GDP

China stands firm on its ambitious plan to achieve a 5% GDP growth this year

China remains resolute in its ambitious goal of achieving a 5 percent GDP growth this year, with officials expressing confidence…

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India will become third largest economy in three years

New Delhi: Indian economy is expected to become the third largest in the world in the next 3 years. As…

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Finance Ministry: India Aims for Developed Country Status by 2047

India’s economy is anticipated to grow beyond 7% in the coming years, propelled by a robust financial sector and ongoing…

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Infrastructure Sector Expansion Hits 6-Month Low at 7.8%

The growth rate of India’s eight core sectors slowed to 7.8% in November, marking a six-month low, according to official…

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India’s Goal: Digitize 20% of GDP by 2025-26, Says Rajeev Chandrasekhar

Rajeev Chandrasekhar, India’s Minister of State for Electronics and Information Technology, has unveiled the country’s ambitious plans for digital transformation.…

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Saudi Arabia Unveils ‘Soudah Peaks’ Ultra-Luxury Tourism Project, Set to Debut in 2033

Saudi Arabia has unveiled a groundbreaking venture, ‘Soudah Peaks,’ a high-end tourism initiative situated atop the nation’s tallest peak, soaring…

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India’s fiscal deficit rises to Rs 6.06 lakh crore in April-July

New Delhi: The fiscal during April-July 2023 stood at Rs 6.06 lakh crore. This is 33.9% of the full financial…

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India’s GDP to grow at its fastest pace in a year

New Delhi: The India’s gross domestic product (GDP) of India will grow  at its fastest pace in a year in…

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Signs of damage found in the Great Wall’s base

The once-thriving Chinese economy is now facing severe challenges, prompting analysts to question its future prospects. The economy’s remarkable four-decade…

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Indian economy likely grew at 7.8% in Q1: Economists

Mumbai: Leading rating agencies and economists  claimed  that the Indian economy is expected to have grown 7.8-8.5% in the April-June…

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Report: India’s Per Capita Income Expected to Surge Nearly 70% to $4,000 by FY30

A research report predicts that India’s per capita income is expected to increase by nearly 70% to USD 4,000 by…

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Find out what are the reasons that are shielding the country’s economy from global headwinds

A few days ago, Shaktikanta Das, the Governor of the Reserve Bank of India, stated that it wouldn’t be surprising…

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Moody’s hikes India’s economic growth projection

 Mumbai: International rating agency, Moody’s Investors Service hiked the economic growth estimate of India for 2023. The economic growth projection…

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China’s economy slowed sharply in 2022, with the gross domestic product (GDP) growth registering its worst

Gross domestic product (GDP) growth in China saw its weakest year in nearly 50 years in 2022, putting pressure on…

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Corporate tax to GDP ratio exceeds 3% fiscal 2021-22

 New Delhi: The corporate tax collection exceeded 3% of the gross domestic product (GDP) in fiscal 2021-22.  This is happening…

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India’s current account deficit widens to 4.4% of GDP in September quarter

New Delhi: The current account deficit (CAD) of India surged to $36.4 billion or 4.4% of the GDP (Gross Domestic…

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India’s rise, from one of poorest to having fifth-biggest economy, praised by S Jaishankar

S. Jaishankar, the minister of external affairs, praised India’s economic growth over the previous 75 years. S. Jaishankar highlighted that…

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International rating agency slashes India’s GDP growth rate

Mumbai: International rating agency, Flitch has reduced the GDP growth rate of India.  As per the agency, the gross domestic…

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India’s GDP grows at fastest pace in a year

New Delhi: Data released by the National Statistical Office (NSO) revealed that the economy of the country grew 13.5% in…

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As Russia’s purchases rise, India proposes settling trade in ‘rupees’!

According to a World Bank assessment, earnings in Afghanistan have fallen to the point that 37% of Afghan households do…

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UN agency downgrades India’s GDP growth rate

New Delhi: The UN Conference on Trade and Development (UNCTAD) has downgraded the Gross Domestic product (GDP) growth rate of…

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United Nations project India’s GDP growth at 6.5%

Mumbai: The United Nations (UN) predicted that India’s Gross Domestic Product (GDP) will grow at 6.5% in the in fiscal…

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Out of supplies? Supply chain chaos is about to worsen

In response to China’s energy crisis, the world’s largest exporter has been forced to cut production to conserve energy. In…

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Vietnam Q2 GDP growth accelerates

Hanoi: In the second quarter of the year, Vietnam’s economic growth accelerated as robust exports and industrial production offseted the…

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UAE unveils plans to broaden its foreign trade

To boost exports by 50 percent within the next few years, the UAE on Sunday unveiled plans to expand its…

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IMF: Indian economy to grow by historic high level of 12.5%

The International Monetary Fund’s (IMF) Chief Economist Gita Gopinath alerted that the current wave of the pandemic “is quite concerning”…

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International rating agency upgrades India’s GDP growth

An international rating agency has upgraded the GDP growth  of India.  Fitch Ratings, an international agency  has revised India’s GDP…

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The Indian economy’s festival-driven economic recovery continued: State recovery tracker

Lockdowns in Gujarat, Delhi, Madhya Pradesh, Gujarat, Haryana and Himachal Pradesh can slow the economic recovery and the outlook on…

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India’s pre-pandemic GDP growth may not return soon,predicts Crisil

Indian economy may contract by 5% in FY21 while losing what it had gained in its past history of steady…

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Economy a tail chase for India? Moody’s downgrades GDP assesment to 5.4 %

Just like last year Moody’s had downgraded the GDP growth of India to 5.4% from the 6.6 % projected by…

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Tight rope walk awaits Indian economy for 2020,GDP will continue to sink

GDP projections for the fiscal year 2020, released earlier this week shows a tight-rope walk for the economy. The country’s…

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India’s GDP growth falls to 4.5%

An official data released by National Statistical Office (NSO) revealed that the country’s GDP growth hit an over six-year low…

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India’s GDP growth drops to 4.5 per cent in second quarter

India’s economic growth in the second quarter slipped to the lowest in more than six years, according to the official…

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Global GDP ranking US remains top spot; India slips

India has slipped down in the Global GDP Ranking released by the World Bank. India has slipped to 7th position.…

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India’s GDP to grow at 6.9 %, says rating agency

An international rating agency has predicted India’s GDP may likely to grow at 6.9%. This is marginally lower than CSO’s…

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