Daily Excelsior

Maj Gen Sanjeev Dogra (Retd) sanjeev662006@gmail.com India is officially one of the fastest growing large economies in the world. The headlines are impressive. Roads are being built. Airports are expanding. Digital payments have changed daily life. Infrastructure has visibly improved. Yet, beneath this growth story, there is a quiet unease. The rupee remains under pressure. Foreign investors have pulled out large sums from Indian equities. Too many educated young people are still searching for s

BEIJING, May 31: Chinas factory activity was flat in May, according to an official survey released Sunday, raising questions about how much further the countrys economy can shield itself from the fallout of the ongoing Iran war and pressure on demand. The official manufacturing purchasing managers index moderated to 50 from 50.3 in April, according to the National Bureau of Statistics. Measured on a scale between 0 and 100, a PMI reading above 50 indicates expansion, while a reading below [] The

MUMBAI, May 29: Robust macroeconomic fundamentals will support the growth trajectory of the Indian economy in the current fiscal year despite headwinds from elevated energy prices, supply chain disruptions, and global markets, the Reserve Bank of India (RBI) said in its Annual Report on Friday. Healthy balance sheets of the corporate and banking sectors, along with the governments continued thrust on capital expenditure, bode well for Indias strong growth trajectory, it said. Geopolitical risk h

Excelsior Correspondent PALAMPUR, May 28 : Underlining the value of Indias unexplored Himalayan Economy, Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences and MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh today said that the Himalayan economy is set to become a major contributor to Indias future growth. The Minister said the next phase of Indias economic expansion will increasingly emerge from sectors and resource

SRINAGAR, May 12: National Conference president Farooq Abdullah on Tuesday said the country was heading towards an energy crisis if the West Asia conflict is not resolved soon A crisis is coming upon us, fuel crisis, gas crisis. We are heading towards destruction, Abdullah told reporters here. The former chief minister said the government wants to switch to online mode for schools in order to save fuel. However, everyone (student) does not have the online facility. We will have to [] The post Co

NEW DELHI, May 12: AAP national convener Arvind Kejriwal on Tuesday questioned Prime Minister Narendra Modi over austerity measures he has asked people to follow and said he needs to tell people about the condition of the countrys economy. Addressing a press conference, Kejriwal said the country has passed through crises, including wars, in the past, but no prime minister before Modi announced seven most stringent steps, requesting people to follow them. He also said the obvious reason behind th

Excelsior Correspondent NEW DELHI, Apr 24: Union Minister of State (Independent Charge) for Science & Technology and Earth Sciences, MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh today said that the 21st century will be Indias century and will be driven by a biology-led economy, with the countrys bio-economy projected to grow to $1 trillion by 2047. Addressing an international conference at IIT Roorkee , Dr Jitendra Singh said India is moving decisi

UNITED NATIONS, Apr 21: Indias economy is projected to grow at 6.4 per cent this year and 6.6 per cent in 2027, according to a report by the United Nations. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said in the report released Monday that economies in South and South-West Asia grew by 5.4% in 2025, compared to 5.2% in 2024, driven largely by strong growth in India. Indias growth edged up to 7.4% in [] The post Indias Economy Projected To Grow At 6.4% This

Prof M K Bhat drmkb1963@gmail.com Iran-America war has rattled the geopolitical and geo economic atmosphere of the world. The closure of Strait of Homruz by Iran is a big push to world economy towards Global recession. The economies of global south, Europe and Asia have started to feel the heat and the other nations of the world are going to feel its intensity quite soon. Protests against the continuation of war have erupted in many countries including America. Maritime insurance [] The post War

ISLAMABAD, Apr 9:Prime Minister Shehbaz Sharif has set up a special body to deal with the effects of the West Asia conflict on the economy and security of the country. The National Coordination and Management Council (NCMC) was constituted hours ahead of the two-week ceasefire achieved between the US and Iran. US President Donald Trump announced that he had agreed to a two-week ceasefire with Iran as proposed by Pakistan. The NCMC is jointly headed by Minister for Economic Affairs [] The post Pa

MUMBAI, Apr 8: The Reserve Bank of India kept its key policy rate unchanged on Wednesday, adopting a cautious wait-and-watch stance as policymakers assessed the fallout from the six-week Iran conflict on energy supplies, inflation and growth. The central banks six-member Monetary Policy Committee voted unanimously to keep the benchmark repurchase rate at 5.25 per cent, flagging heightened uncertainty after the West Asia conflict drove crude prices sharply higher, weakened the rupee and disrupted