Global Capability Centers have the potential to contribute USD 0.5 trillion as gross value added to the Indian economy when the country's GDP edges towards USD 10 trillion, employing about 20-25 million people, Gunjan Samtani, Co-Chairman of Goldman Sachs in India, said on Monday.
Addressing the American Independence Day celebrations in Hyderabad, Telangana Chief Minister Revanth Reddy hailed the "Telangana Rising" vision and said that the state aims to achieve a 1 trillion US dollar economy by 2035 and a 3 trillion US dollar economy by 2047.
The demands for Indian defence equipment have increased following Operation Sindoor, said Union Defence Minister Rajnath Singh on Monday, noting that the world military expenditure has increased to over $2.7 trillion in 2024, and a big market is awaiting India.
The United Arab Emirates now ranks third globally in total sovereign wealth and public pension assets, with a combined portfolio of USD 2.49 trillion (Dh9.17 trillion), according to the 2025 mid-year report by Global SWF.
"We're here in Sevilla to change course," the UN chief told world leaders on Monday, calling on them to grasp a once-in-a-decade opportunity to close a USD 4 trillion financing gap facing developing countries to meet sustainable development goals - and build a better world for all.
Pune (Maharashtra) [India], June 27: In 2023, Indians invested over Rs. 103 trillion in Fixed Deposits (FDs), as per Business Today. Fixed deposits account for nearly 40% of the annual distribution volume of financial products, and the shift toward digital solutions is transforming how India
New Delhi [India], June 26: A major milestone in the Gau Rashtra Yatra by the Rashtriya Gau Sevak Sangh (RGSS) was marked on 25 June 2025 in Lucknow, when Narendra Kumar, Bharat Singh Rajpurohit, and Venugopal Naidu Puvvada met Shyam Bihari Gupta, Chairman of the Uttar Pradesh Gau Seva Aayog
The global leisure travel industry is set to become a USD 15 trillion opportunity by 2040, a significant increase from USD 5 trillion in 2024, revealed a recent report by BCG.
Union Minister of Commerce and Industry Piyush Goyal stated that India will become the third-largest economy by 2027 and become a USD 5 trillion economy in the next three years.
Bangkok [Thailand], June 24: Sanchai Noombunnam, Country General Manager of Informa Markets Thailand, highlighted Thailand's growing role and opportunities in the global food and beverage industry. According to Credence Research, a global market research and consulting firm, the value of the
Lee Jae Myung, President of South Korea, has introduced a 30.5 trillion won (USD 22.1 billion) supplementary budget proposal aimed at revitalising Korea's flagging economy, reported the Korea Herald, a South Korean English-language daily newspaper, on June 19.
New Delhi [India], June 21: In this transformation, Micro, Small, and Medium Enterprises (MSMEs), the lifeblood of India's economy, must not be left behind. With over 63 million MSMEs contributing 30% to the national GDP and employing more than 110 million people, India's ambition to become