The economic condition of rural consumers in India has shown signs of improvement over the past two months, according to the Reserve Bank of India's latest Rural Consumer Confidence Survey (RCCS).
Stating that he had a very "meaningful" discussion with the RBI Governor, Mahtab informed that a wide range of information on the economic situation and the financial system of the country was discussed during the meeting.
Zarifa, one of the retirees who lives with her two sisters, talked about her situation in a deeply emotional tone, saying that they were unable to prepare for Eid this year due to financial hardship.
The Reserve Bank of India's Urban Consumer Confidence Survey (UCCS) for May 2025 indicates that consumer sentiments regarding the current economic situation have remained largely stable compared to March, supported by slight improvements in areas such as employment and prices, though these
Turkey's autocratic President Recep Tayyip Erdogan, who has always supported Pakistan's claims in Kashmir, supplied more than 350 drones and some military operatives to Pakistan, involving himself like an uninvited guest in Pakistan's conflict with India in Kashmir this month.
The global economy is under growing pressure, with growth expected to slow to 2.4 per cent in 2025, down from 2.9 per cent in 2024, according to the UN's World Economic Situation and Prospects report.
Shirin Ebadi, the Iranian human rights activist and Nobel Peace Prize laureate, spoke about the ongoing talks between Iran and the United States, expressing hope that if the agreement is reached, it could alleviate the threat of war in Iran and the region.
As the Budget session of Parliament begins, Congress leader Udit Raj criticized the economic situation, citing a decline in manufacturing, GDP, and domestic consumption, while taxes continue to rise.
Shehbaz Sharif briefed Nawaz Sharif on talks with PTI and other important issues, including the current political and economic situation of the country.
While the global economy has demonstrated resilience, withstanding a series of mutually reinforcing shocks, growth remains below the pre-pandemic average of 3.2 per cent, constrained by weak investment, sluggish productivity growth, and high debt levels, the UN report asserted.
Union Minister Rajiv Ranjan Singh on Friday expressed condolence on former Prime Minister Manmohan Singh's demise and said that he will be remembered for improving the country's economic situation.
As per a statement from the central bank, the Board placed on record its appreciation of the valuable services rendered by Shaktikanta Das during his tenure as Governor. Former RBI Governor Shaktikanta Das has served as the head of the central bank for six years which has ended on December 1