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India Eyes Global Role in Growing Semiconductor, Electronics Sector: MoS Chandrasekhar

India Eyes Global Role in Growing Semiconductor, Electronics Sector: MoS Chandrasekhar

Wed, Jan 24, 2024

Minister Rajeev Chandrasekhar emphasised the Indian government's commitment to nurturing a high-skilled tech workforce. This talent, he said, will not only drive India's own growth but also contribute significantly to the global tech landscape, particularly in the field of semiconductors and electronics. He highlighted the ongoing investments and infrastructure development aimed at building a competitive Indian semiconductor ecosystem.

India could be $5 trillion economy by 2025, says Union Petroleum Minister Hardeep Puri

India could be $5 trillion economy by 2025, says Union Petroleum Minister Hardeep Puri

Tue, Jan 23, 2024

The Indian economy is expected to grow 7.3 per cent in the current financial year 2023-24, remaining the fastest-growing major economy, the National Statistics Office said on January 5.

Nifty Hits Record High: Analyzing the Journey from 21000 to 22000 in 2024!

Nifty Hits Record High: Analyzing the Journey from 21000 to 22000 in 2024!

Mon, Jan 15, 2024

Nifty has crossed 22000 for the first time, How was the journey from 21000 to 22000? What are the targets of brokerages on NIFTY for 2024?

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Independence Day 2018: How industry reacted to PM Modi's resolve to place India among top economies

Independence Day 2018: How industry reacted to PM Modi's resolve to place India among top economies

Wed, Aug 15, 2018

Terming Prime Minister Narendra Modi's speech as progressive, industry bodies today said his nearly 90 minutes address to the nation from historic Red Fort reiterated the growing confidence of the world in the Indian growth story.

This step can arrest rupee slide

This step can arrest rupee slide

Wed, Aug 15, 2018

As the rupee today hit an all-time low of 70.1 against the US dollar, economists expressed concerns and suggested imposition of "restrictions" to stem the slide.

Proud moment! 'This elephant has started to run'

Proud moment! 'This elephant has started to run'

Thu, Aug 09, 2018

In its annual assessment of the Indian economy, the International Monetary Fund (IMF) sees all engines of growth – investment, consumption and exports – revving up and charging towards a 7.3% growth this fiscal despite the shadows of trade war and firm global crude prices looming large.

GDP may moderate to 7.2% in 2nd half of 2018: Report

GDP may moderate to 7.2% in 2nd half of 2018: Report

Tue, Jul 31, 2018

The Indian economy is likely to have witnessed solid economic growth in the April-June quarter but leading indicators suggest a slowdown in the coming months, says a Nomura report.

India fastest growing economy in Asia; on track to meet FY18 target: ADB

India fastest growing economy in Asia; on track to meet FY18 target: ADB

Thu, Jul 19, 2018

The ADO published in April had said that India's economic growth will rise to 7.3 per cent this fiscal and further to 7.6 per cent in the next financial year, retaining the fastest-growing Asian economy tag, on back of GST and banking reforms.

IMF cuts India's growth projection, but it still retains world's top spot at 7.3 pct

IMF cuts India's growth projection, but it still retains world's top spot at 7.3 pct

Mon, Jul 16, 2018

The report said that for such a scenario the "possible triggers include rising trade tensions and conflicts, geopolitical concerns, and mounting political uncertainty". Citing the tariff increases by the US and retaliation by other countries, it said they "could derail the recovery and depress medium-term growth prospects".

India's exports up 17.57 pct at $27.7 bn in June; trade deficit widens to 43-month high

India's exports up 17.57 pct at $27.7 bn in June; trade deficit widens to 43-month high

Fri, Jul 13, 2018

The trade deficit in June 2018 is the highest since November 2014 when the gap was USD 16.86 billion. The deficit in June 2017 stood at USD 12.96 billion. During April-June this fiscal, exports rose by 14.21 per cent to USD 82.47 billion.

India is world's 6th largest economy; this is whom it beat

India is world's 6th largest economy; this is whom it beat

Thu, Jul 12, 2018

Good news! World Bank data says India has emerged as the world's 6th largest economy and that too in 2017, beating France and likely to go past the United Kingdom, which is at the fifth position right now. Let us look at other facts based on an analysis of data compiled by the World Bank.

India emerges as world's 6th largest economy, surpasses France: WB data

India emerges as world's 6th largest economy, surpasses France: WB data

Wed, Jul 11, 2018

As per the data, the GDP of France stood at USD 2.58 trillion. The United Kingdom, which is facing Brexit blues, had a GDP of USD 2.62 trillion, which is about USD 25 billion more than that of India, the data showed. The US is the world's largest economy with a size of USD 19.39 trillion, followed by China (USD 12.23 trillion) at the second place.

