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BUSINESS ECONOMICS Magazine - July 01 - 31, 2025

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In this issue

The basis of the current health strategy and healthcare structures in India was first presented by the Bhore Committee Report in 1946, a year before independence. The committee recommended that protective and remedial healthcare facilities should be provided to both rural and urban areas. India’s first National Health Policy (NHP) was formulated nearly four decades later, in 1983, with a focus on provision of primary health care to all citizens. Now Healthcare has become one of the country's largest sectors, both in terms of revenue and employment over the years. India’s healthcare delivery system is categorised into two major components – public and private. The Indian healthcare market is a rapidly growing sector, projected to reach $638 billion by 2025. The market was valued at $372 billion in 2022-23. It is one of India's largest employment sectors, currently employing an estimated 7.5 million people.

A twelve-day Middle East conflict and its impact on oil prices

The recent twelve-day conflict between Iran and Israel (June 11-23) was initially expected to be yet another short-lived regional flareup. However, it quickly escalated into a potential global crisis when the United States (US) intervened on June 22 by bombing Iranian nuclear sites. In response, Iran launched missile attacks on US airbases in Qatar, dramatically changing the dynamics of the conflict.

4 mins

World economies race to sign FTAs, but are they enough to deliver results?

In recent years, India has been actively pursuing Free Trade Agreements (FTAs) with various countries and trade blocs. So far, it has signed around 13 FTAs, varying widely in their scope and objectives. However, many observers remain skeptical about their effectiveness. Between 2017 and 2022, India’s exports to FTA partners grew by 31%, while imports surged by 82%. Furthermore, India’s FTA utilization rate remains low at just 25%, compared to 70-80% in developed countries (RN Choudhury, East Asia Forum, 19 September 2023). This underlines the importance of critically evaluating the upcoming FTAs India is set to sign.

2 mins

India climbs to 15th rank in Global FDI Inflows

On June 19, 2025, the United Nations Conference on Trade and Development (UNCTAD) released its World Investment Report 2025. The global investment outlook has turned negative, driven by escalating trade tensions, geopolitical fragmentation, and increasingeconomic volatility. These factors have led to significant downward revisions in Foreign Direct Investment (FDI) projections, affecting GDP growth, capital formation, trade flows, financial stability, and investor confidence. Early 2025 data indicate historically low levels of deal-making and project activity.

2 mins

From strength to strain: India's GDP challenges in FY26

The National Statistics Office (NSO), under the Ministry of Statistics and Programme Implementation, Government of India, recently released data indicating that India's economy grew by an impressive 7.4% in the January-March quarter (Q4) of fiscal year 2024-25 (FY25). This strong performance contributed to an overall annual GDP growth rate of 6.5% for FY25. The government has showcased this achievement as evidence of India's position as the fastest-growing major economy, outperforming countries like China (5.4% in Q1 2025) and G7 nations such as the United States and Germany, which recorded significantly lower growth rates of around 0.8%.

3 mins

Standardized KYC framework — The need of the hour

Finance Minister Smt. Nirmala Sitharaman seems to have hit the nail on the head. She recently expressed deep concern over the large volume of unclaimed financial assets lying idle in the system—arising from unclaimed bank deposits, insurance and mutual fund payouts, pension settlements, and more. Over the years, various entities across the BFSI (Banking, Financial Services, and Insurance) sector have accumulated these unclaimed amounts and subsequently transferred them to their respective regulators.

3 mins

Torrent Pharmaceuticals Ltd

Company Profile

2 mins

Can the RBI’s 100 basis points rate cut in 2025 revive economic growth?

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has cumulatively slashed the key policy rate—the repo rate—by 100 basis points in 2025.

2 mins

Serum Institute of India launches Nationwide HPV-Cancer Public Awareness Campaign

The \"Conquer HPV & Cancer Conclave 2025\" was launched in Kolkata, part of a nationwide public health initiative led by the Serum Institute of India (SII).

1 mins

RBI's bold rate cut signals shift toward growth amid economic headwinds

The Reserve Bank of India (RBI) has slashed its key policy rate by 50 basis points, accompanied by a 100 basis points reduction in the cash reserve ratio (CRR). This aggressive monetary easing is a bold signal aimed at revitalizing India's growth trajectory in the face of global uncertainties and domestic sluggishness.

1 mins

GenAI transforming Indian healthcare ecosystem efficient and inclusive

Healthy citizens are the greatest asset any country can have”, said Winston Churchill, prime minister of the United Kingdom during World War II. He was emphasising the importance of public health and well-being for a nation's overall strength and prosperity.

8 mins

Inclusive Healthcare: The key to India's prosperity

Ensuring inclusive healthcare—not just providing healthcare services—is essential for India’s path to prosperity. For a country like India, inclusive healthcare can eradicate poverty, enhance productivity, and lead to overall economic and social advancement.

