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India Can Become World's 2nd-Largest Economy By 2031: RBI Deputy Governor
India can become the second largest economy by 2031 and largest economy in the world by 2060, said Michael Debabrata Patra, Deputy Governor, RBI during a program at the Lal Bahadur Shastri National Academy of Administration, Mussoorie.
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This State Emerges As Second-Largest Economy In Terms Of GDP Share
In a major accomplishment for the government led by Chief Minister Yogi Adityanath, Uttar Pradesh has emerged as the second-largest economy of India.
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Nvidia, AMD, Other US Chipmakers See Share Prices Fall as US Plans Curbs on Export to China
Shares of US chipmakers fell on Wednesday following a report that the Biden administration was planning new curbs on export of computing chips for artificial intelligence to China as early as July. Companies such as Nvidia, Advanced Micro Devices and Intel, which rely on the world's second largest economy for at least a fifth of their revenue, fell...
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Why China Is Drilling A 32,808-Feet-Deep Hole Into The Earth's Crust
Chinese scientists have begun drilling a 10,000-meter (32,808 feet) hole into the Earth's crust, as the world's second largest economy explores new frontiers above and below the planet's surface.
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China Rejoices As Government Eases Covid Curbs After Weeks Of Protests
China announced on Wednesday the most sweeping changes to its tough anti-COVID regime since the pandemic began three years ago, loosening rules that curbed the spread of the virus but had hobbled the world's second largest economy and sparked protest
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Gautam Adani's Big Prediction - India World's 2nd Largest Economy By 2050
Asia's richest man Gautam Adani today said India, which took 58 years to become a trillion dollar economy, will add an equivalent sum to GDP every 12-18 months and will be the world's second largest economy by 2050.
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Got 1 Crore? This Country Will Give You A "Second Home" Visa For 10 Years
Indonesia has entered the race to attract wealthy global citizens for long-term stays, seeking to bolster Southeast Asia's largest economy with a focus on its trump card: Bali.
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Northeast's Financial Discipline Vital For Indian Economy Growth: Amit Shah
Financial discipline of Northeastern states is essential to make the Indian economy the second largest in the world, Union Home Minister Amit Shah said on Sunday.
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Stocks Struggle To Advance As Surprise China Rate Cut Sends Oil Tumbling
Global shares struggled to advance on Monday while investors digested news of an unexpected cut in Chinese interest rates as data pointed to faltering growth in the world's second largest economy, sending oil prices nearly 2 per cent lower.
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IMF Downgrades India's Growth Projection To 9.5% From 12.5% For 2021-22
The International Monetary Fund (IMF) lowered India's growth projection from 12.5 per cent to 9.5 per cent for fiscal 2021-22 - down by three percentage points, following the severe second wave of COVID-19 pandemic in the country. For the current fiscal year, India witnessed the largest drop in growth projections made by IMF, even as the global eco...
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Petrol, Diesel Prices Hiked To Record Highs Across Metro Cities
Petrol and diesel prices continue to surge across the country after their prices were raised for second consecutive day by the country's largest fuel retailer Indian Oil.
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Bundesbank Expects Chip Bottlenecks In German Industry To Worsen In Q2: Report
The chip supply bottlenecks in German industry will likely worsen in the second quarter and lead to an overall weaker recovery of Europe's largest economy this year, the Bundesbank's chief economist told Reuters on Friday.
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China Military Budget To Grow 6.8% In 2021
China's military budget -- the second largest in the world after the US -- is set to increase by 6.8 per cent in 2021, the finance ministry announced Friday.
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China Recovering Fast, Ahead Of Most Big Economies: IMF
China is recovering fast ahead of most large economies, but the recovery is still unbalanced and facing significant downside risks, the IMF has said, projecting an eight per cent growth rate for the world's second largest economy in 2021.
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Foreign Firms Shun Indian Coal Mine Auctions, 40% Of Mines Find No Takers
The world's second largest consumer, importer and producer of coal has offered a range of incentives to attract investment and reduce imports.
