The Union government has outlined strategies to tackle rural unemployment and boost job growth in non-metro cities. The rise of satellite cities like Sri City, Shendra-Bidkin, and Greater Noida is seen as a solution to urban congestion, offering new industrial and residential hubs. Experts emphasize smart planning to ensure these emerging cities foster sustainable growth and balanced regional development.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend