Senate Republican leaders are discussing a proposal to expand an enhanced Federal Medical Assistance Percentage (FMAP) ...

The World Bank has reclassified Cape Verde from a lower-middle-income country to an upper-middle-income country, reflecting an increase in per capita income, the institution said in a statement on ...

The per capita debt of individual borrowers has grown from Rs 3.9 lakh in March 2023 to Rs 4.8 lakh in March 2025 at an ...

The RBI's financial stability report reveals a sharp increase in India's per capita debt, reaching Rs 4.8 lakh by March 2025, ...

India’s household debt has been increasing in recent years, driven by rising borrowing from the financial sector.

Rural India is experiencing an economic transformation, with a surge in the services sector driving growth. A recent report ...

The report presents a granular, bottom-up analysis of 250 rural districts across eight major states, which together account ...

The statistics ministry said there is an “urgent need” to conduct a dedicated income distribution survey to understand the ...

National Assembly deputies have proposed reviewing personal income tax (PIT), suggesting an increase in the family deduction threshold. However, no significant reforms have been initiated by the ...

Dr Akinwunmi Adesina, the outgoing president of the African Development Bank, AfDB, stirred the hornet’s nest when he said Nigeria’s GDP per capita was $1,847 in 1960 but $824 in 2025, implying that ...

The Philippines’ elevation to upper-middle income economy (UMIC) status might take longer than expected as global ...

Nigeria has been ranked the 12th poorest country in the world by gross domestic product (GDP) per capita in 2025.