Indian Finance Minister Nirmala Sitharaman outlined an ambitious vision for the Indian economy, projecting a significant increase in the country’s per capita income. She anticipates that within the next five years, India’s per capita income will rise by US$2,000 (approx. INR 1,68,046), as per IMF projections. This optimistic forecast is rooted in the nation’s ongoing […]

The China-Plus-One strategy, often referred to simply as Plus One, is a business approach where companies diversify their investments and operations beyond China to other countries. With companies looking to diversify their operations, countries like India and Vietnam have become prime destinations for foreign investment. This influx of capital helps boost various sectors, including electronics, […]

In a year characterized by global economic challenges and geopolitical tensions, the Indian Rupee (INR) has emerged as one of the best-performing currencies in Asia. The remarkable performance is a result of India’s strong economic fundamentals, strategic fiscal policies, and strong microeconomic stability. Pankaj Chaudhary, the Minister of State for Finance, stated that the INR’s […]

Punjab, long celebrated as India’s “Granary,” has experienced economic challenges in recent decades, trailing behind its northern neighbors Haryana and Delhi. While Delhi increased its GDP share from 1.4% in 1991 to 3.6% in 2023-24, and Haryana surpassed Punjab on key economic metrics, Punjab’s economy has stagnated and even declined. Research by the National Council of Economic […]