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    • Hindu, Muslim poverty rates dropped significantly in last 12 years, says EAC-PM member Shamika Ravi

      Professor Shamika Ravi drew a comparison of poverty rates in the past decade based on data from Rangarajan (2014) poverty line for states for 2011-12 and for 2023-24, data from the Consumer Price index at the state level was used.

    • I am politically very naive, says Gita Gopinath

      Asserting that she is "politically very naive", Gita Gopinath, the Harvard economist and Economic Advisor to Kerala Chief Minister Pinarayi Vijayan, has said it would be good if she can be of help in thinking about the state's economic issues.

    • India Finance Minister: I want an RBI rate cut

      But having entrusted the Reserve Bank of India (RBI) with this responsibility, Jaitley said he was sure that the central bank was aware of economic developments and expressed confidence that the RBI will appropriately act with a sense of responsibility.

    • Govt to soon allot 62 offshore mineral blocks for mining

      The Geological Survey of India (GSI) carries out surveys in the Exclusive Economic Zone (EEZ) and Territorial Waters (TW) of India to assess the offshore mineral resources. TW is the belt of coastal water that extends up to 12 nautical miles (around 22 km) from the coast of a country.

    • Supply-side issues responsible for high onion prices: PMEAC

      Chairman of the PMEAC, C Rangarajan, said, "There can always be a temporary increase in inflation. But once the availability increases, it is expected that supply will get augmented in coming weeks and then it will come down."

    • World Bank appoints Kaushik Basu as chief economist

      The World Bank today appointed Kaushik Basu as its Chief Economist and Senior Vice President.

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