India's power sector is set to witness strong capital expenditure (capex) growth over the next five years, with annual investment expected to reach around Rs 5 trillion by FY30, according to a report by UBS Research.
Speaking at the event, "PM Modi has set two targets for India--Viksit Bharat by 2047 and USD 5 trillion economy. These two goals can be achieved by the contribution of the cooperative sector, and that is why he has initiated the Union cooperative ministry."
Revolutionary Socialist Party MP NK Premachandran raises concerns over India's fiscal situation, questions the feasibility of a $5 trillion economy and 7% GDP growth target.
Hyderabad (Telangana) [India], January 31: As India continues its journey towards becoming a $5 trillion economy, Sudha Reddy, Entrepreneur, Director - MEIL, and Women Industry Leader, highlights that the upcoming Union Budget 2024-25 is a crucial opportunity to reinforce growth across indus
Utkal Chamber of Commerce and Industry (UCCI) President, Dr Prabodh Mohanty, on Friday expressed his hope that the upcoming Union Budget 2025-26 will be progressive and target micro, Small and medium enterprises (MSMEs), emphasising the role of the sector to make India become a $ 5 trilli
"Japan remains a key contributor to India's economic development as we strive to realise the target of 5 trillion yen investment by 2027. However, trade figures remain below expectations. In a world under flux, we must deliberate on the urgent need to enhance the quality of our economic c
'IndiaAI' and Meta today announced the establishment of the Center for Generative AI, Shrijan at IIT Jodhpur and the launch of the "YuvAI initiative for Skilling and Capacity Building", in partnership with All India Council for Technical Education (AICTE). This is aimed at propelling the
External Affairs Minister S Jaishankar on Monday highlighted the growing economic ties between India and Japan, highlighting an investment target of Yen 5 trillion, that is USD 42 billion by 2027 in India.
In this meeting, the Prime Minister discussed various efforts to increase the country's economy to USD 5 trillion, increase public participation in development programs, and use various social media platforms to increase the reach of government schemes among the people.
Several opposition-ruled states have announced they will boycott the meeting. Chief Ministers of three Congress-ruled States - Karnataka's Siddaramaiah, Himachal Pradesh's Sukhvinder Singh Sukhu and Telangana's Revanth Reddy have announced they will not attend the meeting over alleged bia
While speaking at the launch function of FICCI's India Chem 2024 on Saturday, Union Minister for Health and Family Welfare and Chemicals & Fertilizers, JP Nadda, reiterated crucial role of the petrochemicals, and chemical sector in achieving the target of 5 trillion economy by 2025.
This fiscal boost comes as India reaches a historic financial milestone. The total market capitalization of all stocks listed on the Bombay Stock Exchange (BSE) briefly surpassed USD 5 trillion for the first time, placing India among global giants such as the US, China, Japan, and Hong Kong.