The World Bank questioned Pakistan's claims of poverty reduction, noting limited improvement among the poor and worsening rural poverty. It warned that Pakistan's economic model remains insufficient for sustainable growth, with deep inequalities and stalled progress since 2015, as reported b
Pakistan and Canada discussed boosting trade and investment, focusing on agriculture and minerals. Canadian FM Anita Anand thanked Pakistan for supporting canola exports. Both sides reaffirmed cooperation, while separate talks in Islamabad explored expanding agricultural collaboration and su
Lok Sabha Speaker Om Birla on Thursday highlighted that the rule of law, along with its effective enforcement, is fundamental to economic growth and essential for realising the vision of a Viksit Bharat by 2047, a release said.
Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, led the UAE delegation participating in the 55th session of the GCC Industrial Cooperation Committee and the 10th meeting of the GCC Ministerial Committee for Standardisation Affairs, hosted by the State of Kuwait.
The Federal Reserve has decided to lower the target range for the federal funds rate by one-fourth of a percentage point to 3.75-4 per cent, marking a shift in its monetary policy stance amid signs of a moderating economy. The decision, according to a Federal Reserve press release on Wednesd
India's push towards infrastructure expansion, clean energy transition, and rapid industrialisation has propelled copper demand to new heights, with the metal emerging as a cornerstone of economic growth.
India's maritime sector is set to attract trillions of investments and create more than one crore new jobs by 2047, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said while speaking at the India Maritime Week 2025. "The maritime sector is poised to attract Rs 8 trillion of
The Minister projected that the Ministry's annual revenue will rise from Rs 55,000 crore to Rs 1.4 lakh crore within two years, driven by infrastructure growth. "Every rupee invested in infrastructure generates three rupees of economic growth," he added, underscoring the sector's strong m
India's services sector has emerged as a key driver of job creation, with its employment share rising from 26.9 per cent in 2011-12 to 29.7 per cent in 2023-24, according to a new report released by NITI Aayog.
Uganda President Yoweri Kaguta Museveni commended the entrepreneurial spirit of Indians, saying it has significantly contributed to Uganda's economic growth through job creation, skills development, and increased revenue for government services such as education.
Union Minister for Road Transport and Highways Nitin Gadkari, speaking at the Indian Maritime Week Programme, underlined the government's focus on developing robust port connectivity and maritime infrastructure to boost the nation's economic growth.