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economic growth

UK Set to Create 38,000 Jobs Following Record £63 Billion Investment

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Nearly 38,000 jobs will be created across the UK following the announcement of a record-breaking £63 billion in investments around the International Investment Summit. This total more than doubles last year’s £29.5 billion commitment at the Global Investment Summit and will drive growth and innovation in key sectors like infrastructure and technology. Among today’s new …

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India Considering Lowering Personal Tax Rates to Boost Consumption

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The Indian government is contemplating lowering personal tax rates for certain categories of individuals in the upcoming Budget 2024, potentially boosting consumption in Asia’s third-largest economy. This plan might be announced in July when Prime Minister Narendra Modi’s government presents its first federal budget after the Bharatiya Janata Party (BJP) failed to secure a majority …

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RBI Approves ₹2.11 Lakh Crore Dividend Payout to Government for 2023-24

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The Reserve Bank of India (RBI) has approved a substantial ₹2.11 lakh crore dividend payout to the central government for the financial year 2023-24. This amount is more than double the ₹87,416 crore paid for the previous financial year, 2022-23. The decision was made during the 608th meeting of the Central Board of Directors of …

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Closing the Women’s Health Gap: A $1 Trillion Opportunity for Global Well-being

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In a study by the McKinsey Health Institute in collaboration with the World Economic Forum (WEF), the report titled “Closing the women’s health gap: A $1 trillion opportunity to improve lives and economies” sheds light on the profound impact of gender disparities in healthcare on both individual well-being and global economic prosperity. The study, focused …

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