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NITI Aayog Envisions India as $30 Trillion Economy by 2047

NITI Aayog Envisions India as $30 Trillion Economy by 2047

NITI Aayog outlines vision for India to become a $30 trillion economy with $18,000 per capita income by 2047, needing...

28 July 2024 7:15 PM IST

India’s Growth to Steady at 6.7% Till 2026: World Bank

India’s Growth to Steady at 6.7% Till 2026: World Bank

India to remain the fastest-growing major economy with 6.7% annual growth till FY26, per World Bank. Strong investment...

12 Jun 2024 5:33 PM IST

Indias merchandise exports contracted 15.8 per cent to $261 billion in the 2015/16 fiscal year ending March, down from $310 billion in the previous year.

India Registers $6 Billion Current Account Surplus in Q4FY24

India's current account surplus hits $6 billion in Q4FY24, marking a positive shift after 10 quarters. Exports set to...

6 Jun 2024 6:33 PM IST

The US economy may be basking in the warm glow of solid growth, but economists are nervously eyeing a trend in the bond market that could spell stormy weather ahead.

India's FDI Equity Inflows Drop 3.49% in 2023-24

India's FDI equity inflows fell to $44.42 billion in 2023-24, down 3.49%, with declines in services, telecom, and pharma...

30 May 2024 6:08 PM IST

Moodys, in February, took negative rating action for a number of corporates, banks and sovereigns whose revenues, loan portfolio performance and tax receipts are heavily dependent on the production of oil and other commodities.

India's Corporates Face High Capital Needs: Moody's

Moody's predicts Indian corporates will need $70-100 billion annually for expansion and growth amid rising consumption...

30 May 2024 5:44 PM IST

Cheaper Chinese steel pulls down Indian exports

Cheaper Chinese steel pulls down Indian exports

India's engineering exports fell 3.2% in April due to lower shipments of iron, steel, and copper amid rising Chinese...

23 May 2024 6:51 PM IST

India’s Business Activity Hits 14-Year High in May

India’s Business Activity Hits 14-Year High in May

India's services sector drives robust business growth in May, with PMI at 61.7. Exports and job additions also see...

23 May 2024 6:40 PM IST

With members of the All India Association having met Union minister of state for road transport on Tuesday, issues under the Central government were discussed.

India's Domestic Sectors Boost Fleet Utilization for Road Transport

Fleet operators' revenue to grow 9-11% this fiscal due to domestic demand despite weak exports, improving utilization...

23 May 2024 6:16 PM IST

No quick fixes for economy, says Subbarao

No quick fixes for economy, says Subbarao

Former RBI governor says economy is doing well, but India must address joblessness, and income inequality

9 May 2024 6:43 PM IST

Indias cement sector to see highest capacity addition since FY10

India's cement sector to see highest capacity addition since FY10

Anticipated 45M tonnes addition signals highest growth since FY10, fueled by expansion and acquisitions, amid fierce...

9 May 2024 5:50 PM IST

DC Edit | India’s growth story on a surge, but address jobs

DC Edit | India’s growth story on a surge, but address jobs

In a massive vote of confidence for the Indian economy, the International Monetary Fund (IMF) recently stated that...

7 May 2024 12:10 AM IST

Women Workforce Should go up 50 pc for $7 Trillion Economy

Women Workforce Should go up 50 pc for $7 Trillion Economy

Chennai: Women in the workforce has to go up by 50 per cent for the country to become a $7 trillion economy by 2030. ...

4 March 2024 9:04 PM IST