India likely to surpass UK in the world’s largest economy rankings: Report

India is likely to surpass the United Kingdom in the world’s largest economy rankings in 2019, according to a report by global consultancy firm PwC. As per the report, while the UK and France have regularly switched places owing to similar levels of development and roughly equal populations, India’s climb up the rankings is likely to be permanent. PwC’s Global Economy Watch report projects real GDP growth of 1.6 per cent for the UK, 1.7 per cent for France and 7.6 per cent for India in 2019. “India and France…

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New Tax Laws And Rising Prices Likely To Squeeze Out Many New Car Shoppers

Lafayette – Circa April 2018: Local Ford Car and Truck Dealership. Ford sells products under the Lincoln and Motorcraft brands XIIGETTY On a frigid Sunday morning in downtown Detroit, economists from Cox Automotive threw icy cold water on consumers’ hopes of swinging a brand new vehicle this year. But don’t blame the messengers. They were simply reviewing for reporters how the combination of rising new vehicle prices and a change in federal tax withholding laws could simply put factory-fresh cars and trucks out of reach for many consumers, sending them…

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Online degrees soon to be recognised in India, 15% universities likely to set up such courses

India will allow 15 percent of its universities to offer degrees online, excluding engineering and medicine, according to a report in Mint. This will be the first time India will be allowing universities to offer degrees, i.e., undergraduate and postgraduate courses to be taken up online.  The norms of these degrees are in the process of getting formulated by the University Grants Commission (UGC) and is likely to be out within a month. Although online degrees have existed in India, many a time the UGC has termed it to be an invalid…

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