With its rising energy needs, India has emerged as the fourth largest energy consumer of the world after the US, China and Russia.
India is home to one third of the world's poor, yet the government claims that poverty has fallen.
Among households headed by someone who entered the US since 2000, only one-fourth were owned.
Though Indian-Americans have the distinction of being the highest-per capita income group among ethnic communities, they lag far behind their European counterparts when it comes to owning a house in the US.
'You cannot take success for granted.' 'That's the most important lesson that you learn being an entrepreneur.'
Bank of America (BofA) Securities expects India to be the third-largest economy in the world by 2031. The economic rise could become a reality by 2028, but the Covid pandemic delayed the pace, BofA Securities economists Indranil Sen Gupta and Aastha Gudwani wrote in a report.
India's monstrous public distribution system ensured that the government, and not private players, became a huge hoarder of food grains.
Official websites of some states haven't been updated for years
India is already importing 80 per cent of oil and 25 per cent its gas requirements.
Expenditure on food articles as a proportion of monthly expenditure is decreasing.
Top per capita producers are the wealthy nations of Europe.
Take a look at the 25 best countries for doing business.
India also fares poorly on maternal mortality rate.
China's economy picked up pace notching up 7.4 per cent year on year growth in the first half of 2014, the National Bureau of Statistics (NBS) said on Wednesday.
The country's ranking had jumped from 142nd spot last year.
India is poorer than the world average and so naturally has a greater percentage of poor people and a lower percentage of rich people. Yet using absolute numbers, India has more of almost everything, which is misleading, says Debraj Ray and Maitreesh Ghatak.
After a contraction in the current financial year, India's economy is forecast to bounce back with a sharp growth rate of 9.5 per cent next year provided it avoids further deterioration in financial sector health, Fitch Ratings said on Wednesday. The coronavirus pandemic will lead to shrinking of the already slowing economy in 2020-21 that started in April. Fitch Ratings forecast a 5 per cent contraction in the GDP in the ongoing financial year.
Addressing the conference, Chinese Premier Wen Jiabao said as a developing country, China may boast a fairly large economy, but its per capita income ranks around 90th in the world.
Over the past three decades, a global labour market started taking shape.
'Should you give a man fish, or teach him how to fish?' 'Lurking hidden in the new bout of welfarism seems to be an admission that the State can't deliver for the poor anything other than cash,' notes T N Ninan.
Global deforestation, destruction of wetlands, dumping of pesticides and fertilizer into waterways, and global warming are all taking a terrible toll on the Earth's fragile water system, writes Dr Nitish Priyadarshi
'Internet, healthcare and life insurance are a few sectors which offer solid long-term decadal potential.'
Over 23 million people were brought above the poverty line in China last year as about 100 million people from rural areas moved to cities for work.
Technology can play an important role in almost every sector of the economy in enhancing productivity and production.
Outlay for cultural activities increased, for social welfare schemes slashed
Shrug off the yoke of the imperialism of Delhi. That is why the DMK manifesto offers what it offers: The promise that Tamil Nadu will, one day, become an independent republic, notes Aditi Phadnis.
'Indian entrepreneurs became traders for Chinese goods rather than producers of goods.'
With the rapid growth of the emerging markets, the global economy is experiencing a seismic shift, points out the latest study by HSBC. Titled, 'The World in 2050', the report highlights that the economic shift is likely to continue.
India might be heading towards a "serious livelihood crisis" as the situation seems to be worse this time for the working class amid the COVID crisis and local restrictions by states already add up to something close to a nationwide lockdown, according to noted economist Jean Dreze. In an interview to PTI, he also said the government's target to make India a $5 trillion economy by 2024-25 was never a "feasible target" and was just to pander to the "super-power ambitions" of the Indian elite. About the impact of the second wave of COVID on the Indian economy, the eminent economist said the situation today is not very different from what it was around this time last year as far as working people are concerned.
Life in Hong Kong was very different 40 years ago.
The Lok Sabha was adjourned on Wednesday following uproar over fresh poverty estimates released by the Planning Commission, which pegged the poverty line at Rs 28.65 per capita daily consumption in cities. As soon as the House met, National Democratic Alliance convener Sharad Yadav and Communist Party of India leader Prabodh Panda were on their feet, demanding suspension of the Question Hour for a discussion on the latest poverty estimates of the Planning Commission.
There are some countries in the world that are really rich.
For those of us who are interested in the US presidential election, it might be useful to take stock of how well or badly the Obama administration has done on the economic front over the last four years
China currently ranks as the world's second-largest economy after the United States.
These states make India one of the fastest growing economies in the world.
Even though emerging markets generally do not have the level of market efficiency and strict standards, they are most sought after by investors.
China is the world's second-largest economy, after the United States.
Farm activists say low MSP is fine, if salaries revised under the Sixth Pay Commission are lowered.
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