gdp

Mumbai, March 5 Increased participation of women in long-term financial investments could generate a cumulative GDP-equivalent impact of approximately ₹40 lakh crore (USD 430 billion) over a 10-year period, according to a joint report by LIME and EY.The report stated that this impact would...

Mumbai, March 4 The conflict in the Middle East poses some immediate challenges for the Indian economy, but it is unlikely to significantly impact long-term economic growth, according to an external member of the RBI's rate-setting panel.Moving forward, there is a need for coordinated fiscal...

Beijing, March 5 China announced on Thursday that it would increase its defence budget by over 10 per cent, to USD 275 billion, about USD 25 billion more than last year, as it accelerates the modernisation of its armed forces to keep pace with the US military.Approximately 1.9 trillion yuan...

Beijing, March 5 China announced on Thursday that its defense budget would be increased to $275 billion, about $25 billion more than last year, as it accelerated the modernization of its armed forces to catch up with the US military.Approximately 1.9 trillion yuan ($275 billion) will be...

Beijing, March 5 China lowered its GDP target to 4.5 to 5 percent for this year in response to Trump's trade tariff war, the worsening global crisis following the US-Iran war, and economic headwinds stemming from the property market slump and the unemployment crisis.The target, close to that...

New Delhi, March 3 Fitch Group company BMI said on Tuesday that the ongoing conflict in the Middle East could discourage investment in India, and offset the positive effects of trade deals with the EU and the US on GDP.Despite the favorable readings of policy uncertainty so far in 2026, BMI...

Chandigarh, March 2 – Reinforcing Haryana’s commitment to fiscal prudence and development-led growth, Chief Minister Nayab Singh Saini presented the state’s budget for 2026-27 on Monday, emphasizing seven key pillars that underscore disciplined financial management and a significant increase in...

Mumbai, March 2 India's current account deficit (CAD) rose to USD 13.2 billion, or 1.3 per cent of GDP, in the December quarter from USD 11.3 billion in the year-ago period, mainly due to a higher trade deficit caused by a decline in exports to the US, according to RBI data released on Monday...

Mumbai, March 2 India's current account deficit (CAD) increased to USD 13.2 billion, or 1.3 per cent of GDP, in the December quarter, compared to USD 11.3 billion (1.1 per cent of GDP) in the previous year, mainly due to a larger trade deficit, according to data released by the Reserve Bank of...

Gandhinagar, March 2 Deputy Chief Minister Harsh Sanghavi has presented Gujarat as India's emerging semiconductor hub and assured global investors that investments made in the state are protected not only for the present generation but for decades to come.Sanghavi was speaking on Sunday at the...

Gandhinagar, March 1 Deputy Chief Minister Harsh Sanghavi on Sunday presented Gujarat as India's emerging semiconductor hub and assured global investors that investments made in the state are protected not only for the present generation but for decades to come.Sanghavi was speaking at the...

New Delhi, February 27 The free trade agreement (FTA) between India and the EU includes an annexure for mediation to reach a mutually-agreed solution to a dispute through a quick procedure with the assistance of a mediator.According to the text of the FTA, an annexure on 'model mediation...

New Delhi, Feb 27 – The projected economic growth for the next fiscal year has been revised upwards to 7-7.4 percent, and the GDP size will comfortably exceed the USD 4 trillion mark, Chief Economic Advisor V Anantha Nageswaran said on Friday.The Economic Survey presented in Parliament in...

New Delhi, February 27 The economic growth projection for the next fiscal year has been revised upwards by 20 basis points to 7-7.4 per cent following the release of a new GDP series, Chief Economic Advisor V Anantha Nageswaran said on Friday.The Economic Survey presented in Parliament in...

New Delhi, February 26 Former German Chancellor Angela Merkel praised the economic reforms initiated by former Prime Minister late Manmohan Singh, stating that they helped India achieve a 30-year period of economic growth.She also emphasized that India has tremendous potential for economic...

New Delhi, February 26 The new series of Gross Domestic Product (GDP) with the 2022-23 base year will include data on goods and services tax, e-Vahan, and household services provided by cooks, drivers, and domestic help, to make economic data more accurate.The GDP data for the third quarter...

Mumbai, February 25 The chances of the benchmark interest rate going up are "negligible," despite the build-up of inflationary pressure due to geopolitical tensions, said Saugata Bhattacharya, an external member of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), on Wednesday...

Mumbai, February 23 India's managed funds industry's assets under management (AUM) is projected to reach Rs 455 lakh crore by March 2030, more than doubling from current levels, according to a report released on Monday.The report by Crisil Intelligence, a division of the rating agency, stated...

Bengaluru, February 23 Karnataka Minister for Large and Medium Industries M B Patil inaugurated Amazon's newly constructed, fully equipped 11 lakh sq ft corporate office near Yelahanka here on Monday.He said this is Amazon's 10th corporate office in the state. The company, which has a...

New Delhi, February 22 – While the IMF loan has temporarily rescued Pakistan from the brink of economic collapse, weak growth and fractious domestic politics suggest that the current period of stability may be difficult to sustain in the medium term, according to an article.In September 2024...