Category: Economy
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Where Does India Invest the Most? RBI Reveals Top Destinations for Outward FDI in Q1 FY 2025
India’s outward foreign direct investment (OFDI) stood at a robust USD 6.65 billion in the first quarter of FY 2025 (April 1 to June 30, 2025), according to data released by the Reserve Bank of India (RBI). The report outlines country-wise investment figures comprising equity, loans, and guarantees, showcasing India’s expanding global business footprint. Total…
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WPI Inflation Turns Negative at -0.13% in June 2025 Amid Falling Food and Fuel Prices
Drop in Vegetable, Fuel, and Metal Prices Pushes India’s Wholesale Inflation into Negative Zone The Wholesale Price Index (WPI) inflation in India dropped to -0.13% in June 2025, marking a significant shift as prices of food articles, fuel, and basic metals saw a considerable decline. This contrasts with the 0.39% rate in May 2025 and…
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India Can’t Get Rich by Imitation: Raghuram Rajan Questions Lack of Global Innovation
India is poised to become the third-largest economy in the world, but former RBI Governor Dr. Raghuram Rajan believes this growth lacks true depth without global innovation. In a sharp critique published in The Times of India, Rajan asks a bold question — “Where is India’s TikTok, ChatGPT, or Fortnite?” Domestic Giants, Global Struggles Despite…
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Quantum Leap: A New Tech Revolution That Could Shake the Global Economy
Hi readers! The term “quantum leap” usually brings to mind futuristic tech or big innovations. But did you know it might soon disrupt our financial systems, job markets, and even national security? Read on to understand how this game-changing technology poses serious threats to the global economy—and what can be done to prepare. What Is…
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India’s Exports Rise to $142.43 Billion in April–May 2025, Led by Electronics & Pharma
📅 Published: June 2025📌 Source: Ministry of Commerce & Industry – Trade Update India’s foreign trade is showing strong signs of growth! The combined value of merchandise and services exports from April to May 2025 reached $142.43 billion, marking a 5.75% increase compared to the same period in 2024. This positive momentum is being driven…
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India’s Unemployment Rate at 5.6% in May 2025, Urban Women Face Highest Joblessness: PLFS
📅 Date of Report: May 2025📌 Source: Periodic Labour Force Survey (PLFS), Monthly Report Overview: The unemployment rate (UR) in India for individuals aged 15 years and above stood at 5.6% in May 2025, according to the latest PLFS-CWS data released by the Ministry of Statistics and Programme Implementation. The survey captures short-term employment trends…
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GIFT City: Changing the Financial Landscape of India
What is GIFT City? GIFT City, located in Gandhinagar, Gujarat, is India’s first International Financial Services Centre (IFSC). It’s designed to rival global financial hubs like Singapore, Dubai, and London. The city operates with regulatory flexibility, world-class infrastructure, and a special legal and tax framework to attract international and domestic investors. How is GIFT City…