The Finance Ministry report said recent economic growth was driven by strong agriculture and services supply, plus rising consumption and exports on the demand side.
Tech and innovation will also be a big part of India’s ambitions both to grow our economy as well as to create a globally competitive and efficient economy.
Apple may be considering shifting some manufacturing back to China, notes international media. This speculation follows a fire at Tata Group’s Apple components plant in Hosur.
Global media also looks at how Boeing is increasing its engineering presence in India, reflecting the US's strategy to reduce dependence on China & the fate of the elderly in India.
The UN World Economic Situation and Prospects 2024 report says while India will remain fastest-growing big economy, it faces risks from erratic monsoons & possible oil price spike.
Depositors seem to believe that public sector entities will not default. There is a perception that they are guaranteed by their respective state government or ultimately the Union.
This will double the subsidy to 400 rupees per 14.2 kilogram cylinder of cooking gas sold to the poor under a federal welfare programme called the "Ujjwala scheme".
According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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