October 17, 2024, 02:46 PM - 3 min read
By 2035, India will be the world's third-largest economy, with Indonesia and Brazil ranking eighth and ninth, respectively, but rising population challenges will strain basic services and increase investment demands to maintain productivity, according to S&P Global Ratings.
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September 22, 2024, 04:22 PM - 2 min read
Deloitte projects that India's growth will be around 6.7% in the next fiscal year (2025-26), following an impressive 8.2% growth in the previous fiscal year (2023-24).
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September 5, 2024, 02:21 PM - 2 min read
Reserve Bank Governor Shaktikanta Das on Thursday said the Indian growth story remains intact with consumption and investment demand growing in tandem, and emphasised that past reforms need to be augmented by reforms in land, labour and agricultural markets.
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June 28, 2024, 01:18 PM - 2 min read
According to the Morgan Stanley report, initiatives under PM Gati Shakti are yielding results. The report projects infrastructure investment to rise to 6.5% of GDP by FY29, with $1.45 trillion spent over five years, enhancing logistics and port efficiency.
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May 2, 2024, 06:59 PM - 2 min read
Engaging in debates over such policies not only encourages capital flight abroad but also unjustly penalizes the hard work and aspirations of the middle class that are striving to build wealth.
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April 23, 2024, 07:55 PM - 2 min read
In its recent bulletin titled "Tailwinds Propelling India's Economic Take-off," released on Tuesday, the RBI lists six key factors expected to drive the country toward becoming the world's third-largest economy.
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April 8, 2024, 08:03 PM - 2 min read
Realizing this vision requires concerted efforts across various fronts. From creating quality employment opportunities and investing in human capital to ensuring decentralized governance and revisiting public subsidies, India must address key challenges to sustain robust economic growth.
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April 4, 2024, 11:44 AM - 2 min read
In 2023, South Asia's employment ratio stood at 59%, significantly lower than the 70% observed in other emerging market and developing economy regions. Notably, South Asia is the only region witnessing a decline in the employment of working-age men over the past two decades and exhibits the lowest share of working-age women in employment.
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March 27, 2024, 05:48 PM - 2 min read
In the interim Budget, Finance Minister Nirmala Sitharaman proposed borrowing Rs 14.13 lakh crore by issuing dated securities to cover the revenue shortfall in the upcoming financial year. This figure represents a decrease from the previous year's gross borrowing estimate of Rs 15.43 lakh crore, which stood as the highest ever recorded.
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March 27, 2024, 01:37 PM - 2 min read
In its "Economic Outlook Asia-Pacific report," S&P Global highlighted several factors expected to influence India's economic trajectory in the coming year. Among these factors are anticipated higher interest rates, a crackdown on unsecured lending, and efforts to reduce the fiscal deficit.
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March 24, 2024, 02:37 PM - 2 min read
As countries like Germany, Japan and the UK continue to drop down in GDP (PPP) rankings over the years, India has achieved significant gains in GDP and the country’s share has been significantly increasing, a latest report has revealed.
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March 21, 2024, 06:46 PM - 2 min read
As political parties gear up to woo voters with promises of prosperity and progress, it is imperative that the discourse transcends mere rhetoric and probes into substantive strategies for inclusive growth, job creation and sustainable development.
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