The latest report by the Food and Agriculture Organization (FAO) reveals that India has moved up to ninth place globally in total forest area and has retained the third-rank position in annual forest-area gain.
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In a significant feat, India has made key strides in the last decade in reducing its extreme poverty rate, which fell to 5.3 per cent in 2022-23 from 27.1 per cent in 2011-12, latest World Bank data has revealed.
India is poised to become the world’s third-largest economy by 2028, surpassing Germany, according to a recent report by Morgan Stanley.Â
The Indian automotive sector is unlikely to feel any major repercussions from US President Donald Trump’s reciprocal tariffs, thanks to its strong domestic market and high levels of localization.
Recent reports from northern China indicate a decline in infections caused by the human metapneumovirus (HMPV), a flu-like virus that has stirred international attention due to concerns over a potential pandemic.
The government is set to revamp the production-linked incentives (PLIs) by easing fund release norms, expanding the scheme to more sectors, and providing special carve-outs for MSMEs (micro, small, and medium enterprises) in labor-intensive industries, according to reports.
India’s electronic manufacturing is likely to reach around $250 billion in the next five years. At present, the electronic exports of the country stand at $125 to $130 billion.’
India’s retail inflation reached a 10-month low this month dropping to 4.85 percent in March 2024 from 5.09 percent in the previous month.