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India May Become 3rd-Largest Economy By 2030: Finance Commission Chief Arvind Panagariya
India looks poised to surpass the position of the third-largest economy by 2030, Arvind Panagariya, the chairman of the 16th Finance Commission of India, has said, adding the country's GDP is expected to reach around $6.5 to 9 trillion.
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Inflation To Ease In Second Half Of 2024-25, GDP To Grow At 6.8%: Report
India's industrial activity is expected to accelerate in the second half of the current financial year on the back of recovering consumption demand and higher export growth while inflation is likely to ease, according to a CRISIL report.
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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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RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India's real GDP growth forecast at 7.2 per cent for the current financial year.
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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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Factors That Point To Strong GDP Growth In Coming Quarters: 10 Points
India's real gross domestic product growth rate is at a strong 6.7 per cent despite a high base effect of the last few years, according to officials. Manufacturing grew 7 per cent as against 5 per cent last year; construction saw 8.6 per cent growth.
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Moody's Raises India's GDP Growth Forecast To 7.2% For 2024
New York-based Moody's Ratings on Thursday raised its forecast for India's GDP growth for 2024 to 7.2 per cent from 6.8 per cent as projected earlier on the back of stronger private consumption driving up aggregate demand in the economy.
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India's Space Sector Adds $60 Billion To GDP, 4.7 Million Jobs In 10 Years: Report
The Indian space sector has in the last 10 years contributed $60 billion to GDP, as well as generated 4.7 million jobs in the country, according to a report.
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Opinion | Missed Opportunities: How India Lost $11 Trillion Between 1971 And 1991
In total, the loss to the Indian economy between 1971 and 1991 works out to a mind-boggling $11.246 trillion. That amounts to Rs 942 lakh crore.
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Fiscal Deficit Estimated At 4.9% Of GDP: Nirmala Sitharaman In Budget Speech
Presenting the Union Budget for 2024-25, Finance Minister Nirmala Sitharaman on Tuesday announced that the fiscal deficit for the year is estimated at 4.9 per cent of GDP.
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Budget 2024: President Murmu's Customary Dahi-Cheeni For Finance Minister Nirmala Sitharaman
Budget 2024: This year's Budget is the seventh consecutive Budget for Finance Minister Sitharaman and the Modi government's 13th straight Budget since 2014.
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"Budget 2024 Based On PM Modi's Mantra Sabka Saath Sabka Vikas": Pankaj Chaudhary
Budget 2024: This budget, marking Sitharaman's seventh consecutive presentation and surpassing Morarji Desai's record, will include proposed changes in income tax and measures to enhance business ease.
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IMF Raises India's GDP Growth Forecast To 7% For 2024-25
The International Monetary Fund on Tuesday raised India's growth forecast for 2024-25 to 7% from 6.8% on the back of improving private consumption, particularly in rural India.
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India's Current Account Turns Surplus After Deficit In Last Quarter: Report
India has recorded an improvement in its current account, achieving a surplus of $5.7 billion, which equates to 0.6 per cent of its gross domestic product (GDP) in the fourth quarter of fiscal year 2024, according to a recent report by CRISIL.
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India May Become 3rd-Largest Economy By 2030: Finance Commission Chief Arvind Panagariya
India looks poised to surpass the position of the third-largest economy by 2030, Arvind Panagariya, the chairman of the 16th Finance Commission of India, has said, adding the country's GDP is expected to reach around $6.5 to 9 trillion.
-
Inflation To Ease In Second Half Of 2024-25, GDP To Grow At 6.8%: Report
India's industrial activity is expected to accelerate in the second half of the current financial year on the back of recovering consumption demand and higher export growth while inflation is likely to ease, according to a CRISIL report.
-
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.
-
RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India's real GDP growth forecast at 7.2 per cent for the current financial year.
-
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.
-
Factors That Point To Strong GDP Growth In Coming Quarters: 10 Points
India's real gross domestic product growth rate is at a strong 6.7 per cent despite a high base effect of the last few years, according to officials. Manufacturing grew 7 per cent as against 5 per cent last year; construction saw 8.6 per cent growth.
-
Moody's Raises India's GDP Growth Forecast To 7.2% For 2024
New York-based Moody's Ratings on Thursday raised its forecast for India's GDP growth for 2024 to 7.2 per cent from 6.8 per cent as projected earlier on the back of stronger private consumption driving up aggregate demand in the economy.
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India's Space Sector Adds $60 Billion To GDP, 4.7 Million Jobs In 10 Years: Report
The Indian space sector has in the last 10 years contributed $60 billion to GDP, as well as generated 4.7 million jobs in the country, according to a report.
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Opinion | Missed Opportunities: How India Lost $11 Trillion Between 1971 And 1991
In total, the loss to the Indian economy between 1971 and 1991 works out to a mind-boggling $11.246 trillion. That amounts to Rs 942 lakh crore.
-
Fiscal Deficit Estimated At 4.9% Of GDP: Nirmala Sitharaman In Budget Speech
Presenting the Union Budget for 2024-25, Finance Minister Nirmala Sitharaman on Tuesday announced that the fiscal deficit for the year is estimated at 4.9 per cent of GDP.
-
Budget 2024: President Murmu's Customary Dahi-Cheeni For Finance Minister Nirmala Sitharaman
Budget 2024: This year's Budget is the seventh consecutive Budget for Finance Minister Sitharaman and the Modi government's 13th straight Budget since 2014.
-
"Budget 2024 Based On PM Modi's Mantra Sabka Saath Sabka Vikas": Pankaj Chaudhary
Budget 2024: This budget, marking Sitharaman's seventh consecutive presentation and surpassing Morarji Desai's record, will include proposed changes in income tax and measures to enhance business ease.
-
IMF Raises India's GDP Growth Forecast To 7% For 2024-25
The International Monetary Fund on Tuesday raised India's growth forecast for 2024-25 to 7% from 6.8% on the back of improving private consumption, particularly in rural India.
-
India's Current Account Turns Surplus After Deficit In Last Quarter: Report
India has recorded an improvement in its current account, achieving a surplus of $5.7 billion, which equates to 0.6 per cent of its gross domestic product (GDP) in the fourth quarter of fiscal year 2024, according to a recent report by CRISIL.
