India's pharmaceutical industry is poised for significant growth, with its share in the global market expected to rise to 5 per cent by 2030, according to a report by Bain & Company.
While China and Japan face population declines, India's population is expected to keep growing until 2060, according to the United Nations. This demographic advantage, combined with increasing investment and industrial expansion, positions India as a rising economic powerhouse.
India's economy is expected to remain resilient despite global trade uncertainties and shifting monetary policies. Larger economies like China, India, and the US tend to be less reliant on external trade, making them relatively insulated from the economic risks associated with tariff wars
By 2030, the market size is expected to reach USD 1 trillion, a sharp rise from USD 200 billion in 2021. The retail, hospitality, and commercial real estate segments are also witnessing significant growth, providing crucial infrastructure for India's expanding economy.
According to a release, the first phase of the computerisation process is currently underway for 5,754 PACS across the state, with completion expected soon. Eventually, all PACS in the state will be fully computerised.
Prime Minister Narendra Modi will co-chair the AI Summit in Paris on Monday. Notably, France had invited India to co-lead this meeting. Earlier summits were held in London and Seoul.
In a move that is expected to boost residential real estate, business investments, and overall economic growth, experts have welcomed RBI's repo rate cut, combined with budgetary measures for real estate and investments -- a game changer for economic growth.
According to the IMD, the city recorded a minimum temperature of -2.0 degrees Celsius and is expected to witness a "mainly clear sky becoming partly cloudy towards the afternoon or evening."
If India maintains a nominal growth rate of 10.5 per cent its fiscal deficit is expected to reduce to 4 per cent of GDP in the next financial year (FY26), according to a report by SBI Funds.
The upcoming monetary policy announcement by the Reserve Bank of India (RBI) is expected to provide clarity on crucial aspects that will shape the financial services sector, according to a report by HSBC.