Search For "gdp"
AI to contribute approx USD 607 bn to India by 2035 across agri, health, e
Updated : 1 month, 3 weeks ago IST
Artificial Intelligence (AI) is expected to contribute approximately USD 607 billion to India's economy by 2035, with significant impact across key sectors such as agriculture, healthcare, energy, education and manufacturing, according to a report by PwC.
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Buoyant revenues give room to sustain govt capex, push fiscal consolidatio
Updated : 1 month, 3 weeks ago IST
Buoyant revenue streams give the government room to keep capital expenditure spending steady, at about 3.1 per cent of GDP, while continuing on the path of fiscal consolidation, according to a pre-Budget report by ICICI Bank Global Markets.
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Budget likely to see continuity in government's capex push: HSBC report
Updated : 1 month, 3 weeks ago IST
As has been the convention, the Union Budget for 2026-27 will be presented in the Parliament on February 1, 2026.
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Domestic strength anchors India growth outlook amid global uncertainties:
Updated : 1 month, 4 weeks ago IST
India enters the year 2026 with a relatively strong macroeconomic footing, even as global markets remain shaped by policy uncertainty, geopolitical risks, and uneven growth across regions, according to a report by Prabhudas Lilladher.
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States' fiscal deficit increases to 3.3% in 2024-25, after remaining below
Updated : 1 month, 4 weeks ago IST
States' consolidated gross fiscal deficit increased to 3.3 per cent of gross domestic product (GDP) in 2024-25, after remaining below 3.0 per cent during the previous three consecutive years, Reserve Bank's annual publication "State Finances: A Study of Budgets" noted.
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India's tax-to-GDP ratio mirrors major economies as structural reforms dri
Updated : 1 month, 4 weeks ago IST
A report from Bank of Baroda highlights that this gap represents a significant policy opportunity, as India possesses larger potential due to favourable demographics. The report notes that more efforts are being directed towards holistic tax reforms, including simplification, rationalisation
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India Inc optimistic about India's growth prospects ahead of Budget: FICCI
Updated : 1 month, 3 weeks ago IST
A survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) found strong optimism across industry in India, with nearly 80 per cent of respondents expressing confidence in the country's growth prospects.
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Mizoram bets big on tourism economy: Rs 395 crore infra pipeline, 145% gro
Updated : 2 months ago IST
Mizoram continues to strengthen its tourism-led growth model, driven by improved connectivity, sustained infrastructure investments and destination-centric events. With tourism emerging as a key economic pillar, the state is leveraging its natural assets, cultural capital and community pa
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AI, cybersecurity resilience, and sustainable financing remain key focus f
Updated : 2 months ago IST
On the domestic banking scenario, Setty said credit growth remains robust despite concerns around liquidity. Citing Reserve Bank of India (RBI) data for December, he said, "bank credit growth has been in the range of 12-13 per cent, which is in line with nominal GDP growth of around 9-10 per
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Economic power alone cannot...robust military required: IAF Chief Marshal
Updated : 2 months ago IST
Addressing the 22nd Subroto Mukherjee Seminar in Dlehi, organised by the Centre for Aerospace Power and Strategic Studies (CAPSS), the Air Chief stressed that economic strength alone cannot ensure national security, citing examples of Venezuela and Iraq. He noted that even if a country is
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"Mother of all deals": EU Commission President says they stand on "cusp of
Updated : 2 months ago IST
The President of the European Commission said she will travel to India next weekend
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EU “on the cusp” of free trade agreement with India, EU Commission Prez at
Updated : 2 months ago IST
EU Commission President Ursula von der Leyen stated that the EU is close to finalising a free trade deal with India. She will visit India next weekend, as EU leaders attend India's Republic Day celebrations and co-chair the India-EU Summit, aiming to deepen strategic and economic ties. Read More
