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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
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Global Warming Will Make The Average Person 40% Poorer, Study Warns
A new study reveals global heating's economic impact will be far worse than previously expected, predicting a 40% wealth reduction with 4 degree Celsius warming and a 16% reduction in global GDP at 2 degree Celsius.
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4 Degree Celsius Rise In Temperature May Cut Global GDP By 40%: Study
A team of Australian researchers on Tuesday said that 4-degree Celsius rise in global temperatures would cut world GDP by around 40 per cent by 2100 - a sharp increase from previous estimates of around 11 per cent.
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At $4.3 Trillion, India's GDP Doubles In 10 Years, Outpaces World With 105% Rise
India has been the fastest growing major economy in the world for the last ten years, with the latest data from the International Monetary Fund or IMF showing a staggering 105 per cent growth in the last decade.
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Chandrababu Naidu Highlights India's Growing Status As Global Economic Powerhouse
Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday highlighted India's evolution as a global economic powerhouse that is expected to contribute the highest incremental global GDP in the world by 2027.
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India's FDI Hits $1,000 Billion Since Turn Of Century. Biggest Investor Is...
This week India crossed a major milestone as a top global investment destination. Latest data reveals that Foreign Direct Investment into India crossed a thousand-billion-dollar mark since the turn of the century.
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IISc Launches Pravriddhi Product Accelerator Programme to Develop Innovative Solutions
The Indian Institute of Science (IISc) has launched Pravriddhi, a national product accelerator, to enhance India’s manufacturing capabilities. By promoting collaboration among academic institutions, enterprises, and research labs, the programme aims to tackle challenges in the sector, reduce dependency on imports, and position India as a global m...
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Indian Economy In "Sweet Spot", Says Moody's, Forecasts 7.2% Growth In 2024
Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.
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Rising Seas To Cost Pacific Island Nations $10 Billion - Their 20-Year GDP
Adapting to a sea level rise of up to 0.5 metres (1.64 feet) will cost the three most vulnerable Pacific atoll nations nearly $10 billion - equivalent to about 20 years of gross domestic product - the World Bank said in a report on Thursday.
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Time Ripe To Join India's Growth Story: PM Modi To German Business Delegation
Prime Minister Narendra Modi today said this is the right time to join India's growth story, as German Chancellor Olaf Scholz met the Prime Minister in the national capital with a business delegation.
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India Invests Up To 4.6% Of GDP In Education From 2015 To 2024: UNESCO
Recent reports from the UNESCO Institute for Statistics on global education funding indicate that India's government spending on education ranged from 13.5% to 17.2% of its total public expenditure during the same timeframe.
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World Excited About India's Growth, Investment: PM Modi At NDTV World Summit
PM Modi today spoke about why the 21st Century is 'The India Century' and how the country is growing rapidly and how investors from around the world are excited about India being the fastest growing major economy.
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Global Public Debt To Hit Record $100 Trillion: International Monetary Fund
Global public debt is expected to reach a record $100 trillion this year, the IMF said, warning that the fiscal outlook for many countries may even be "worse than expected."
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World Bank Upgrades India's FY25 Growth, Predicts Over 6% For Next 3 Years
The World Bank has upgraded India's growth forecast for FY25 to seven per cent from 6.6 per cent, the global financial body said in an India-focused report released Tuesday.
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How India's $13 Billion Investment In Space Boosted Its GDP, Reveals Report
India has invested nearly USD 13 billion in the space sector over the past decade which has contributed USD 60 billion to the GDP through direct, indirect and induced benefits, a report by global consulting firm Novaspace said on Friday.
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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
-
Global Warming Will Make The Average Person 40% Poorer, Study Warns
A new study reveals global heating's economic impact will be far worse than previously expected, predicting a 40% wealth reduction with 4 degree Celsius warming and a 16% reduction in global GDP at 2 degree Celsius.
-
4 Degree Celsius Rise In Temperature May Cut Global GDP By 40%: Study
A team of Australian researchers on Tuesday said that 4-degree Celsius rise in global temperatures would cut world GDP by around 40 per cent by 2100 - a sharp increase from previous estimates of around 11 per cent.
-
At $4.3 Trillion, India's GDP Doubles In 10 Years, Outpaces World With 105% Rise
India has been the fastest growing major economy in the world for the last ten years, with the latest data from the International Monetary Fund or IMF showing a staggering 105 per cent growth in the last decade.
-
Chandrababu Naidu Highlights India's Growing Status As Global Economic Powerhouse
Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday highlighted India's evolution as a global economic powerhouse that is expected to contribute the highest incremental global GDP in the world by 2027.
-
India's FDI Hits $1,000 Billion Since Turn Of Century. Biggest Investor Is...
This week India crossed a major milestone as a top global investment destination. Latest data reveals that Foreign Direct Investment into India crossed a thousand-billion-dollar mark since the turn of the century.
-
IISc Launches Pravriddhi Product Accelerator Programme to Develop Innovative Solutions
The Indian Institute of Science (IISc) has launched Pravriddhi, a national product accelerator, to enhance India’s manufacturing capabilities. By promoting collaboration among academic institutions, enterprises, and research labs, the programme aims to tackle challenges in the sector, reduce dependency on imports, and position India as a global m...
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Indian Economy In "Sweet Spot", Says Moody's, Forecasts 7.2% Growth In 2024
Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.
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Rising Seas To Cost Pacific Island Nations $10 Billion - Their 20-Year GDP
Adapting to a sea level rise of up to 0.5 metres (1.64 feet) will cost the three most vulnerable Pacific atoll nations nearly $10 billion - equivalent to about 20 years of gross domestic product - the World Bank said in a report on Thursday.
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Time Ripe To Join India's Growth Story: PM Modi To German Business Delegation
Prime Minister Narendra Modi today said this is the right time to join India's growth story, as German Chancellor Olaf Scholz met the Prime Minister in the national capital with a business delegation.
-
India Invests Up To 4.6% Of GDP In Education From 2015 To 2024: UNESCO
Recent reports from the UNESCO Institute for Statistics on global education funding indicate that India's government spending on education ranged from 13.5% to 17.2% of its total public expenditure during the same timeframe.
-
World Excited About India's Growth, Investment: PM Modi At NDTV World Summit
PM Modi today spoke about why the 21st Century is 'The India Century' and how the country is growing rapidly and how investors from around the world are excited about India being the fastest growing major economy.
-
Global Public Debt To Hit Record $100 Trillion: International Monetary Fund
Global public debt is expected to reach a record $100 trillion this year, the IMF said, warning that the fiscal outlook for many countries may even be "worse than expected."
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World Bank Upgrades India's FY25 Growth, Predicts Over 6% For Next 3 Years
The World Bank has upgraded India's growth forecast for FY25 to seven per cent from 6.6 per cent, the global financial body said in an India-focused report released Tuesday.
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How India's $13 Billion Investment In Space Boosted Its GDP, Reveals Report
India has invested nearly USD 13 billion in the space sector over the past decade which has contributed USD 60 billion to the GDP through direct, indirect and induced benefits, a report by global consulting firm Novaspace said on Friday.