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India Can Become World's 2nd-Largest Economy By 2031: RBI Deputy Governor
India can become the second largest economy by 2031 and largest economy in the world by 2060, said Michael Debabrata Patra, Deputy Governor, RBI during a program at the Lal Bahadur Shastri National Academy of Administration, Mussoorie.
-
This State Emerges As Second-Largest Economy In Terms Of GDP Share
In a major accomplishment for the government led by Chief Minister Yogi Adityanath, Uttar Pradesh has emerged as the second-largest economy of India.
-
Nvidia, AMD, Other US Chipmakers See Share Prices Fall as US Plans Curbs on Export to China
Shares of US chipmakers fell on Wednesday following a report that the Biden administration was planning new curbs on export of computing chips for artificial intelligence to China as early as July. Companies such as Nvidia, Advanced Micro Devices and Intel, which rely on the world's second largest economy for at least a fifth of their revenue, fell...
-
Why China Is Drilling A 32,808-Feet-Deep Hole Into The Earth's Crust
Chinese scientists have begun drilling a 10,000-meter (32,808 feet) hole into the Earth's crust, as the world's second largest economy explores new frontiers above and below the planet's surface.
-
China Rejoices As Government Eases Covid Curbs After Weeks Of Protests
China announced on Wednesday the most sweeping changes to its tough anti-COVID regime since the pandemic began three years ago, loosening rules that curbed the spread of the virus but had hobbled the world's second largest economy and sparked protest
-
Gautam Adani's Big Prediction - India World's 2nd Largest Economy By 2050
Asia's richest man Gautam Adani today said India, which took 58 years to become a trillion dollar economy, will add an equivalent sum to GDP every 12-18 months and will be the world's second largest economy by 2050.
-
Got 1 Crore? This Country Will Give You A "Second Home" Visa For 10 Years
Indonesia has entered the race to attract wealthy global citizens for long-term stays, seeking to bolster Southeast Asia's largest economy with a focus on its trump card: Bali.
-
Northeast's Financial Discipline Vital For Indian Economy Growth: Amit Shah
Financial discipline of Northeastern states is essential to make the Indian economy the second largest in the world, Union Home Minister Amit Shah said on Sunday.
-
Stocks Struggle To Advance As Surprise China Rate Cut Sends Oil Tumbling
Global shares struggled to advance on Monday while investors digested news of an unexpected cut in Chinese interest rates as data pointed to faltering growth in the world's second largest economy, sending oil prices nearly 2 per cent lower.
-
IMF Downgrades India's Growth Projection To 9.5% From 12.5% For 2021-22
The International Monetary Fund (IMF) lowered India's growth projection from 12.5 per cent to 9.5 per cent for fiscal 2021-22 - down by three percentage points, following the severe second wave of COVID-19 pandemic in the country. For the current fiscal year, India witnessed the largest drop in growth projections made by IMF, even as the global eco...
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Petrol, Diesel Prices Hiked To Record Highs Across Metro Cities
Petrol and diesel prices continue to surge across the country after their prices were raised for second consecutive day by the country's largest fuel retailer Indian Oil.
-
Bundesbank Expects Chip Bottlenecks In German Industry To Worsen In Q2: Report
The chip supply bottlenecks in German industry will likely worsen in the second quarter and lead to an overall weaker recovery of Europe's largest economy this year, the Bundesbank's chief economist told Reuters on Friday.
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China Military Budget To Grow 6.8% In 2021
China's military budget -- the second largest in the world after the US -- is set to increase by 6.8 per cent in 2021, the finance ministry announced Friday.
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China Recovering Fast, Ahead Of Most Big Economies: IMF
China is recovering fast ahead of most large economies, but the recovery is still unbalanced and facing significant downside risks, the IMF has said, projecting an eight per cent growth rate for the world's second largest economy in 2021.
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Foreign Firms Shun Indian Coal Mine Auctions, 40% Of Mines Find No Takers
The world's second largest consumer, importer and producer of coal has offered a range of incentives to attract investment and reduce imports.
