NEW DELHI, May 16: India will be a USD 4 trillion economy in 2024-25 and surpass Japan by early next fiscal to become the worlds fourth largest economy, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal said on Thursday. Sanyal further said that a 7 per cent economic growth rate will be a very good growth rate for India, given various constraints, including the countrys weak exports. So, this financial year, we will become a USD 4 [] The post India to become USD 4 tr

New Delhi, May 11: Union Minister and BJP candidate from Thiruvananthapuram, Rajeev Chandrasekhar, said on Saturday that India under the leadership of Prime Minister Narendra Modi has become a global case study on how to emerge as a resilient economy amid myriad of challenges. Taking on X social media platform on the anniversary of the 1998 Pokhran nuclear tests, Chandrasekhar said that technology is the medium for empowering people. It is the mainstay of making India Aatmanirbhar. On this day [

BEIJING, May 10: China is actively seeking foreign investment to boost its slowing growth, but that very sluggishness is weighing on company plans to grow their businesses in the worlds second largest economy, an annual survey of more than 500 European companies has found. The slowing economy is now the dominant concern of respondents to the European Chamber of Commerce in China survey, which was released Friday. China still ranks high as a place to invest, but the share [] The post European co

DUBAI, May 6: With the number of Indian tourists visiting the Maldives dwindling amidst strained bilateral ties, the archipelago nations tourism minister on Monday urged Indians to contribute to the countrys economy which is dependent on tourism. In an interview with PTI Videos here, Maldivian Tourism Minister Ibrahim Faisal emphasised on the historical relations between his country and India. We have a history. Our newly elected government also wants to work together (with India). We always pro

New Delhi, Apr 30: The Indian economy could grow more than 7 per cent during the current fiscal amid a benign global outlook and expected above-normal monsoon, economic think tank NCAER has said. In its April 2024 issue of Monthly Economic Review (MER), NCAER said a range of high-frequency indicators reveal the resilience of the domestic economy with the Purchasing Managers Index (PMI) for manufacturing at a 16-year high and UPI, the leading digital payments system, touching the highest volume [

WASHINGTON, Apr 29:Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits her two adult children in different states. Shes planning multiple other trips, including to a science fiction convention in Scotland and a Disney cruise soon after that, along with a trip next year to neolithic sites in Great Britain. I really have more money to spend now than when I was working, said Harris, 64, an engineer who worked [] The post Affluent Americans are drivi

Vishakapatnam (A P), Apr 29: Taking a swipe at former finance minister P Chidambaram, who made remarks that India will become the third largest economy in the world no matter who becomes the prime minister, Union Finance Minister Nirmala Sitharaman countered and asked why was it that the countrys ranking in terms of GDP grew up by just two ranks during 2004-2014. As per reports, Chidambaram had said that Prime Minister Narendra Modi was turning an arithmetic inevitability into a [] The post Sith

ISLAMABAD, Apr 25: Pakistan business leaders in an interactive session with Prime Minister Shehbaz Sharif urged him to initiate trade talks with India to promote business and commerce which would greatly benefit the economy of the cash-strapped country. Posing tough questions during an hour-long meeting at the Sindh CM House here in Pakistans commercial capital on Wednesday, Karachis business community appreciated the prime ministers determination to tackle economic issues but advised him to foc

BENGALURU, Apr 24: The biggest economic challenge for the government after the ongoing election is unemployment, according to economists polled by Reuters who expected the worlds most populous country to grow a healthy 6.5% this fiscal year. Despite growing at the fastest pace among major peers, the economy has failed to generate enough jobs for its large and expanding young population, a key issue among citizens in the midst of electing the next government. A majority of economists, 15 of [] Th

BENGALURU, Apr 22 : Union Minister Nirmala Sitharaman on Monday criticised the previous UPA govt and said India needs political stability, clear vision and intensive action on the economy, or the country runs the risk of having another five years of red tapism, corruption and policy paralysis. Stressing that Prime Minister Narendra Modi has set a target for Viksit Bharat 2047, she said development doesnt happen by default or without effort. Addressing an event organised by the Institute of Compa

NEW DELHI, Apr 17 : Indias economy is estimated to grow at 8-8.3 per cent in the current fiscal, industry body PHDCCI said on Wednesday. The countrys GDP will grow at an average of 6.7 per cent over the next 23 years to become a USD 34.7 trillion economy by 2047, with a per capita income of USD 21,000, it added. We are projecting a growth rate of 8 to 8.3 per cent for Indias economy for the current financial [] The post Indias economy to grow at 8-8.3 pc in current fiscal: PHDCCI appeared first

HONG KONG, Apr 16 : Chinas economy in the first quarter beat expectations while receiving a boost from policies and an increase in demand, the government said Tuesday. The worlds second-largest economy expanded at a 5.3 per cent annual pace in January-March, beating analysts forecasts of about 4.8 per cent, official data show. Compared to the previous quarter, growth was up 1.6 per cent. Chinas economy has struggled to bounce back from the COVID-19 pandemic, with a slowdown in demand [] The post

JAIPUR, Apr 16 : Union Finance Minister Nirmala Sitharaman said here on Tuesday that India has been the fastest growing economy in the last three consecutive financial years and this growth can continue in the coming years as well. She said the next 25 years will be critical for India. In the financial year 2023-24, India witnessed a growth rate of eight per cent in three quarters and is expecting a similar level of growth in the fourth quarter, she [] The post India fastest growing economy duri

ISLAMABAD, Mar 29 : President Asif Ali Zardari on Friday reconstituted the Council of Common Interests, a top constitutional body, with the foreign minister replacing the finance minister. According to an official notification, the Council of Common Interests (CCI) will be headed by Prime Minister Shehbaz Sharif while chief ministers of all four provinces apart from Foreign Minister Ishaq Dar, Defence Minister Khawaja Asif, and States and Frontier Regions Minister Amir Muqam will be members of t

NEW DELHI, Mar 28: Indian economy can grow at 8 per cent till 2047, if the country can redouble the good policies that it has implemented over the last 10 years and accelerate reforms, Indias executive director at International Monetary Fund (IMF) Krishnamurthy Venkata Subramanian said on Thursday. Subramanian further said that clearly 8 per cent growth target is ambitious, because India has not grown consistently at 8 per cent before, but it is achievable. So, the basic idea is [] The post Indi

Srinagar, Mar 7: Prime Minister Narendra Modi on Thursday inaugurated initiatives worth nearly Rs 5,000 crore for boosting the agri-economy in Jammu and Kashmir. during his maiden visit to the Valley since the abrogation of Article 370 by his government. The Centre-led by Prime Minister Modi abrogated the provisions of Article 370 on August 5, 2019 and bifurcated the erstwhile state into the Union territories of Jammu and Kashmir and Ladakh. PM Modi attended the Viksit Bharat Viksit Jammu Kashmi

PM to visit Srinagar on 7th March and participate in Viksit Bharat Viksit Jammu Kashmir programme Holistic Agriculture Development Programme will equip about 2.5 lakh farmers in J&K with skill development via dedicated Daksh Kisan portal; about 2000 Kisan Khidmat Ghars will also be established under the programme In major boost to tourism sector, PM to dedicate to nation and launch 52 tourism sector projects worth more than Rs 1400 crore under Swadesh Darshan and PRASHAD Scheme PM to dedicate []