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Ground Report | New Delhi: Rothschild family banking is one of the biggest banks started off by Nathan Mayer Von Rothschild in 1798. This bank has a history of the influential dynasty which expanded under his four brothers originating in Frankfurt. Nathan Mayer was sent to Manchester but then settled in London, he was sent … Read more
Ground Report | New Delhi: Developing countries Debt crisis; Due to the rising debt crisis, the overall situation of poor countries will become very difficult. Developing nations are also facing the severity of the global recession. Outbreaks appear to be exacerbated during the debt crisis facing some of the world’s poorest countries. This year, more than 70 … Read more
Ground Report | New Delhi: Oxfam report poor and rich; The pandemic has made the world’s richest people much richer, but has pushed more people into poverty, according to the charity Oxfam. The lower incomes of the world’s poorest contributed to the deaths of 21,000 people every day, the report says. But the world’s 10 … Read more
Ground Report | New Delhi: Dowry payments still rampant in India; A World Bank study has found that the dowry system in India’s villages has largely remained stable over the past few decades. But this practice continues unabated. Researchers studied 40,000 marriages that took place in rural India from 1960 to 2008. They have found that … Read more
For which major economies like India, China, America have a hand where the situation is rapidly returning to normal Ground Report | New Delhi: The World Bank on the growth in the global economy, has shown that India’s GDP growth rate is estimated to be around 8.3 percent in 2021-22. Whereas in 2020 this rate was -7.3 … Read more
A World Bank report, India’s economy is expected to decline by 9.6 percent in FY 2020-21. This shows the decrease in expenditure and private investment at the family level. At the same time, the World Bank has projected a growth of 5.4 percent in the Indian economy in the next financial year 2021-22. ALSO READ: In … Read more
