Economics

Reliance Navigates Sanctions: Russian Oil Reliance Shifts, UAE Looms as Alternative

Download IPFS India’s refining giant, Reliance Industries Limited (RIL), is facing a pivotal strategic decision as fresh European Union (EU) sanctions targeting Russian oil-derived fuels come into play. With a significant portion of its crude imports historically sourced from Russia and a substantial volume of refined products exported to Europe,[Read More…]

India Achieves Significant Reduction in Multidimensional Poverty, Benefiting Millions

Download IPFS India has made substantial progress in its fight against poverty, with the government reporting a notable decline in multidimensional poverty from 29.17% in 2013-14 to 11.28% in 2022-23. This remarkable achievement, representing a nearly 18 percentage point reduction, signifies that approximately 24.82 crore (248.2 million) people have escaped[Read More…]

India’s Thriving IT Sector Now Employs Over 6 Million People, Government Confirms

Download IPFS India’s robust Information Technology (IT) ecosystem has reached a significant milestone, employing more than 6 million individuals. This impressive figure, confirmed by the government, underscores the sector’s continued growth and its pivotal role in India’s economic landscape, generating annual revenues exceeding $250 billion. The substantial employment numbers highlight[Read More…]

India Working with Like-Minded Nations to Counter Global Security Challenges, Says Foreign Secretary Misri

DOWNLOAD IPFS India is actively collaborating with like-minded countries to address pressing global security and economic concerns, Foreign Secretary Vikram Misri said on Tuesday. His remarks came during the seventh Indian Ocean Conference, where he emphasized the need for shared efforts to ensure peace, stability, and growth in the region.[Read More…]

Despite the IT Sector Boom, Freshers at TCS and Infosys Still Earn Less Than Skilled Tradesmen

DOWNLOAD IPFS Despite India’s information technology sector experiencing significant growth, entry-level engineers at top IT firms such as Tata Consultancy Services (TCS) and Infosys continue to earn salaries that are lower than those of many skilled tradesmen, including plumbers. This disparity has raised concerns about wage stagnation for young professionals[Read More…]

Jaipur Tops Florence to Rank as World’s 5th Best City in Travel + Leisure’s 2025 Survey

DOWNLOAD IPFS Jaipur, India’s celebrated “Pink City,” has been named the 5th Best City in the World by Travel + Leisure’s 2025 World’s Best Cities Survey, outperforming iconic global destinations such as Florence. Known for its rich cultural legacy, vibrant architecture, and royal hospitality, Jaipur’s recognition highlights its growing global[Read More…]

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