Search For "trillion"
UAE market cap soars as top 16 companies hit AED 2.7 trillion
Updated : 2 years, 2 months ago IST
As of January 2024, the aggregate market capitalisation of the top 16 national companies listed on local exchanges stood at AED2.7 trillion. Driven by planned market expansions and existing valuations exceeding AED 3.6 trillion, this figure is anticipated to experience significant growth, po
Read More
Pakistan's debt burden mounts to 63.399 trillion PKR: Report
Updated : 2 years, 2 months ago IST
The total debt burden on Pakistan has risen to a whopping 63,399 trillion Pakistani Rupees (PKR) by the end of November last year in the financial year 2023-24, ARY News reported on Friday citing an official report.
Read More
Uday Kotak envisions a financial sector model for India's growth and trans
Updated : 2 years, 2 months ago IST
He posted, "My year end musings. A Financial Sector Model for India's dream: 9% annual growth, $30 trillion GDP by 2047. India is transforming from a nation of savers to investors. The tussle between the saver/ borrower and issuer/ investor model is underway....."
Read More
India will become USD 5 trillion economy in 2-2.5 years: Piyush Goyal
Updated : 2 years, 2 months ago IST
Commerce and Industry Minister Piyush Goyal has said that in the next two and a half years, India will become a USD 5 trillion economy while addressing media persons at the launch of the E-Commerce Export Handbook for MSMEs at an event in New Delhi.
Read More
Adani and Sirius join forces to propel India's digital economy with USD 17
Updated : 2 years, 2 months ago IST
Sirius JV emerges as a key player in the digitalization of India's economy, capitalizing on Sirius's global digital transformation expertise and Adani's strategic insights. The venture is set to lead the USD 175 billion digital transformation opportunity, which is projected to evolve into a
Read More
How to Accelerate Women's Entrepreneurship in India to Build a 5 Trillion
Updated : 2 years, 2 months ago IST
Lucknow (Uttar Pradesh) [India], December 26: The Indian government intends to achieve a USD 5 trillion economy by 2025, and women entrepreneurs, especially in the MSME sector, can play a crucial role in achieving this target. Women own around 20% of India's 63 million MSMEs, which employ be
Read More
China's defence budget could be far greater than declared
Updated : 2 years, 2 months ago IST
When China announced its 2023 defense budget on 5 March, the figure quoted by the government was CNY 1.5537 trillion (USD224.59 billion). This represented a rise of 7.2 per cent compared to the previous year, the largest percentage increase in the past four years.
Read More
Leaders Convene at IIM Nagpur's Zero Mile Samvad to Forge India's Economic
Updated : 2 years, 2 months ago IST
Nagpur (Maharashtra) [India], December 18: The Indian Institute of Management Nagpur (IIM Nagpur) today concluded its flagship event, the Zero Mile Samvad (ZMS), with an illustrious assembly of prominent figures and thought leaders. The summit served as a strategic platform for insightful di
Read More
India's economic triumph: A chronicle of the fastest-growing major economy
Updated : 2 years, 2 months ago IST
The opening quarter of the financial year 2023 witnessed a staggering 7.8 per cent growth in India's real Gross Domestic Product (GDP), reaching an estimated Rs 40.37 trillion (USD 484.94 billion).
Read More
Indian manufacturing market has potential to reach USD 1 trillion by 2025-
Updated : 2 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 13: The manufacturing sector in India has been witnessing a proliferating growth in investment, depicting crucial phase in the country's economic arena. As per the published dossiers by the Department for Promotion of Industry and Internal Trade (DPIIT)
Read More
Pakistan: National Accountability Bureau recovers PKR 2.3 trillion, says c
Updated : 2 years, 3 months ago IST
Pakistan's top anti-corruption organisation, - National Accountability Bureau (NAB) recovered Pakistan rupees (PKR) 2.3 trillion besides accruing over USD 10 billion in savings to the national exchequer.
Read More
Sustainable Markets Initiative Agribusiness Task Force launches blended fi
Updated : 2 years, 3 months ago IST
Dubai [UAE], December 9: At COP 28, the Sustainable Markets Initiative's Agribusiness Task Force announced the launch of a new blended finance framework that could unlock trillions of dollars for regenerative agriculture.
Read More