Ashish Kumar Chauhan, MD and CEO of the National Stock Exchange (NSE), marked the 30th anniversary of the Nifty 50 index by announcing that the market capitalization of companies listed on the exchange has reached USD 5 trillion. Highlighting India's rise to becoming the fourth-largest capit
New Delhi [India], January 21: India's ambition to become a $5-trillion economy is not merely a macroeconomic target but a collective national mission driven by a constellation of visionary political leaders, entrepreneurs, educators, technocrats, healthcare leaders, and social reformers. "V
The Confederation of Indian Industry (CII) has called for a holistic green transition that strengthens finance, boosts recycling systems, and simplifies environmental approvals, saying this shift is essential as India moves closer to its USD 5 trillion economy goal.
Kolkata (West Bengal) [India], August 13: As India advances towards its goal of becoming a USD 5 trillion economy, the government is focused on enhancing the manufacturing sector, particularly through smart and digital manufacturing initiatives. With the 'Make in India' initiative having gai
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.
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.
Speaking at the event, "PM Modi has set two targets for India--Viksit Bharat by 2047 and USD 5 trillion economy. These two goals can be achieved by the contribution of the cooperative sector, and that is why he has initiated the Union cooperative ministry."
In this meeting, the Prime Minister discussed various efforts to increase the country's economy to USD 5 trillion, increase public participation in development programs, and use various social media platforms to increase the reach of government schemes among the people.
Several opposition-ruled states have announced they will boycott the meeting. Chief Ministers of three Congress-ruled States - Karnataka's Siddaramaiah, Himachal Pradesh's Sukhvinder Singh Sukhu and Telangana's Revanth Reddy have announced they will not attend the meeting over alleged bia
This fiscal boost comes as India reaches a historic financial milestone. The total market capitalization of all stocks listed on the Bombay Stock Exchange (BSE) briefly surpassed USD 5 trillion for the first time, placing India among global giants such as the US, China, Japan, and Hong Kong.
"This year, India's GDP will reach USD 4 trillion, putting us on par with Japan in terms of economic size. We continue to lead as the world's fastest-growing economy by a significant margin. Last year, our growth rate surprised us at 8.2 per cent, and we anticipate over 7 per cent growth thi