3 mins

Initiatives for MSMEs by Government are welcome, but a more targeted policy is needed

The 9th Global MSME Day was observed across various parts of India on 27th June.

2 mins

Sandip Nowlakha, Murshidabad Royalty, behind India's Cafe revolution

Sandip Nowlakha, from the royal Nowlakha family of Murshidabad is a cultural custodian, entrepreneur and philanthropist, who has blended tradition with innovation. His Garden Cafe, is a place that is more than just a cafe - it's an experience.

1 mins

Realme GT 7 series launched in India

Realme unveiled its highly anticipated realme GT 7 series in India, in sync with its global launch in Paris. Headlining the announcement is the realme GT 7 Dream Edition, co-created with the Aston Martin Formula OneTM Team, making its official debut as the first co-branded smartphone with AMF1.

1 mins

ICL Fincorp marks its entry into West Bengal

ICL Fincorp Ltd., a Non-Banking Financial Company (NBFC) having registered office in Chennai, has officially commenced operations in West Bengal with the inauguration of its Kolkata branch at Atghara Pinnacle, Chinar Park. Adv. K.G. Anilkumar, Chairman and Managing Director of ICL Fincorp Ltd inaugurated the branch operations in a function at branch premises. Later addressing a press conference, Adv.

1 mins

Soma Chakraborty: Dreaming Healthiest India Vision and Realizing it with Goodace Hospital

\"Failure is the ground on which you make the staircase to victory by successfully achieving your dreams. Dreams you dared to pursue amidst all odds,\" says Soma Chakraborty.

1 mins

ManipalCigna Health Insurance strengthens focus in East India

ManipalCigna Health Insurance is deepening its focus in East India. Currently present in 42 cities with an advisor base of over 10,000 in the eastern region, the company plans to double its retail presence, branch network, and onboard 10,000 advisors.

1 mins

India's Grain Surplus: A Paradox of Plenty Amidst Policy Paralysis

India's granaries are overflowing—particularly with wheat and rice production surpassing official targets. Yet, this abundance paints a curious picture of prosperity marred by structural inefficiencies.

2 mins

Culture is strategy

Sheba Nandkeolyar talks about her journey from a migrant to an Australian business leader, the future of diaspora/multicultural marketing, bilateral business opportunities and the power of cultural intelligence in business ... .in conversation with Mukul Varma.

6 mins

World Environment Day celebrated in Shristinagar, Asansol on 5th June 2025 by Kanoria Foundation

Kanoria Foundation, under the Chairmanship of Dr H P Kanoria, in collaboration with Bengal Shristi and Srihari Global School, organised a series of awareness activities focused on this year's global theme:

3 mins

When the World Listens: A Tribute to Music on World Music Day

On the 21st of June, the world pauses—and listens.Not to traffic or chatter, but to something deeper—music. World Music Day, born in France in 1982, reminds us that music is not just sound. It is a soul-language—a bridge between hearts, cultures, and generations. Across more than 120 countries, people step out with flutes and guitars, tablas and violins, offering melodies not for fame, but for freedom.

2 mins

Art as a Viable Investment in India: Where Culture Meets Capital

Art has always reflected society. Now, it also reflects market potential.

3 mins

India’s Youth at the Crossroads: Addiction, Moral Drift, and the Urgent Call for Character-Building

India today stands at a pivotal moment in its journey toward becoming a global power. With over 65% of the population under the age of 35, it holds the promise of being the world’s youngest and most dynamic workforce. Yet, this promise is under threat—not from external forces, but from an alarming internal decline in character, values, and purpose.

4 mins

Spirituality and Humanism

Spirituality and humanism are intertwined with oneanother. Spirituality is the basic source of human selfrealization —identifying the self, while humanism in its basic spirit calls man to discharge his eternal duties at all levels, from individual to universal, and in all walks of life. In short, we can say that spiritually is a universal human experience to find meaning in life and humanism is the value system, the path to execute it. To derive the relationship between the two, it is necessary to first know them separately.

5 mins

More Israel-Iran conflict means bad times for Indian economy

More than 80% of India's oil requirements come from the Middle East, majorly from Iran. After the US bombing of Iran's nuclear plant sites, Iran has announced to block the Hormuz passage of the Persian Gulf which is expected to severely affect international transportation of oil. This will shoot up the oil prices, and add up to inflation. Hormuz blockage continues, in spite of the call for ceasefire.

3 mins

Read all Stories from BUSINESS ECONOMICS

BUSINESS ECONOMICS Magazine Description:

Publisher: Business-Economics

Category: Business

Language: English

Frequency: Monthly

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