Search For "gdp"
11.3 crore new households will have an annual income of over Rs 30 lakh by
Updated : 1 year, 6 months ago IST
The number of Indian households with an annual income of more than Rs 30 lakhs per annum will increase by 11.3 crores by the financial year 2031, according to a report by Ugro Capital.
Read More
ADB forecasts India's economic growth at 7% for FY24 and 7.2% for FY25
Updated : 1 year, 6 months ago IST
The Asian Development Bank (ADB) on Wednesday forecasts India's economic growth at 7 per cent for the financial year FY2024 and 7.2 per cent for FY2025. ADB reiterated that India's economic growth will remain robust.
Read More
India's retail realty sector benefiting from growing per capita income and
Updated : 1 year, 6 months ago IST
India's growing per capita income, a burgeoning middle class, and expanding urbanization are driving a surge in urban consumption, with the retail realty sector emerging as a key beneficiary of this trend, highlighted a report by Nuvama.
Read More
Indian economy to grow by USD 1 trn every 1.5 years to become USD 10 trn e
Updated : 1 year, 6 months ago IST
Indian economy to add USD 1 trillion to its GDP every 1.5 years over the next six years, according to a report by IDBI Capital.
Read More
Domestic steel sector to outpace real GDP growth, boosted by urbanisation
Updated : 1 year, 6 months ago IST
The domestic steel sector growth will outpace the country's real GDP growth in the coming years, says a report by AnandRathi.
Read More
India will be third-largest economy by 2030-31 with projected annual growt
Updated : 1 year, 6 months ago IST
India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7, the credit rating agency S&P Global said in its report named India Forward Emerging Perspectives.
Read More
Rising global debt is a concern, significant spillover risks for Emerging
Updated : 1 year, 6 months ago IST
The Reserve Bank of India Governor Shaktikanta Das cautioned the world on the rising global debt, which has surged to a staggering USD 315 trillion, equivalent to 333 per cent of global GDP in 2024.
Read More
Over 20 countries to Showcase over 5000 Products and Technologies at Didac
Updated : 1 year, 6 months ago IST
New Delhi [India], September 12: The education industry worldwide is anticipated to reach a value of USD 10 trillion in the next decade. With a CAGR of 4.5 per cent, it is expected to contribute to over 6 per cent of global GDP. India's education and skilling industry is projected to reach U
Read More
India's strong economic recovery is led by fiscal expenditure: DSP MF
Updated : 1 year, 6 months ago IST
Sahil Kapoor, Head of Products and Market Strategist, DSP Mutual Fund, said, "The calm in the markets, marked by an unnerving lack of volatility, is a double-edged sword. While it provides a sense of stability, it also masks underlying risks that could surface unexpectedly, catching investor
Read More
India's power sector to rise 2.2 times to USD 280 bn by FY30: report
Updated : 1 year, 6 months ago IST
India's power generation and transmission sectors are poised for substantial growth, as the country enters a phase of capex-driven GDP growth, the power intensity should rise, said Jefferies in its report issued later this week in September.
Read More
Recent trend of slowdown in Capex to GDP and pick up in consumption a conc
Updated : 1 year, 6 months ago IST
According to a report by Nuvama Wealth Management, in the past two quarters, the capex to GDP ratio in India has shown signs of deceleration, while consumption to GDP is picking up, a trend reminiscent of the pre-pandemic era.
Read More
India's Financial Services need to grow 20X to achieve $30 trn GDP by 2047
Updated : 1 year, 6 months ago IST
Despite the robust current state of India's banking system--characterized by high profitability, strong capital adequacy, and low non-performing assets (NPAs)--the sector faces challenges and opportunities to sustain its growth and support national economic ambitions.
Read More