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".
World Bank President Ajay Banga recently said the key to India's growth story is through more jobs as he outlined the opportunity to cash in on the ‘China Plus One’ strategy.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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