Ease of doing biz calls for regulatory, process reforms

Against the backdrop of global challenges and heightened uncertainty, the Survey has backed reforms, including regulatory entities, and called for “creating a cadre of professionals”, who are adept in regulatory design and implementation, to improve the ease of doing business.“Policy reforms do matter. Process reforms arguably more so. Processes define the interaction between govt and…

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Digital addiction a major health worry, curb kids’ access: Survey

New Delhi: Online platfo-rms must be held accountable for enforcing age verification, while children should be nudged towards simpler, education-focused devices to curb rising digital addiction, Economic Survey has suggested.Alongside digital addiction, the survey flagged ultra-processed foods (UPF) as a parallel lifestyle threat, calli-ng for stricter controls on UPF marketing to children – including a…

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Red flags over sustainability of unconditional cash transfers

Make Up 50% Of Rural Monthly Consumption New Delhi: Unconditional cash transfers (UCT) by state govts now account for nearly half of the monthly per capita consumption expenditure among the rural population, raising concerns about fiscal sustainability and medium-term growth, especially when there is no complementary investment skilling and human capital, Economic Survey said.It said…

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World will move from ‘thinking about buying Indian’ to ‘buying Indian without thinking’: Sitharaman

World will move from “thinking about buying Indian” to “buying Indian without thinking”: Sitharaman Union finance minister Nirmala Sitharaman on Thursday highlighted the Economic Survey and said the survey mentions that a progression from ‘Swadeshi’ to ‘Strategic Resilience’ to ‘Strategic Indispensability’ will ensure the world moves from “thinking about buying Indian” to “buying Indian without…

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Microsoft stock plunges 12.3%, drags Wall Street lower-here’s what driving the fall

Microsoft led a pullback on Wall Street on Thursday, with US stocks retreating from record levels after the tech heavyweight logged its steepest single-day fall in years, weighing on broader market sentiment. While gold prices also reversed sharply after a blistering run, reflecting a broader cooling of risk appetite across global markets.Microsoft sank 12.3% despite…

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US Markets today: Stocks hover near records as Big Tech earnings diverge; gold extends blistering rally

US stocks were largely directionless on Thursday, trading close to record highs as investors sifted through mixed earnings from some of Wall Street’s most influential companies, while gold surged further in an extraordinary safe-haven rally.The S&P 500 edged up by less than 0.1% and hovered near its all-time high set earlier this week. The Dow…

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