Economy
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PM Gati Shakti helps India register growth of Rs 2 lakh crore in goods export in FY23: Sonowal
Business | Apr 29, 2023, 09:50 PM ISTIndia has become a USD 3.5 trillion economy in less than nine years.
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India, China to account for half of global economic growth in 2023: IMF chief
Business | Apr 07, 2023, 08:52 AM ISTInternational Monetary Fund (IMF) managing director Kristalina Georgieva further warned of a similar economic situation this year just like last year wherein a sharp slowdown in the world economy took place following the raging pandemic and Russia's military invasion of Ukraine.
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How China and India are competing in the $447 billion space industry
Business | Apr 05, 2023, 03:14 PM ISTThe central government relaxed limitations for private sector satellite and rocket businesses in 2020, allowing them to conduct autonomous space activities rather than being sole suppliers to ISRO.
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India is dangerously close to 'Hindu rate of growth', says Raghuram Rajan - What does it mean
Business | Mar 06, 2023, 04:17 PM ISTRaghuram Rajan said he's worried that earlier we would be lucky if we hit 5 per cent growth. The latest October-December Indian GDP numbers (4.4 per cent on year ago and 1 per cent relative to the previous quarter) suggest slowing growth from the heady numbers in the first half of the year.
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Indian economic indicators show signs of re-acceleration, says report
Business | Feb 28, 2023, 02:45 PM ISTAfter getting slowed down in a fairly broad-based manner post the festive season in October which raised investors concern, the Indian economic indicators have once again started showing signs of re-acceleration in early 2023, a report said.
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Will look at local public sentiment before taking call on helping Pakistan: Jaishankar
India | Feb 24, 2023, 06:25 AM ISTSpeaking on Pakistan's current situation as it battles serious economy collapse and is awaiting IMF bailout for the 9th time, EAM Jaishankar said that no country is going to come out of difficult situation and become prosperous power if its basic industry is terrorism.
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India expects to cross 7 per cent 'economic growth' in next five years: EAM Dr S Jaishankar | WATCH
World | Feb 18, 2023, 07:46 AM ISTEAM S Jaishankar at Raisina@Sydney: "And you can today see the same reflected in the investment climate, both in the flow of FDI, FII as well as in the investments which the government itself is leading the capital outlay in this year's budget," Jaishankar added.
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China's economy grew 3% last year, not even half 2021's rate
World | Jan 17, 2023, 08:27 AM ISTGrowth of the world's second-largest economy slid to 2.9 per cent over a year earlier in December from the previous month's 3.9 per cent, government data showed Tuesday.
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WEF Davos 2023: Dates, agenda, importance - all you need to know
Business | Jan 16, 2023, 11:53 AM ISTThe World Economic Forum (WEF) is set to take place in Davos, Switzerland from January 16 to 20, 2023. As one of the most highly-anticipated events in the global economic calendar, the WEF brings together some of the world's most powerful leaders to discuss the most pressing issues.
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Budget 2023: 10 interesting facts about Indian Union Budget
Budget | Jan 23, 2023, 12:50 PM ISTBudget 2023: The Union Budget is an annual event where the government presents its financial plans for the upcoming fiscal year watched by economists, businesses and the general public.
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India expected to become USD 7 trillion economy in seven years: Chief Economic Advisor
Business | Jan 10, 2023, 09:40 AM ISTChief Economic Advisor V Anantha Nageswaran's projection exceeds Modi government's expectation of becoming a USD 5 trillion economy by 2025.
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What is driving economic deterioration, hitting a new low in Syria? EXPLAINER
World | Jan 05, 2023, 01:11 PM ISTThe Syrian pound hit an all-time low of 7,000 pounds to the dollar on the black market last week before rebounding to around 6,000. It's still a significant plunge, given the rate was around 3,600 one year ago.
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2023 will be 'tougher' than last year as world economy to slow down, warns IMF chief
Business | Jan 02, 2023, 05:45 PM ISTKristalina Georgieva, the chief of the International Monetary Fund (IMF) made these grim assertions on Sunday during a CBS news programme "Face the Nation."
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Govt hikes interest rates on small deposits, NSC, post office deposits from Jan 1; no change in PPF
Business | Dec 30, 2022, 06:48 PM ISTInterest rates hike: According to reports, the interest rates have also been raised on post office term deposits, National Saving Certificate (NSC) and senior citizen savings schemes.
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China economy again on bumpy road as Covid infection surge detracts recovery
Business | Dec 30, 2022, 01:34 PM ISTChina is on a bumpy road back to normal life as people return to schools, shopping malls and restaurants following the abrupt end of some of the world's most severe restrictions even as hospitals are swamped with feverish, wheezing COVID-19 patients.
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Indian economy presents a picture of resilience amid global shocks: RBI Governor
Business | Dec 29, 2022, 06:31 PM ISTAmid global shocks and challenges, the Indian economy presents a picture of resilience and the regulators are ready to take appropriate actions to preserve financial stability, RBI Governor Shaktikanta Das said.
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COVID Outbreak Has Affected the Economy In China, World is keen to know the Recovery Plan
News | Dec 23, 2022, 07:59 PM ISTChina is battling one of the most contagious Covid waves so far, reporting nearly 1 million fresh cases daily and around 5000 deaths every 24 hours. The Chinese economy is being affected by the pandemic, the world is keen to know the recovery plan Jinping to balance the declining economy.
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Who is 'Pappu' now? TMC MP Mahua Moitra lambasts Centre in Lok Sabha over fall in industrial output
India | Dec 14, 2022, 08:10 AM ISTLok Sabha witnessed a dramatic speech by TMC MP Mahua Moitra as her entire statement was around -Who is 'Pappu' now?- phrase she used to attack the government.
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Side effects of pandemic, biggest global crisis in 100 years, can't go away in 100 days: PM Modi
India | Oct 22, 2022, 02:06 PM ISTPM Modi on Global Crisis: Highlighting the reforms undertaken by the Centre for the development of the country, Prime Minister Narendra Modi on Saturday said that India is trying its best to save itself from the global crisis and economic slowdown.
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Nobel Prize 2022: 3 US-based economists awarded for research on banks and financial crises
World | Oct 10, 2022, 04:57 PM ISTNobel Prize 2022: Frenchman Alain Aspect, American John F. Clauser and Austrian Anton Zeilinger had shown that tiny particles can retain a connection with each other even when separated, a phenomenon known as quantum entanglement, that can be used for specialized computing and to encrypt informatio