Search For "growth rate"
Electronic manufacturing a growth opportunity for Indian auto component ma
Updated : 11 months ago IST
India's electronics sector has experienced rapid growth in recent years, with production increasing at a compound annual growth rate (CAGR) of 15 per cent from FY16 to FY24, reaching USD 115 billion.
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Chhattisgarh Economic Survey projects GSDP growth at 7.5% in 2024-25
Updated : 1 year ago IST
Chhattisgarh's economy is continuously growing, and this year, it is expected to gain even more momentum. According to the Economic Survey 2024-25 presented by the state government on Friday, the state's economic growth rate is estimated to be 7.51 per cent this year.
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During his time, industrial growth rate was negative: Madhya Pradesh CM on
Updated : 1 year ago IST
Kamal Nath on Thursday took a potshot at the state government over the recently concluded Invest MP Global Investors Summit (GIS), asking that it has to be seen how much of it is implemented, stressing that big announcements will not create jobs.
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Union Budget 2025-26: A Shift in Approach to Boost Economic Growth
Updated : 1 year ago IST
New Delhi [India], February 25: The finance minister, Nirmala Sitharaman, has presented the first full-fledged budget of the Modi 3.0 government. The 2025-26 budget has been presented amidst two big concerns: the growing uncertainty in the global economy and hence in the export sector, and a
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India's crude steel capacity needs 8 pc CAGR to meet Govts 300 mn MT targe
Updated : 1 year ago IST
India's crude steel capacity must grow at a compounded annual growth rate of 8 per cent to meet Governments Steel target of 300 million metric tonnes (mn MT) by 2030, according to a report by HDFC Securities.
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Banks funding data for Private sector projects shows jump in private capex
Updated : 1 year, 1 month ago IST
Funding for private sector projects has been witnessing significant growth, with bank approvals rising at a compound annual growth rate (CAGR) of 20 per cent since the pre-COVID period. This trend highlights a strong outlook for private capital expenditure (capex), according to a report from
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RBI may cut interest rates further by 50 bps in 2025, stance to turn accom
Updated : 1 year, 1 month ago IST
The Reserve Bank of India (RBI) may cut interest rates further by 50 basis points (bps) in 2025 and shift its stance from "neutral" to "accommodative," according to a report by Bank of Baroda.
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India's debt to decline to 50-51% if it maintains a nominal growth rate of
Updated : 1 year, 1 month ago IST
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.
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Union Budget FY25-26: A prudent approach to fiscal discipline and sustaina
Updated : 1 year, 1 month ago IST
New Delhi [India], February 1: The Union Budget for FY25-26 strikes a balance between fiscal discipline and the need for sustained economic growth. The government's decision to reduce the fiscal deficit target from 4.8% to 4.4% is an important step towards long-term financial stability. Alth
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India's used car market to grow 13% annually through 2030: CARS24 report
Updated : 1 year, 1 month ago IST
India's used car market is projected to grow from 4.6 million sales in 2023 to a whopping 10.8 million by 2030, cruising ahead with an impressive compound annual growth rate (CAGR) of 13 per cent, as per a report by auto tech company CARS24.
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Sharjah's real estate transactions hit record AED40 billion in 2024
Updated : 1 year, 1 month ago IST
The Sharjah real estate has succeeded in achieving exceptional and unprecedented growth during 2024, with transactions volume amounting to AED 40 billion, and a growth rate of 48 per cent compared to 2023.
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Indian Composites Industry Poised for Robust Growth, Expected to Reach $2.
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], January 17: The Indian composites industry estimated at USD 1.8 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 7.8%, reaching USD 2.8 billion by 2030, according to Stratview Research. This growth will significantly outpace the g
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