Republished with full copyright permissions from The Washington Daily Chronicle. As India’s marathon election kicked off its first voting phase last Friday, April 19, unemployment was looming large in the minds of millions of voters—despite the country’s rapid economic growth. Since Indian Prime Minister Narendra Modi came to power in 2014, economists have been quick to serve India on a silver platter as a powerful rival to China, particularly for its global manufacturing, investment, and growth capabilities. Investors have reason to feel bullish: between 2014 and 2023, India’s GDP grew by 55%, overtaking countries like the U.K., France, Italy, and … Continue reading India’s Economy: Navigating Unemployment in the Face of Rapid Growth

Republished with full copyright permissions from The Boston News Tribune. The recent approval by the European Parliament of new fiscal rules has garnered mixed reactions from various members and stakeholders. The revamped EU fiscal rules are viewed by the majority of MEPs as clearer, more investment-friendly, better tailored to individual country situations, and more flexible. The new rules aim to limit accumulated debts and annual deficits, while providing incentives for economic growth and essential investments. One of the key aspects of the new rules is the increased difficulty for the Commission to initiate an excessive deficit procedure for a member … Continue reading European Parliament Approves New Fiscal Rules with Emphasis on Flexibility and Growth