Karnataka Chief Minister Basavaraj Bommai on Thursday termed the recently released Union Budget "growth-oriented" and said that the investment in the capital sector would generate a 5 trillion dollar economy.
Despite taking over the country in a poor state of affairs from the BNP-Jamaat alliance which had unleashed a reign of corruption, violence, religious extremism and militancy from 2001 to 2006, the Sheikh Hasina government has turned the tide and pushed Bangladesh towards development, econom
Sitharaman noted that the world has recognised the Indian economy as a 'bright star' which is expected to grow in the current year at seven per cent - the highest among all the major economies.
Presenting the Union Budget 2023, Union Finance Minister Nirmala Sitharaman Wednesday, Union Finance Minister Nirmala Sitharaman pegged the fiscal deficit target for 2023-24 at 5.9 per cent of GDP.
Overall, the government proposed to increase capital expenditure outlay by 33 per cent to Rs 10 lakh crore in 2023-24, which would be 3.3 per cent of the GDP, said Union finance minister Nirmala Sitharaman.
BRICS is a grouping of five major emerging economies - Brazil, Russia, India, China and South Africa - which together represent about 41 per cent of the world's population, 26 per cent of the planet's landmass across four of the continents, 25 per cent of global GDP and 20 per cent of world
During the press conference which took place after the Survey was presented in the House today, CEA Nageswaran said, "Recovery of economy is complete; non-banking and corporate sectors now have healthy balance sheets, hence, we don't have to speak of pandemic recovery anymore, we have to loo
Indian economy is expected to grow at 7 per cent (in real terms) during the financial year ending March 2023, according to the Economic Survey for 2022-23 released on Tuesday.
The Economic Survey document said the growth projection is broadly comparable to the estimates provided by multilateral agencies such as the World Bank, the IMF, the Asian Development Bank and the Reserve Bank of India.
Our G20 Presidency will be decisive, inclusive and outcome-oriented, said India's G20 Sherpa Amitabh Kant in a Press Conference on Friday and added that G20 is important because it comprises 85 per cent of global GDP.