India's medical export-import policy at scanner of Sri Lanka, Pakistan, Bangladesh; Find out how

India's medical export-import policy at scanner of Sri Lanka, Pakistan, Bangladesh; Find out how

Sat, Jul 07, 2018

For instance, immediately after the price capping of stents by the Indian government, Pakistan, Sri Lanka and Bangladesh followed suit and got a similar line of price control.

National Statistics Day: We live in a world of data analytics; here's what you should know in India

National Statistics Day: We live in a world of data analytics; here's what you should know in India

Sat, Jun 30, 2018

Statistics – facts generated from data or pieces of data- are hence quite vital in every field of human society.

India to be lone economy facing suppressed wages by 2030: Study

India to be lone economy facing suppressed wages by 2030: Study

Thu, Jun 21, 2018

India would be the only economy that will not face an upward revision of wages by 2030, as it has a talent surplus, bucking the global trend of a talent crunch, a report noted. "Unlike any other country in the study India will have a highly skilled talent surplus by 2030," the report said.

Global fund managers applaud this move by India; here is why

Global fund managers applaud this move by India; here is why

Fri, Jun 15, 2018

To nudge lenders to get their debt rated, the RBI set a lower margin requirement for rated state notes used as collateral for borrowing. Indian states have been large borrowers to fund farm loan waivers and pay for their staff, and the interest burden is set to push them to pile on more debt to plug budget deficits, according to HSBC Bank Plc.

World Bank forecasts 7.3 per cent growth for India; making it fastest growing economy

World Bank forecasts 7.3 per cent growth for India; making it fastest growing economy

Wed, Jun 06, 2018

Growth in India is projected to advance 7.3 per cent in Fiscal Year (FY) 2018/19 (April 1, 2018-March 31, 2019) and 7.5 per cent in FY 2019/20, reflecting robust private consumption and strengthening investment, the bank said in its June 2018 edition of the Global Economic Prospect report.

India GDP growth rate hits 7.7% mark; What is good and what is not for Indian economy, find out

India GDP growth rate hits 7.7% mark; What is good and what is not for Indian economy, find out

Thu, May 31, 2018

The economy, for 2017/18 full fiscal year ended March, grew by 6.7 percent. What did all that translate into in terms of per capita income? Well, in real terms (at 2011-12 prices) during 2017-18, per capita income is estimated to have attained a level of Rs 86,668 as compared to Rs 82,229 for the year 2016-17. This growth rate in per capita income is estimated at 5.4 percent during 2017-18, as against 5.7 percent in the previous year.

India's Q4 GDP growth seen at 7.1%: Ficci survey

India's Q4 GDP growth seen at 7.1%: Ficci survey

Tue, May 29, 2018

The Central Statistics Office (CSO) is scheduled to release GDP numbers for the fourth quarter as well as the 2017-18 fiscal on May 31.

Brent crude nears $80: From Airlines, auto to IT, how India will be affected

Brent crude nears $80: From Airlines, auto to IT, how India will be affected

Tue, May 22, 2018

On Tuesday, Brent crude, the global benchmark, rose 54 cents to $79.76 a barrel by 1221 GMT. Last week, it topped $80 for the first time since November 2014.

Brent crude near $79 per barrel: Here’s how higher global oil prices will impact India

Brent crude near $79 per barrel: Here’s how higher global oil prices will impact India

Mon, May 21, 2018

Such consistent rise crude oil is not a good sign for India, as nearly 86% of it’s import depends upon crude.

Proud moment! IMF says India fastest growing economy at 7.4% in 2018

Proud moment! IMF says India fastest growing economy at 7.4% in 2018

Wed, May 09, 2018

After India, Bangladesh is projected to be the fastest-growing economy in South Asia with growth rates of seven per cent for 2018 and 2019; Sri Lanka is projected to grow at four per cent in 2018 and 4.5 in 2019, and Nepal five per cent in 2018 and four per cent in next. (Pakistan, which is grouped with the Middle East, is not covered in the Asia report.)

Major reforms undertaken; India deserves rating upgrade: Garg

Major reforms undertaken; India deserves rating upgrade: Garg

Sun, Apr 29, 2018

In an interview to PTI, Economic Affairs Secretary Subhash Chandra Garg said Fitch's action did not come as a surprise as the rating agency had in discussion earlier indicated its focus on level of government debt even though it had a very favourable view on India's economy.

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