China stuck in middle-income trap, distrust in its tech companies major cause

Oct 04, 2022

Beijing [China], October 4 : China's rights abuses and bad reputation of its tech companies have resulted in creating a negative business environment that...

Middle-income trap hinders progress of 108 developing countries; including India, China: World Bank

Aug 01, 2024

Drawing on lessons of the past 50 years, the World Development Report 2024 finds that as countries grow wealthier, they usually hit a "trap"...

India maintains 40th position in Global Innovation Index 2023

Sep 29, 2023

India emerged as the numero uno among 37 lower-middle-income group economies

India needs to strive to be USD 30 trillion economy by 2047 to become developed country, avoid middle income trap: NITI Aayog paper

Jul 27, 2024

India needs to strive to be a USD 30 trillion economy by 2047 with a per capita income of USD 18,000 per annum to...

Partnership for Global Infrastructure, Investment to help developing countries: White House

Nov 15, 2022

This was launched to accelerate investment in quality infrastructure in low- and middle-income countries around the world and strengthen the global economy.

Sitharaman says new taxation regime now has got greater incentives

Feb 01, 2023

In her budget speech, the minister made five major announcements in regard to personal income tax, saying these primarily benefit hard-working middle class