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The data revealed that rural extreme poverty fell from 18.4% to 2.8%, while urban poverty dropped from 10.7% to 1.1% during the period

India sees sharp decline in extreme poverty, says World Bank report

PGurus Newsdesk - June 7, 2025

The rating agencies have done a real disservice for decades by not pointing out the terribly flawed fundamentals behind the US Dollar

Moody’s meaningless downgrade

Like the David-Goliath battle, China is poised to emerge victorious—once economic fundamentals are clear, it's evident the real sinking ship is the US economy

“China vs US” tariff wars – A repeat of “David vs Goliath”

Coming to the here and now, very few have “connected the dots” between these two catastrophic events of 1971 and 1913 and the economic collapse that lies straight ahead

Gold – Is $3,000/oz in 2025 cheaper than $35/oz in 1971?

Much of the media has been asleep, though, with little discussion about the fate of fiat currencies in the years ahead

Will 2025 witness the onset of the US Dollar crisis?

RBI Governor said that the war against inflation to continue till the decline in inflation rate is closer to the target -- 4 percent

Repo rate to remain unchanged; GDP projected at 6.5% for FY24,...

PGurus Newsdesk - April 6, 2023 0

Moving on to a more practical concern, it really doesn't matter how high Gold rises, but rather how low the Dollar will fall

Gold at @2000/Oz. How high can it go?

Shanmuganathan Nagasundaram - April 5, 2023 1

High borrowing costs and slower income growth are expected to dampen consumption and lower growth according to the report

World Bank cuts India’s growth forecast to 6.3%; ADB projects 6.4%...

Team PGurus - April 4, 2023 0

The current round of monetary stimulus is going to primarily be in the form of QEs rather than rate cuts

Why 2023 has to be worse than 2008 – Part 2

Shanmuganathan Nagasundaram - March 21, 2023 0

The ongoing pass-through of input costs to output prices, especially in services, could continue to exert pressures on core inflation

RBI hikes repo rate by 25 bps to 6.50 percent; inflation...

PGurus Newsdesk - February 8, 2023 0

India’s growth expectation showcases its ability to recoup, renew and re-energize the growth drivers of the economy

Economic Survey reflects India’s economic resilience; growth projected between 6.5-7.0%

PGurus Newsdesk - January 31, 2023 0

Already a lot of industries have closed down, and if those industries don't restart soon, some of the losses will be permanent

Pakistan’s economy at risk of collapse; Pak rupee reaches all-time low...

PGurus Newsdesk - January 27, 2023 0

UN is projecting a growth rate of 6.7 percent, a

As world’s fastest-growing economy at 5.8%, India ‘bright spot’: UN economist

PGurus Newsdesk - January 26, 2023 0

Emerging and developing countries are facing a multi-year period of slow growth driven by heavy debt burdens and weak investment

Global economy staring at two recessions in same decade, first time...

PGurus Newsdesk - January 11, 2023 2

India's credit worthiness stable compared to negative outlook for the world

India’s credit worthiness stable compared to negative outlook for the world,...

PGurus Newsdesk - January 9, 2023 2

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BOOKS

What Sastry reveals in his book is a horrifying narrative of how Ramoji and Challa Kondiah went about this methodical destruction of the system

M.V.R. Sastry’s Devudunnadu Jagratha – A detailed examination – Part 1

The sudden and mind-boggling change in the political attitude of the Buddhist leadership in Ladakh in 2020 forms an important part of the book

Prof Hari Om’s new book “Buddhists Playing With Fire” hits the...

The book unveils an Eastern mystery of ancient Hindu wisdom and Yogic science especially for their benefit

Review of “The Manthan Code” (author Shambhu Sundriyal)

Ashwin acknowledges the need for standout performances to gain recognition, admitting that his bowling may not always be visually appealing

‘I Have the Streets’ – R Ashwin & Sidharth Monga

The book brings out the virtues and qualities the Governor (Ruler) should possess, what qualities the Mantris or council of Ministers have, etc

K Parasaran Miscellany: A book that needs to be read by...

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