BUSINESS ECONOMICS - May 1 - 31, 2023

In this issue

Introduction: Bharatvasis celebrated the birthday of Lord Rama and his brothers Bharat, Shatrughna and Laxman on 30th Global Economy and India: The International Monetary Fund (IMF), in its World Economic Outlook, has cut its global growth rate estimate for 2023 to 2.8% from 2.9%.The US economy growth has slowed down to 1.1% in Q1 of 2024. The World Bank and Asian Development Bank (ADB) have forecast India’s economic growth rate for FY24 to be 6.3% and 6.4% respectively. IMF has also revised India’s Gross Domestic Product (GDP) growth forecast for FY24, lowering it to 5.9%.

India sets an annual export target of $ 2 trillion by 2030

India's exports have reached a historic high of $770 billion in L2022-23 a huge 14% increase from $677 billion

7 mins

FTP 2023 seeks ambitious exports target to two trillion by 2030

The Government of India announced its Foreign Trade Policy 2023 (FTP 23) on March 31,2023

3 mins

India's overall exports in FY 23 praiseworthy but merchandise exports a concern

India's export sector has achieved the highest level in its history by earning $770.18 billion in the last fiscal

3 mins

Electric three-wheeler market to grow in India

Saera Electric Auto Pvt. Ltd. (SEAPL) is one of the leading companies in the electric vehicle sector. SEAPL was the first company to introduce the e-rickshaw in India and the first to receive ICAT (Vehicle Approval Certificate). BE's Saptarshi Deb spoke to Nitin Kapoor, Managing Director of Saera Electric Auto Private Limited

3 mins

India's vehicle market shows slow paced recovery

According to S&P Global Mobility, India's sale of light automobiles fell to fourth place internationally in the first quarter of the current calendar year

1 min

Heat Waves Cause Economic Slowdown

Carbon dioxide (CO2) is the biggest contributor to global warming; its concentration in the atmosphere has soared by 48% between 1750 to 2020

3 mins

UN Warns Of Increase In Global Warming By 2030

The UN's Intergovernmental Panel on Climate Change (IPCC) has recently issued its synthesis report on six post2015 findings, warning that the speed and scope of what has been done so far and the current plans are insufficient to combat climate change and that the world will cross the dangerous threshold of 1.5-degree Celsius temperature rise (from the level of 1850-1900 level) by 2030

2 mins

Social Justice in International Perspective: An Overview

The idea of social justice is, directly and indirectly, associated with human equality

5 mins

The Art Of Manifestation: Finding Your Own Genie

Manifestation is a process that has been studied and practiced for centuries

4 mins

Ahimsa in the Sanatana Dharma

There is no alternative to non-violence. For Dharma-Raksha -the protection of humanity, the path of non violence should not be abandoned till the end

4 mins

Read all stories from {{magazineName}}

BUSINESS ECONOMICS Magazine Description:

Business Economics, following its credo of “exclusive and comprehensive” coverage, has been one of India’s most popular business magazines. What started as a 12-page tabloid in 1995 has become a magazine with global reach and coverage. 

Each issue consists of ten main sections: World, Finance, Economy, Industry, Agriculture, Environment, Technology, Health, Culture, and Enlightenment. It covers the entire gamut of economic activities in India and abroad. Thoughtful pieces on socially and politically relevant issues, health, education, culture and enlightenment are also covered to give our readers an all around perspective.

Besides having a team of highly-qualified and experienced editors and a network of correspondents spread across the country, it has a panel of eminent columnists.

Business Economics is committed to objective reporting and is not attached to any political or economic ideology