India's Ambassador to the US, Vinay Mohan Kwatra, said India aims to grow its economy to $28-35 trillion by 2047. He stressed that investors value not just size but also systemic stability, which India is committed to ensuring alongside its growth.
The central government has extra space in the fiscal deficit to push up expenditure by at least Rs. 0.8 trillion in FY2026 relative to the Budget Estimates (BE), as the higher GDP and RBI dividend payout provide room for it, according to a report by ICRA.
Lucknow (Uttar Pradesh) [India], May 31: The Faculty of Business and Commerce at Chandigarh University, Uttar Pradesh organised a panel discussion focused on India's transformation through education and its goal to become a $7 trillion economy by 2030. The event witnessed participation from
India's manufacturing sector has to grow 15 per cent annually if it has to contribute at least 25 per cent to India's GDP (or USD 7.5 trillion) through Viksit Bharat 2047, NITI Aayog CEO BVR Subrahmanyam said on Friday.
Taiwan's Foxconn, also known as Hon Hai Precision Industry and the world's largest electronics manufacturer, forecast revenues to reach NTD 7 trillion (approximately USD 234.5 billion), marking a nearly 3 per cent increase compared to last year. Last year, Foxconn registered a total of sales
Chief Economic Advisor V Anantha Nageswaran on Thursday expressed confidence that India is on track to become a USD 5 trillion economy by 2027-28, even as the country navigates complex geopolitical challenges and positions itself to benefit from shifting global trade dynamics.
NITI Aayog Chief Executive Officer (CEO) BVR Subrahmanyam said that India has overtaken Japan to become the world's fourth-largest economy, citing data by the International Monetary Fund.
The Reserve Bank of India's record dividend payout of nearly Rs 2.7 trillion to the government has been made possible due to robust gross dollar sales, higher foreign exchange gains, and steady increases in interest income, according to a report by the State Bank of India (SBI).
US President Trump announced over USD 200 billion in commercial deals between the United States and the United Arab Emirates--bringing the total of investment agreements in the Gulf region to over USD 2 trillion.
US President Donald Trump announced several agreements with Qatar valued at over USD 243.5 billion, alongside a broader economic exchange worth at least USD 1.2 trillion.
The Indian hospitality industry is likely to witness a strong growth trajectory, despite renewed tensions in the subcontinent and broader geopolitical uncertainty, says a report by Rubix Data Sciences said.