Mutual Funds provide NRIs with a structured way to invest in India’s financial markets, enabling capital growth and diversification. The Indian mutual fund industry’s AUM has more than doubled in five years. NRIs need to complete KYC and choose the right bank account for investment.
3 min read17 Apr 2025India Q3GDP Growth: The bank kept its full-year GDP growth forecast unchanged at 6.4 per cent, which would require a growth of 6.8 per cent in the fiscal year’s second half (H2), compared to six per cent in H1FY25.
1 min read22 Feb 2025A study of seven decades of disparities—as they widened and shrank in phases—offers the country insights as well as clues to the policies we must pursue for a more equitable future. We need the best of times for everyone.
4 min read13 Jan 2025Data shows India’s economy is in a crunch, and with employment and income levels the way they are, cash transfers will likely grow as a political response. Bihar, meanwhile, may expect special attention.
4 min read12 Jan 2025India must raise not just its economy’s output but also the quality of its people’s lives. This may require a paradigm shift, an enlightenment rooted in dignity, fairness and shared prosperity. Let’s not risk a middle-income trap.
5 min read12 Jan 2025India’s consumer price index (CPI) should be revised on the basis of the latest survey of household consumption expenditure. It’ll aid the formulation of monetary policy. But nuances of the Indian situation must be kept in mind.
2 min read8 Jan 2025India FY25 GDP: The Indian economy is poised to grow around 6.6 per cent in the current fiscal driven by a revival in demand after structural growth drivers remained intact despite the recent deceleration.
3 min read30 Dec 2024The rise of Manmohan Singh (1932-2024) from ordinary beginnings to a giant stature is a tribute to the genius of Indian democracy. Under his leadership, India clocked the highest ever growth rates. No other economist comes even close to his spectacular achievements
3 min read27 Dec 2024Job generation remains a big challenge, as does better balanced growth, especially since the recent economic exuberance has been led by high-tech sectors, but gains can be made in mid-tech sectors if trade deals are struck.
4 min read19 Dec 2024China’s economic slowdown seems to have caused anxiety in Beijing over popular unrest. But attempts to keep bad news away from people are myopic. They’re likely to hurt the economy even more and prove self-defeating for the regime.
3 min read18 Dec 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared