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Datanomics: India closes in on Japan to be fourth-largest economy this year
Datanomics: India closes in on Japan to be fourth-largest economy this year

Business Standard

time4 days ago

  • Business
  • Business Standard

Datanomics: India closes in on Japan to be fourth-largest economy this year

India is likely to overtake Germany in 2028 as the third largest economy in the world, according to projections by the IMF Shikha Chaturvedi New Delhi Listen to This Article In 2024, the Indian economy stood moderately behind the world's fourth-largest economy — Japan — by $11.8 billion. A few years ago, India overtook the UK to become the fifth largest, and is now well on its way to rise to the fourth spot in the list of the top 10 largest economies in the world by overtaking Japan. The International Monetary Fund (IMF), in its World Economic Outlook (WEO) report released in April, had said that India is expected to be the

India's life expectancy falls for 1st time in 50 yrs; blame it on Covid-19
India's life expectancy falls for 1st time in 50 yrs; blame it on Covid-19

Business Standard

time09-05-2025

  • Health
  • Business Standard

India's life expectancy falls for 1st time in 50 yrs; blame it on Covid-19

Even in 2020, the first pandemic year, deaths had already risen by over six per cent compared to 2019 Premium Shikha Chaturvedi New Delhi Listen to This Article For the first time in nearly half a century, India witnessed a moderate decline in its life expectancy at birth during 2017-21, a setback attributed largely to the impact of the Covid-19 pandemic. According to the latest health statistics, the life expectancy at birth, which had steadily risen from around 49.7 years in the early 1970s to 70 years by 2016-2020, dropped to 69.8 years in the 2017-2021 period. The drop, though numerically small, is seen as a significant demographic indicator, reflecting the toll of the pandemic on the nation's population. It aligns with a sharp increase in the number

Datanomics: 65 years on, Gujarat leads Maharashtra in key economic metrics
Datanomics: 65 years on, Gujarat leads Maharashtra in key economic metrics

Business Standard

time30-04-2025

  • Business
  • Business Standard

Datanomics: 65 years on, Gujarat leads Maharashtra in key economic metrics

The shift is most stark in manufacturing - historically a core strength of Maharashtra Shikha Chaturvedi New Delhi Listen to This Article May 1, 2025, marks 65 years since the bifurcation of the primarily bilingual Bombay State, which led to the creation of Maharashtra and Gujarat. While the division was primarily linguistic, with Marathi and Gujarati speakers forming majorities in their respective new states, it was also politically charged. One of the fiercest debates centred around Mumbai — the megapolis formerly known as Bombay. Though there were proposals to either assign the city to Gujarat or convert it into a Union Territory, these were firmly rejected by leaders from Maharashtra. Eventually, Mumbai was retained in Maharashtra, reinforcing its centrality to the state's

Statsguru: May Day brings focus on future uncertainties for workers
Statsguru: May Day brings focus on future uncertainties for workers

Business Standard

time27-04-2025

  • Business
  • Business Standard

Statsguru: May Day brings focus on future uncertainties for workers

The social protection framework also remains limited in its reach. As of 2022, less than half (48.8 per cent) of the population was covered by at least one form of social protection Shikha Chaturvedi Listen to This Article As the world marks Labour Day on May 1, it's time to reflect on the state of employment in India — who is working, in what kind of jobs, and under what conditions. While the country has seen changes in labour force participation rate (LFPR) and some movement across sectors, the underlying story is one of slow transformation and continuing vulnerability for much of the workforce. Between 2014 and 2023, the distribution of employment across sectors has shown steady patterns, with only subtle shifts. Agriculture continues to dominate as the largest employer, consistently absorbing 43-45 per cent of the workforce.

As traditional visa paths shrink, Indians chart new course for their dreams
As traditional visa paths shrink, Indians chart new course for their dreams

Business Standard

time25-04-2025

  • Politics
  • Business Standard

As traditional visa paths shrink, Indians chart new course for their dreams

Australia, Canada, US and UK are restricting immigration, but other countries are opening their doors Premium Indians are one of the largest migrant and international student groups in these countries Shikha Chaturvedi New Delhi Listen to This Article Australia, Canada, the United States (US), and the United Kingdom (UK) are tightening their immigration policies, hurting the chances of Indians wanting to study or work there and prompting them to seek their dreams elsewhere. Indians are one of the largest migrant and international student groups in these countries. A report by the American Immigration Lawyers Association (AILA) flagged a sharp rise in visa cancellations in the US, with Indian students accounting for nearly 50 per cent of all reported 327 cases. Australia is under scrutiny for what many see as a targeted crackdown on immigration, with reports saying that

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