The report submitted to the 16th Finance Commission revealed that 18 districts have a growth rate less than 0.8x of the GSDP expansion rate and per capita income below average state income. Only seven out of 36 districts in Maharashtra contribute 54% of the gross State domestic product (GSDP), which stood at Rs 45 lakh […]
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China’s Government subsidies, aimed at boosting domestic consumption, have spurred a surge in digital product sales, generating approximately $20 billion in just four months. Over 48 million consumers participated, purchasing 51.48 million products. This initiative has led to a significant increase in retail sales of communication appliances and a shift towards higher-end smartphones. The Chinese […]
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The gross FDI — the money ploughed into India by overseas companies — rose by 13.7% to $81 billion in 2024-25 from $71.3 billion the previous year. The net foreign direct investment into India sunk 96% to $0.4 billion in financial year 2024-25 amid increased repatriation by foreign companies and outward investment by Indian firms, […]
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