Tag: Indian economy

Nirmala Sitharaman Says Biggest Challenge Before Indian Economy Is Employability

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Nirmala Sitharaman Says Biggest Challenge Before Indian Economy Is Employability

Nirmala Sitharaman said digitalisation of Indian economy has allowed government to formalise the economy New York: In a fireside chat on India’s decadal economic reforms and continued economic growth in New York, Union Finance Minister Nirmala Sitharaman on Monday (local time) said that the biggest challenge before India is employability. Answering a question on how…

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India plays crucial geopolitical role from American standpoint: USISPF president Mukesh Aghi

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India plays crucial geopolitical role from American standpoint: USISPF president Mukesh Aghi

U.S. India Strategic and Partnership Forum president Mukesh Aghi during an interview with PTI, in Washington, in the U.S. File | Photo Credit: PTI “India plays a pivotal role geopolitically from an American perspective and offers the U.S. companies the opportunity to de-risk from China in the manufacturing sector,” the head of a top India-centric…

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Business

India To Become Third-Largest Economy By 2030: Report

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India To Become Third-Largest Economy By 2030: Report

Mumbai: India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7 per cent, a report by S&P Global projected on Thursday. The country has emerged as the fastest-growing large economy at an 8.2 per cent growth rate in FY24, significantly exceeding the government’s…

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Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das at FIBAC 2024

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Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das at FIBAC 2024

File picture of Reserve Bank of India (RBI) Governor Shaktikanta Das | Photo Credit: ANI Reserve Bank Governor Shaktikanta Das on Thursday (September 5, 2024) said the fundamental drivers of the Indian economy are gaining momentum and the country is moving on a sustainable growth path. In the inaugural address at FIBAC 2024, the governor…

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Business

India To Soon Top China Among Emerging Global Markets: Morgan Stanley

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India To Soon Top China Among Emerging Global Markets: Morgan Stanley

BSE: India to soon overtake China as the most influential in a key emerging markets index. Bengaluru: India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that, though already among the best globally, is…

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World

India To Soon Top China Among Emerging Global Markets: Morgan Stanley

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India To Soon Top China Among Emerging Global Markets: Morgan Stanley

BSE: India to soon overtake China as the most influential in a key emerging markets index. Bengaluru: India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that, though already among the best globally, is…

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Domestic demand, easing costs propped up Services in August: PMI

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Domestic demand, easing costs propped up Services in August: PMI

Image used for representation purpose only. Business activity in India’s services sector accelerated at a five-month high pace in August, aided by productivity gains, a pullback in cost pressures which eased to a four-year low, and higher domestic demand. However, optimism among services firms about next year’s prospects slumped to a 13-month low, while it…

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Business

GDP Grows By 6.7% In April-June vs 7.8% In Jan-March, Lowest In 5 Quarters

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GDP Grows By 6.7% In April-June vs 7.8% In Jan-March, Lowest In 5 Quarters

GDP: Growth in Asia’s third-largest economy had been well above 7 per cent during previous quarters. India’s gross domestic product slowed to a quarter low of 6.7 per cent in April-June this fiscal against 8.2 per cent in the year-ago period, mainly due to poor showing by the farm sector, shows government data. Growth in Asia’s…

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