Chennai, March 16 (IANS) Terming the global environment as gloomier, credit rating agency CRISIL Ltd on Thursday forecast India’s gross domestic product (GDP) growth at 6 per cent for FY24 down from 7 per cent estimated by the National Statistical Organisation
New Delhi, March 15 (IANS) The government has realised disinvestment receipts of Rs 31,107 crore as on January 31, which is around 62 per cent of the Revised Estimate (RE) for the FY 2022-23 that was kept at Rs 50,000 crore,
New Delhi, March 14 (IANS) Commerce Minister Piyush Goyal has said that India’s goods and services exports are set to cross $750 billion mark in the current fiscal. He also added that talks with some countries to expand rupee trade are
Guwahati, March 14 (IANS) The first senior officials’ meeting of the Supreme Audit Institutions (SAI)-20 Engagement Group under India’s G20 Presidency began here on Monday, with Girish Chandra Murmu, the Comptroller and Auditor General (CAG) of India, as the Chair of
Chennai, March 13 (IANS) Credit rating agency Acuite Ratings & Research on Monday reiterated its forecast of Indian gross domestic product (GDP) growth at 7 per cent for FY23. In a report, Acuite said it is maintaining India’s GDP growth at
Chennai, March 1 (IANS) Global credit rating agency Moody’s Investors Service on Wednesday raised India’s economic growth projections as well as several economies like the US, Russia, Euro area, China and others. In all cases, strong data in the second half
New Delhi, Feb 28 (IANS) Prime Minister Narendra Modi on Tuesday said that people see the government as a catalyst for new opportunities and not as an obstacle. Modi made the remark while addressing a post-budget webinar on ‘Ease of Living
Pune, Feb 25 (IANS) Predicting that India would be the third largest global economy within four-five years, Union Commerce Minister Piyush Goyal on Saturday said the rate at which the country’s economy is growing, it could touch $35-40 trillion by 2047
Kolkata, Feb 24 (IANS) India will become the third largest economy in the world in the next few years, Defence Minister Rajnath Singh claimed on Friday. “The day is not far when our country will emerge as the third largest economy
New Delhi, Feb 22 (IANS) Though global growth outlook has improved in recent months, it is expected to decelerate during 2023, said the RBI’s rate setting monetary policy committee (MPC), which, in its meeting on February 8, had raised the repo
New Delhi, Feb 21 (IANS) Amid the growing data localisation demand in India, the country is likely to witness 4,900-5,000 MW of capacity with an investment of Rs 1.5 lakh crore in the next six years, a report showed on Tuesday.
New Delhi, Jan 27 (IANS) India is slowly emerging as an economic and military power whose ascension affects everyone, Geopolitical Futures said in a report. It has one of the fastest-growing major economies — certainly among comparably developed and similarly sized
United Nations, Jan 26 (IANS) As the fastest-growing major economy at a clip of 5.8 per cent this year, India is a “bright spot” when the world economy is expected to grow by only 1.9 per cent, according to the UN’s
New Delhi, Jan 23 (IANS) Despite some initial hiccups, the EV penetration in India is slowly but steadily increasing, especially in the e-scooter segment. Now, the four-wheeler manufacturers have also joined the bandwagon, pushing Indias aim to significantly cut the dependency
New Delhi, Jan 21 (IANS) Adani Group Chairman Gautam Adani has said that India is advantageously positioned away from frozen slippery slopes and may be the primary bright spot among several large economies. In his remarks at the WEF event in
New Delhi, Jan 20 (IANS) The government will put in place a less prescriptive and more principle-based and comprehensive legal framework for catalysing India’s Techade and to build a trillion-dollar economy, Minister of State for Electronics and IT, Rajeev Chandrasekhar, said
Chennai, Jan 13 (IANS) About 60 per cent of the business leaders surveyed were of the view that Indian gross domestic product (GDP) will grow at 6.5 per cent during 2023-24, said Deloitte Touche Tohmatsu India LLP (DTTILLP). In a pre-budget
New Delhi, Jan 7 (IANS) The Indian economy is likely to grow at a rate of 7 per cent in the current fiscal, against the 8.7 per cent growth in 2021-22, the National Statistical Office (NSO) said on Friday. The NSO,
Bengaluru, Jan 5 (IANS) As India embarks on its digital journey with full steam, Microsoft wishes to move in and provide every part of its tech stack to the country and its innovators, to help it become the $1 trillion digital
Hyderabad, Jan 5 (IANS) India, in 2047, will have a per capita income of $10,000, in the value of today’s dollars, the average size of the GDP will be approaching close to $20 trillion and hence, will be a “transformed society”,
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