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2 mins read

India may take 75 years to reach one-quarter of US income per capita, says World Bank report

Drawing on lessons of the past 50 years, the report finds that as countries grow wealthier, they us…

PTI   


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India to remain fastest growing major economy in 2024-25, says CEA Nageswaran

India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V An…

ANI   


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India's strong economic recovery is led by fiscal expenditure: DSP MF

India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…

ANI   


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3 mins read

Global shifts make compelling case for a structural bull run in Indian assets, says Standard Chartered Bank’s wealth management office

India’s macroeconomic backdrop sets Indian financial market assets up to perform well on a multi-ye…

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1 min read

Need to increase per capita income to make India 3rd largest economy: Bandhan Bank MD

Bandhan Bank managing director Chandra Shekhar Ghosh on Tuesday said there is a need to increase pe…

PTI   


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Rising household debt and shrinking incomes are setting the stage for a recession, top economist says

The US economy has two imbalances that could tip it into a downturn, according to economist David R…

Jennifer Sor   


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India on course to become world’s second largest economy by 2050, says Gautam Adani

Morgan Stanley in its strategy report earlier this month said these very factors had put the fou…

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India on track to become third-largest economy by 2030: Morgan Stanley

The four global trends -- demographics, digitalization, decarbonization and deglobalization are fav…

ANI   


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FICCI, McKinsey whitepaper outlines path to 600 million jobs, ₹10 lakh per capita income by 2047

Industry body FICCI and management consulting firm McKinsey have come up with a whitepaper outlinin…

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India's rural-urban income gap declines sharply amid fall in poverty level: SBI Report

Along with the sharp decline in poverty in India, there has also been a marked reduction in the rur…

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Poverty is rising faster in American suburbs as lower-income people are pushed out of big cities

Suburbs in major metros areas in the South, West, and Midwest saw some of the biggest jumps in pove…

Eliza Relman   


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3 mins read

Delhi govt budget 2021-22 aims at raising per capita income at par with Singapore by 2047

"Under previous governments in Delhi, establishment costs used to be around 70-80 per cent. In our …

PTI   


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Spain's per capita income drops again to 30% below the Eurozone average and falls back to 1999 levels

Spain's per capita income was close to the Eurozone average until 2008.

Adrián Francisco Varela   


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1 min read

Delhi govt intends to increase city's per capita income to Singapore's level by 2047: Dy CM Sisodia while presenting budget in Assembly. PTI VIT BUN RC

Delhi govt intends to increase city's per capita income to Singapore's level by 2047: Dy CM Sisodia…

PTI   


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Fewer jobs, dependency on agriculture and low per capita income; India’s labour market forecast is alarming

A report about India's labour market has come out with shocking results, claiming that by 2022 half…

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1 min read

India is becoming richer! Wealth rose more than 200% in last 15 years

However, if we rank India according to per capita wealth, it is placed last in the top 20 countries…

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People are buying less stuff as inflation rages and it's a terrible sign for Democrats' chances in the midterms

Americans have less disposable income after taxes and inflation. It's a damning sign for Democrats …

Ben Winck   


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5 mins read

GDP represents the sum total of a nation's output and income

Gross domestic product is a measure of the value of all goods and services produced in a country ov…

Melanie Lockert   


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India houses 2.36 lakh Millionaires, yet among lowest per capita income

China ranked second with 654,000 HNWIs and Australia was at the third place had 290,000. On per ca…

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6 mins read

Delhi’s per capita income increased 13.50 % during fiscal 2014-15

The sex ratio has improved from 821 in 2001 to 868 in 2011. The density of population has increas…