economic transformation
Saudi Arabia Extends Alcohol Access to High-Earning Non-Muslim Residents as Part of Economic Transformation
Dec 09, 2025 10:27 am CST
Saudi Arabia has expanded alcohol purchase privileges to non-Muslim expatriates earning at least 50,000 riyals monthly, representing another step in the kingdom's gradual social liberalization aimed at attracting foreign talent and investment. This carefully managed modernization balances economic transformation goals with Saudi Arabia's position as Islam's birthplace and guardian of its holiest sites.
Telangana Unveils Ambitious $1 Trillion Economy Target by 2034 at Global Summit
Dec 09, 2025 01:41 am CST
Telangana's Chief Minister A Revanth Reddy has inaugurated the Telangana Rising Global Summit, unveiling an ambitious economic roadmap targeting a $1 trillion economy by 2034 and $3 trillion by 2047. The strategy includes a pioneering three-zone economic structure and development of the 30,000-acre Bharat Future City as a net-zero urban hub featuring specialized zones for AI, health, education, and manufacturing, aiming to increase the state's GDP contribution to India from 5% to 10%.
Understanding the "Hindu Rate of Growth" Controversy: PM Modi Challenges Economic Terminology
Dec 07, 2025 04:21 pm CST
Prime Minister Narendra Modi has criticized the controversial term "Hindu rate of growth," which was coined in 1978 to describe India's slow economic progress post-independence. This article examines the origin of this contentious terminology, its implications, and the ongoing debate surrounding it, including alternative perspectives like the "Hindutva rate of growth" and expert opinions on India's current economic trajectory. The discussion highlights how economic narratives intersect with cultural and religious identity in Indian economic discourse.
The Evolution of Black Friday: From Financial Panic to Global Shopping Phenomenon
Nov 28, 2025 02:17 pm CST
Discover how Black Friday transformed from a term for economic disaster in 1869 to a global retail celebration. This article traces the remarkable journey from Philadelphia's chaotic streets to a worldwide shopping phenomenon, exploring how retailers strategically rebranded a negative term into the profitable holiday kickoff we know today.
AI: The "Bigger Force Than Trump" Reshaping the Global Economy, Says Ruchir Sharma
Nov 08, 2025 01:15 am CST
Ruchir Sharma explains how artificial intelligence has become the dominant force in the US economy, overshadowing even Trump's significant tariff policies. Despite tariff rates increasing from 2.5% to around 15%, the massive $500 billion investment in AI infrastructure by American tech giants is transforming economic outcomes and preventing an expected recession, though Sharma warns about potential overinvestment following the pattern of previous technological revolutions.
Uday Shankar Urges Bihar to Prioritize Economic Development Over Caste Politics Ahead of Elections
Nov 01, 2025 08:19 pm CST
JioStar Vice Chairman Uday Shankar calls for Bihar to move beyond caste-based politics and focus on economic transformation during NDTV's Bihar Power Play event. He emphasizes the need for political consensus on growth, investment, and job creation to unlock the state's potential and create sustainable employment opportunities.
Saudi Arabia's FII Summit: Billions at Stake as Kingdom Showcases Economic Transformation and AI Ambitions
Oct 28, 2025 10:32 pm CST
Saudi Arabia hosts its ninth Future Investment Initiative conference, attracting global investors and heads of state to support its economic diversification plans. With $31.7 billion in foreign investment last year and ambitious gigaprojects like NEOM under scrutiny, the kingdom aims to position itself as a major player in technology and AI while strengthening international business relationships.
NDTV World Summit 2025: Four Prime Ministers to Lead Global Dialogue on Risk, Resolve and Renewal
Oct 08, 2025 05:15 pm CST
The NDTV World Summit 2025 will feature an unprecedented gathering of global leadership in New Delhi this October, including Prime Minister Narendra Modi, Sri Lankan PM Harini Amarasuriya, and former PMs Rishi Sunak and Tony Abbott. Under the theme "Edge of the Unknown: Risk. Resolve. Renewal," this prestigious event will bring together influential voices across politics, business, and culture to address critical global challenges and reimagine collective futures.
Prime Minister Modi Honors Dr. Manmohan Singh's Legacy on 93rd Birth Anniversary: Celebrating a Lifetime of Economic Reform and Public Service
Sep 26, 2025 02:11 pm CST
Prime Minister Narendra Modi paid tribute to former PM Dr. Manmohan Singh on his 93rd birth anniversary, recognizing his significant contributions to India's economic transformation. Dr. Singh, who served as India's 13th Prime Minister from 2004-2014, is remembered for implementing groundbreaking economic reforms, establishing the MGNREGA and RTI Act, and his commitment to inclusive growth. Congress President Mallikarjun Kharge also honored Singh's legacy of integrity, intellect, and selfless service to the nation.