Apart from these factors, in the new year, food prices will continue to be vulnerable to global uncertainties & weather events, while household borrowings from banks will remain steady.
Speaking at Uttarakhand Global Investors Summit, PM Narendra Modi says he will propel India to 'third-largest economy' in next few years, ‘during his third term in office’.
In October, RBI predicted a 6.5% growth in Q2. The relatively strong performance in Q2 comes on the back of 7.8% growth in Q1, taking growth in first half of the financial year to 7.7%.
Many including Union ministers cited still from YouTube livestream of 'real time GDP data' to celebrate India becoming '$4 tn economy'. But govt data shows claim is unfounded.
Minutes of Monetary Policy Committee meeting show that several members felt debt-fuelled consumption could become a ‘self-fulfilling prophecy’ to boost overall growth.
On latest episode of ThePrint’s Off The Cuff, the founder of India Foundation talks about growth of the Indian economy and the way ahead to become a 30-trillion economy by 2047.
Agriculture, and financial, real estate & professional services sectors grew faster this year than last year, while most of the other sectors registered slower but robust growth.
Through film, textile, scent, sound, and gesture, spectators are invited to descend into an immersive environment where inherited knowledge seeps through material and form.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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