Articles for tag: Divide, Economic, Growth, Indias, Leadership, Learn, Northern, Playbook, Southern, StagnationCan, Success

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India’s Economic Divide: Southern Success vs. Northern Stagnation—Can Leadership Learn from the Growth Playbook?

A recent report from the Prime Minister’s Economic Advisory Council highlights significant regional differences in India’s development since the 1960s. Southern states like Karnataka and Telangana have thrived post-liberalization, becoming economic powerhouses, while states like West Bengal, Uttar Pradesh, and Bihar have seen declines in their contributions to the national GDP and per capita income. ...

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Overseas funds are surging back into India’s  trillion market, driven by political stability and promising growth prospects.

Overseas funds are surging back into India’s $5 trillion market, driven by political stability and promising growth prospects.

Overseas funds are making a strong comeback in Indian stocks, as net foreign purchases reach $8.5 billion this quarter, the highest since mid-2023. Investors are encouraged by Prime Minister Narendra Modi’s stable government and India’s growing economy, which is set to become the third-largest globally by 2028. Despite Indian equities being pricier than many emerging ...

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HDB Financial Services launched a Rs 2,500 crore IPO, showcasing robust growth and a promising future under HDFC Bank’s guidance.

HDB Financial Services launched a Rs 2,500 crore IPO, showcasing robust growth and a promising future under HDFC Bank’s guidance.

HDB Financial Services Ltd, a part of the HDFC Group, has received approval for its initial public offering (IPO), aiming to raise up to Rs 2,500 crore. This IPO includes a fresh issuance of shares and an offer for sale by existing shareholders, pending necessary approvals and Market conditions. Currently, HDFC Bank holds a significant ...

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RBI Governor Shaktikanta Das stabilizes the rupee, amasses 0 billion in reserves, balancing export growth and economic stability amid global pressures.

RBI Governor Shaktikanta Das stabilizes the rupee, amasses $700 billion in reserves, balancing export growth and economic stability amid global pressures.

Shaktikanta Das, the Governor of the Reserve Bank of India, has skillfully balanced the rupee’s stability while supporting Prime Minister Modi’s export goals. India’s foreign exchange reserves have reached nearly $700 billion, echoing China’s past strategies. This approach has made the rupee less volatile, even as it hit record lows close to 84 per dollar. ...

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Union Finance Minister Nirmala Sitharaman emphasizes banks’ vital role in achieving India’s 2047 development goals through sustainable growth and technology.

Union Finance Minister Nirmala Sitharaman emphasizes banks’ vital role in achieving India’s 2047 development goals through sustainable growth and technology.

Union Finance Minister Nirmala Sitharaman emphasized the vital role of the banking sector in achieving India’s goal of becoming a developed nation by 2047. Speaking at the 90th foundation day of the Bank of Maharashtra, she outlined key pillars for a prosperous India, including economic growth, social progress, environmental sustainability, and good governance. Sitharaman urged ...

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Cisco’s dramatic layoffs of 5,600 employees highlight a tumultuous industry shift towards AI and restructuring for future growth.

Cisco’s dramatic layoffs of 5,600 employees highlight a tumultuous industry shift towards AI and restructuring for future growth.

Cisco, a major US technology company, has announced significant job cuts, laying off around 5,600 employees, which is about 7 percent of its workforce. This comes as part of its strategy to manage costs amid decreasing demand, following earlier layoffs of 4,000 workers earlier in the year. The company is shifting its focus towards investments ...

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Bengaluru’s wealthy elite surges, with a forecasted 150% increase in centi-millionaires, igniting a battle for resources amid dramatic growth.

Bengaluru’s wealthy elite surges, with a forecasted 150% increase in centi-millionaires, igniting a battle for resources amid dramatic growth.

Bengaluru is witnessing an impressive surge in its ultra-wealthy population, expecting a 150 percent increase in centi-millionaires over the next 16 years. Currently, the city boasts about 13,200 millionaires with a total investable wealth of Rs 800 crore. This growth reflects a trend seen globally, where the centi-millionaire population has surged by 54 percent in ...

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Pernod Ricard India, led by Jean Touboul, anticipates robust growth amid regulatory challenges and a focus on premium whisky expansion.

Pernod Ricard India, led by Jean Touboul, anticipates robust growth amid regulatory challenges and a focus on premium whisky expansion.

Pernod Ricard India anticipates strong double-digit growth in the medium term, driven by a growing trend towards premium products. Jean Touboul, CEO of Pernod Ricard India, highlighted that India has become the company’s second-largest Market globally. Despite facing regulatory challenges, including losing their liquor license in Delhi, Touboul remains optimistic and is actively seeking to ...

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In a historic shift, India surpasses China in the MSCI Emerging Markets Index, fueled by robust economic growth and investor confidence.

In a historic shift, India surpasses China in the MSCI Emerging Markets Index, fueled by robust economic growth and investor confidence.

India has made history by surpassing China for the first time in the MSCI Emerging Markets Index, showing a weight of 2.35% compared to China’s 2.24%. This shift comes amid India’s strong economic growth, with its GDP growing at a pace over three times faster than China’s. Analysts from Morgan Stanley expect India to keep ...

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India faces a dire skills gap in engineering, endangering economic growth as 90% of graduates struggle for employment.

India faces a dire skills gap in engineering, endangering economic growth as 90% of graduates struggle for employment.

India produces around 1.5 million engineering graduates each year, but a significant employability gap exists. Only about 60% of these graduates are likely to find jobs, with just 45% meeting the skill requirements set by employers. This shortfall is due to a skills gap, particularly in advanced technologies and industries such as AI, robotics, and ...

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