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.
Armani built a multibillion-dollar global brand from something as simple as an unstructured jacket, and broke down the walls between formal and casual.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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