Amid ongoing political unrest in Bangladesh, the Commerce and Industry Minister, Piyush Goyal called the situation concerning and extended his wishes for D smooth transition.
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backed digital initiatives will underpin a tripling of Indian retail borrowing by 2030, lifting Indian households' debt to about USD 2.5 trillion or about 34 per cent of GDP.
The report highlights the key indicators which reflect the extreme valuations in the Indian markets. It added that the market cap to GDP ratio stands at 150 per cent, matching the 2007 peak.
Drawing on lessons of the past 50 years, the World Development Report 2024 finds that as countries grow wealthier, they usually hit a "trap" at about 10 per cent of annual US GDP per person--the equivalent of USD 8,000 today.
Hyderabad (Telangana) [India], August 1: Way2News, a leading hyperlocal news platform, has released the findings of its recent survey titled "How South India Invests". The survey, which gathered data from over 65,000 respondents across 5 states--Andhra Pradesh, Telangana, Tamil Nadu, Karnata
KV Subramanian, Executive Director of the International Monetary Fund (IMF) and former Chief Economic Advisor of India, said on Thursday that India could become a USD 55 trillion economy by 2047 if it maintains an 8 per cent annual growth rate.
Pune (Maharashtra) [India], July 31: Gera Developments Private Limited (GDPL), pioneers of the real estate business and award-winning creators of premium commercial and residential projects in Pune, Goa, and California, including the innovative ChildCentric® Homes, has been ranked among
Launching a scathing attack on former Finance Minister P Chidambaram, Commerce and Industry Minister Piyush Goyal on Tuesday highlighted the worsening condition of the economy under the UPA-led government.
India needs to strive to be a USD 30 trillion economy by 2047 with a per capita income of USD 18,000 per annum to become a developed economy, NITI Aayog has said in an approach paper 'Vision for 'Viksit Bharat @2047'
Karnataka Minister Priyank Kharge said that it was a proud moment for him to release the Bengaluru Innovation Report 2024, curated by 3one4 Capital and the Startup Vision Group. Taking to X, he said that Bengaluru's GDP is projected to grow at 8.5 percent till 2035.
Union Minister of State for Road Transport and Corporate Affairs Harsh Malhotra on Saturday appreciated the Union budget 2024-25 and said that due to the visionary policies initiated by Prime Minister Narendra Modi, the country has achieved significant economic growth.
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