Economy
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India set to become third-large economy by 2030, says S&P
Business | Dec 05, 2023, 11:40 AM ISTS&P forecasted that India will achieve 7 per cent GDP growth in 2026-27 fiscal and the growth rate will propel the county to become the third-largest economy. India currently is the fifth largest economy in the world behind the US, China, Germany and Japan.
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India to surpass Japan to become second largest economy in Asia by 2030, says S&P Global
Business | Oct 24, 2023, 08:34 PM ISTIndian economy: The digital transformation of India that is currently underway is expected to accelerate the growth of e-commerce, changing the retail consumer market landscape over the next decade.
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Gujarat to emerge as USD 1 trillion economy by 2030: CM Bhupendra Patel
Gujarat | Oct 05, 2023, 06:36 PM ISTGujarat news: Subhrakant Panda said that FICCI was working closely with the Gujarat government across a range of sectors including startups, energy, defence, education and skill development, and tourism.
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PM Modi's swipe at Telangana CM over corruption: 'KCR wanted to join NDA, but we didn't allow'
Hyderabad | Oct 03, 2023, 05:47 PM ISTOne of the major projects of the visit will be the inauguration of the first 800 MW unit of phase 1 of the Telangana Super Thermal Power Project by the National Thermal Power Corporation (NTPC).
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Rajasthan targets Rs 30 lakh crore economy size by 2030: Ashok Gehlot
Business | Sep 27, 2023, 11:16 PM ISTThe result is that with 11.04 per cent GDP growth rate, Rajasthan ranks first in North India and second in the country. Now Rajasthan Mission-2030 has been started to increase the pace of progress 10 times.
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As govt stresses on enhancing farmers' income, agritech startup signs strategic pact
Business | Sep 21, 2023, 11:39 PM ISTThe government's push for developing innovative solutions has also seen several agritech startups take shape and play their part.
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In boost to Make in India, multibagger capital goods stock completes key import transaction
Business | Sep 07, 2023, 11:51 PM ISTAccording to the Confederation of Indian Industry, the capital goods sector is the base of many industries and thus is an essential component of manufacturing. It contributes around 12 per cent of the total manufacturing output and more than 1.5 per cent to GDP.
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Chinese economy in distress, Xi Jinping's growth model old, broken: Report
World | Aug 21, 2023, 12:55 PM ISTSenior officials in China have recognised that the growth model of past decades has reached its limits. China's successful growth model for 40 years now stands "broken", according to a report.
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Independence Day 2023: 'India will be among top 3 economies in 5 years', says PM Modi from Red Fort
India | Aug 15, 2023, 11:00 AM ISTPM Modi in Independence Day address said that India will not be developed if even one part is lagging behind.
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India's start-up economy: How employer branding, hybrid work model impetus can help thrive in funds
Business | Aug 12, 2023, 07:37 AM ISTEmployer branding can make or break a startup. While established businesses have years of reputation to bank on, startups are blank slates.
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China's economy slips into deflation as consumer prices decline in post-COVID recovery period
World | Aug 10, 2023, 06:13 AM ISTChina is also battling increasing government debt and housing market challenges, along with a record-high unemployment rate of over 21% among Chinese youth
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Passive funds gain traction among investors in India, market share witnesses growth: Study
Business | Aug 08, 2023, 08:04 PM ISTA passive fund is an investment instrument that simulates the performance of a market index or a specific market segment.
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Morgan Stanley upgrades India's rating to overweight, downgrades China
Business | Aug 03, 2023, 03:55 PM ISTMorgan Stanley expects India's economy to perform better in the future. Stanley believes that India is about to embark on a long bull run, while China is fast approaching the end.
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Fitch downgrades US credit rating: What are these ratings? How do they impact economy?
Business | Aug 03, 2023, 01:41 PM ISTThe ratings of Fitch, one of the three credit rating agencies along with Moody's and Standard & Poor's, impacts the economy of a nation as investors and top companies take them as one of the major factors in taking investment-related decision.
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Rama Steel inks pacts with JSW Steel as rise in economic activities spur India's steel demand
Business | Jul 19, 2023, 08:20 AM ISTAs per BSE data, Rama Steel has inked a pact with India's one of largest steel manufacturer JSW Steel for procuring hot rolled coils which is used in manufacturing of steel tubes and pipes.
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China's economy experiences lower growth than expected at 6.3 pc due to weaker consumer demand
World | Jul 17, 2023, 11:01 AM ISTChina is expected to slow further in coming months given slack consumer demand in China and weaker demand for Chinese exports in other economies as their post-pandemic recoveries lose momentum.
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Indian economy, domestic financial system remain resilient despite global headwinds: RBI Governor
Business | Jun 28, 2023, 07:39 PM ISTIn this delicate worldwide milieu, Shaktikanta Das said, adjusting the arrangement compromises, safeguarding macroeconomic and monetary steadiness, supporting certainty and supporting manageable development are first concerns for policymakers the world over.
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Rs 2,000 note withdrawal can boost GDP growth: Report
Business | Jun 19, 2023, 07:14 PM ISTThe real GDP growth for the first quarter of FY24 will come at 8.1 per cent with an upward bias and the Reserve Bank of India's 6.5 per cent estimate can also be exceeded, economists at the country's largest lender SBI said.
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'GDP growth rate for 2023 to be 7% or more': RBI Governor Shaktikanta Das on inflation
Business | May 24, 2023, 02:51 PM ISTShaktikanta Das stated that the retail inflation data for this month, which are scheduled to be released on June 12, "could possibly be lower."
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Pakistan heading towards imminent disaster, may disintegrate, warns Imran Khan
World | May 18, 2023, 05:38 PM ISTI am seeing a frightening dream that the country is heading towards an imminent disaster, Imran Khan claimed.