindutva neo-fascism." He criticized the BJP-RSS government, accusing it of representing a "Hindutva-corporate nexus" and displaying "neo-fascist characteristics." Other Left leaders, including CPI general secretary D Raja and CPI(ML) Liberation general secretary Dipankar Bhattacharya, echoed calls for unity and condemned the current political climate in India.
Domestic rating agency Icra on Wednesday said India's real GDP growth for the September quarter is likely to decline to 6.5 per cent due to heavy rains and weaker corporate performance. The agency, however, maintained its FY25 growth estimate at 7 per cent on expectations of a pick up in economic activity in the second half of the fiscal.
Best monsoon in six years has spurred rural growth but urban scenario grim.
Keeping in mind the large scale exploitation of the common man across rural India, the Union government has come out with a novel rural banking plan to take all banking services to the doorstep of villagers.
Hit by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter. Several FMCG makers are likely to log a low single-digit rise in their revenue, returning to the cycle of value-driven growth.
Fast-moving consumer goods (FMCG) companies are expected to witness pressure on volumes in the October-December quarter. However, price hikes will help push up revenues, said brokerages.For India's largest engineering firm, Larsen and Toubro (L&T), the analysts expect a 20 per cent growth in consolidated revenue, and an 8.1 per cent core business Ebitda margin, up 40 bps from a year ago.
His innovation to churn out low-cost sanitary napkins is a double boon to poor women of rural India - they are hygienic and help them earn their living.
The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.
The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday. An article on the 'State of the Economy' in the December bulletin noted that the global economy continues to exhibit resilience with steady growth and moderating inflation.
Tilak Varma and Pratham smashed centuries as India A dominated the third day of their Duleep Trophy match against India D.
