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GDP Estimated To Grow At 6.4% In 2024-25 Compared To 8.2% In 2023-24
The Indian economy is estimated to grow at 6.4 per cent in 2024-25 against 8.2 per cent in the previous fiscal year, the National Statistical Office (NSO) said on Tuesday in its first advance estimates of national accounts.
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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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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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War With Israel Likely To Wipe 9% Off Lebanon's GDP: UN
The war between Israel and armed group Hezbollah is expected to wipe 9% off Lebanon's national wealth as measured by GDP, the United Nations said on Wednesday.
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India Has Become An Alternative Investment Source For West: UN
Indian economy's growth rate projection for this year has been raised by 0.7 per cent to 6.9 per cent from the forecast made in January by the UN and it retains its position as the world's fastest-growing large economy.
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"In 5 Years, We Will...": Congress Chief's Big Promise For 'Make In India'
Mallikarjun Kharge, the president of the Indian National Congress today said that his party resolves to make the country a manufacturing hub by raising the share of manufacturing from 14% to 20% of GDP in the next five years.
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Poorest Countries In The World: South Sudan On Top With $492 GDP Per Capita
South Sudan, gaining independence in 2011, is the youngest nation in the world and the poorest according to this ranking.
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Advance Estimates Peg GDP Growth During 2023-24 At 7.3%
India's economy is expected to grow 7.3 per cent in the current fiscal year ending in March, the highest rate of the major global economies, helped by state spending and a pickup in manufacturing, the National Statistics Office said on Friday.
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Digital Economy to Contribute Over 20 Percent of India's GDP by 2026: IT Minister
Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Thursday forecast that the digital economy will contribute more than 20 percent of the country's GDP in 2026. Addressing the 'G20 Digital Innovation Alliance Summit' here, he said India is a preeminent nation that adopted technology very fast and has started ...
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Groundwork Being Laid To Make India A Developed Nation By 2047: Rajnath Singh
While India is the world's third-largest economy in terms of Purchasing Power Parity, it will, by 2027, become the third-largest economy in terms of nominal GDP as well, he hoped.
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GDP Growth Could Top 7% This Fiscal: Chief Economic Advisor
On Tuesday, the second advance estimate released by the National Statistical Office (NSO) maintained the growth projection of 7 per cent as was projected in the first advance estimate which was released in January.
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Data Revision Of Past 3 Years Behind Decline In Manufacturing In Q3: Chief Economic Advisor
The National Statistical Office (NSO) on Tuesday revised GDP growth data for the past three years -- 2019-20, 2020-21 and 2021-22 and also released the second advance estimates of GDP for 2022-23.
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China's Economic Slowdown Could Have Ripple Effect Across World: Report
According to China's National Bureau of Statistics (NBS), the annual GDP growth of the country fell to 3 per cent, much below the 5.5 per cent official target in 2022 and its economic slowdown has the potential to generate ripple effects.
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India's GDP Projected To "Remain Strong" At 5.8%, Says UN Report
India's GDP is projected to moderate to 5.8 per cent in 2023 as higher interest rates and global economic slowdown weigh on investment and exports, the United Nations said.
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GDP Estimated To Grow At 6.4% In 2024-25 Compared To 8.2% In 2023-24
The Indian economy is estimated to grow at 6.4 per cent in 2024-25 against 8.2 per cent in the previous fiscal year, the National Statistical Office (NSO) said on Tuesday in its first advance estimates of national accounts.
-
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...
-
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.
-
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.
-
War With Israel Likely To Wipe 9% Off Lebanon's GDP: UN
The war between Israel and armed group Hezbollah is expected to wipe 9% off Lebanon's national wealth as measured by GDP, the United Nations said on Wednesday.
-
India Has Become An Alternative Investment Source For West: UN
Indian economy's growth rate projection for this year has been raised by 0.7 per cent to 6.9 per cent from the forecast made in January by the UN and it retains its position as the world's fastest-growing large economy.
-
"In 5 Years, We Will...": Congress Chief's Big Promise For 'Make In India'
Mallikarjun Kharge, the president of the Indian National Congress today said that his party resolves to make the country a manufacturing hub by raising the share of manufacturing from 14% to 20% of GDP in the next five years.
-
Poorest Countries In The World: South Sudan On Top With $492 GDP Per Capita
South Sudan, gaining independence in 2011, is the youngest nation in the world and the poorest according to this ranking.
-
Advance Estimates Peg GDP Growth During 2023-24 At 7.3%
India's economy is expected to grow 7.3 per cent in the current fiscal year ending in March, the highest rate of the major global economies, helped by state spending and a pickup in manufacturing, the National Statistics Office said on Friday.
-
Digital Economy to Contribute Over 20 Percent of India's GDP by 2026: IT Minister
Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Thursday forecast that the digital economy will contribute more than 20 percent of the country's GDP in 2026. Addressing the 'G20 Digital Innovation Alliance Summit' here, he said India is a preeminent nation that adopted technology very fast and has started ...
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Groundwork Being Laid To Make India A Developed Nation By 2047: Rajnath Singh
While India is the world's third-largest economy in terms of Purchasing Power Parity, it will, by 2027, become the third-largest economy in terms of nominal GDP as well, he hoped.
-
GDP Growth Could Top 7% This Fiscal: Chief Economic Advisor
On Tuesday, the second advance estimate released by the National Statistical Office (NSO) maintained the growth projection of 7 per cent as was projected in the first advance estimate which was released in January.
-
Data Revision Of Past 3 Years Behind Decline In Manufacturing In Q3: Chief Economic Advisor
The National Statistical Office (NSO) on Tuesday revised GDP growth data for the past three years -- 2019-20, 2020-21 and 2021-22 and also released the second advance estimates of GDP for 2022-23.
-
China's Economic Slowdown Could Have Ripple Effect Across World: Report
According to China's National Bureau of Statistics (NBS), the annual GDP growth of the country fell to 3 per cent, much below the 5.5 per cent official target in 2022 and its economic slowdown has the potential to generate ripple effects.
-
India's GDP Projected To "Remain Strong" At 5.8%, Says UN Report
India's GDP is projected to moderate to 5.8 per cent in 2023 as higher interest rates and global economic slowdown weigh on investment and exports, the United Nations said.
