World Development Report 2024: Navigating the Middle Income Trap
The World Bank has released its highly anticipated World Development Report 2024, titled “The Middle Income Trap”. The report sheds light on the challenges faced by middle-income countries in achieving sustainable economic growth and advancing to high-income status.Key Findings:1.... read more »
USA Stock Market Plummets: A Sign of Great Recession?
The US stock market has experienced a significant downturn in recent weeks, sparking concerns among investors and economists about the possibility of a great recession. The Dow Jones Industrial Average (DJIA) has fallen by over 10% from its peak, while the S&P 500 and Nasdaq Composite have... read more »
Report on the Indian Union Budget 2024
The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman on July 23, 2024, marks a significant milestone in India’s economic journey. This budget, the first during Prime Minister Narendra Modi’s third term, outlines a detailed roadmap for achieving ‘Viksit Bharat’ by... read more »
Sensex score above 1300 and below 16600 for fear of Omicron.
Indian stocks fell as the spread of the Omicron coronavirus ruined investor sentiment. The BSE Sensex benchmark dropped to 1,330 points and the Nifty 50 fell below the most important psychological level of 16,600. As of 11:02 am, Sensex closed at 55,681, down 1,330 points, and Nifty 50 at 16,582. ,... read more »
