New Delhi [India], July 1: The World Economic Forum predicts that AI will generate nearly 97 million jobs by 2025 and contribute an astonishing USD 15.7 trillion to the global economy by 2030. According to the Wall Street Journal, there is a global shortage of AI talent and companies are pay
The report said, "We expect India's infrastructure investment to steadily increase from 5.3 per cent of GDP in F24 to 6.5 per cent of GDP by F29. Indeed, this implies that infrastructure investments are expected to register a strong 15.3 per cent CAGR, resulting in cumulative spending of USD
This hefty borrowing, amounting to PKR 7.39 trillion from July 2023 to June 7, 2024, surpasses the government's collective borrowings of PKR 7.16 trillion in the previous two fiscal years (FY23 and FY22).
Investment banking company Morgan Stanley anticipated a 15.3 per cent compound annual growth rate (CAGR) in infrastructure investments, which is projected to result in a cumulative expenditure of USD 1.45 trillion over the next five years.
Karnataka Chief Minister Siddaramaiah announced on Wednesday that the Karnataka government aims to achieve an industrial growth rate of 15-16 per cent annually to reach a USD 1 trillion GDP by 2032.
India's cumulative infrastructure spending will exceed 2.5 trillion dollars by FY32, highlights Gautam Adani at an event organised by CRISIL on 'Infrastructure the catalyst for India's future'.
The Sindh government is set to announce its budget for the fiscal year 2024-25 on Friday, which is expected to be (PKR) 33 trillion, according to ARY News.
At a high-level meeting on Monday, Uttar Pradesh Chief Minister Yogi Adityanath discussed the ongoing efforts, current results, and future policies aimed at making Uttar Pradesh a one trillion-dollar economy.
The Khavda Renewable Energy Park in Gujarat, India, spans approximately 200 square miles and promises to be a game-changer in the global renewable energy landscape.
The government has been grappling with an unsustainably high fiscal deficit, averaging 7.3 per cent of economic output over the past five years, leading to a staggering national debt of PKR 78.9 trillion.
The cumulative nonperforming loans (NPLs) of India's three largest private and three largest public banks fell to 2.483 trillion Indian rupees in the 12 months ending March 31, marking an 11 per cent decrease from the previous year's Rs 2.791 trillion.