Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing.
Sick and wounded children begin crossing from Gaza to Egypt in first opening in monthsA deadly flight out of Wichita has one of America's most historic aviation cities reelingThe Afternoon WireUS aid agency is in upheaval during foreign assistance freeze and staff departuresThe 'Emilia Pérez' backlash, explainedTakeaways from India 's budget that slashes income tax on the salaried middle class to spur growthFACT FOCUS: No evidence that $50 million was designated by the US to...
The world’s fifth-largest economy is expected to post its slowest growth in four years due to a sluggish manufacturing sector, persistent food inflation, stagnant job growth and weak urban consumption. The country’s chief economic advisor, in a report released on Friday, forecast India’s economy would grow 6.3% to 6.8% in the next fiscal year.
According to the Center for Monitoring the Indian Economy, youth unemployment was at 7.5% in January, underscoring the challenge of delivering jobs in a country of more than 1.4 billion people.To boost productivity across the agriculture sector, the Indian government will launch a nationwide program to push high-yielding crops, focusing on the cultivation of pulses and cotton production.
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