India's economy to hold top spot for GDP, employment situation will improve slightly
• 2 years agoThe world's most populous country aspires to leapfrog to the status of a developed nation but reaching this milestone hinges on implementing key reforms in education, infrastructure, healthcare and technology.
India's GDP growth exceeds expectations, but key to 'Amrit Kaal' lies in manufacturing
Vimalharsh • 2 years agoThe coming 24-25 years will be crucial to India in determining its stakes as a global political and economic power. The fifth-largest economy now needs to gear up to its highest potential, with the manufacturing sector being given a fair chance to show its charisma
Indian GDP at 6.1% in Q4: Chief Economic Advisor Nageswaran optimistic about growth
Ayndrila Banerjee • 2 years agoThe chief economic advisor also said that he is confident about India's domestic inflation trajectory, saying that there is a very high chance that headline retail inflation will come close to the RBI's medium-term target of 4 percent in 2023-24
Know how India remains the fastest growing economy in world with GDP at 6.1% in Q4 FY23
Ayndrila Banerjee • 2 years agoAccording to the data released on Wednesday, India saw a growth of 6.1 per cent between January and March (Q4) while Indonesia, the second to follow, grew 4.8 per cent. Countries like China, Mexico, US and Japan grew by 4.5 per cent, 3.8 per cent, 1.6 per cent and 1.3 per cent respectively
'GDP growth exemplifies tenacity of people amid global challenges': PM Modi lauds India's outstanding economic progress
Fp Staff • 2 years agoAccording to data released by the National Statistical Office, India’s economy will see an overall growth of 7.2 per cent in FY23. The country has witnessed steady growth among some of the fastest-growing economies including China and the US
World Bank slashes India's GDP to 6.3%
• 2 years ago"The main reason for the downgrade of the forecast is weak consumption, and also tightening of fiscal policies, and especially tightening of the current expenditure by the government," said Hans Timmer, World Bank Chief Economist for South Asia
IMF projects 6.8% growth in current fiscal for India, says country navigating 'very difficult' external environment
• 2 years agoChoueiri Nada, the IMF's India Mission Chief, in her virtual interaction with reporters reiterated that India continues to be the bright spot in an otherwise gloomy global economic scenario
India's GDP growth slips to 6.3% in July-September quarter
• 2 years agoManufacturing activity expansion continues in the December quarter (Q3) of FY23 while services activity expansion continues in Q3 of FY23, the CEA, adding that in an uncertain external environment, domestic demand is expected to drive GDP growth
IMF cuts India's economic growth forecast to 6.8% in 2022
• 2 years agoThe IMF had in July projected a gross domestic product growth of 7.4 per cent for India in the fiscal year that started in April 2022. Even that forecast was lower than 8.2 per cent projected in January this year
India@75: IT sector’s historic rise since Independence to become a global powerhouse
Vasudevan Swaminathan • 2 years agoConsidering its fast growth pace, India is at the centre of global IT attraction with players betting big on the future of IT in India