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Economy / bhaskarlive

The Third Eye: Artificial Intelligence in aid of knowledge economy

New Delhi, March 17 (IANS) The advent of Artificial Intelligence (AI) has boosted the cause of business in many ways. It has speeded up the process of strategy formulation that derived new strength from a rapid analysis of comprehensive and relevant data relating to the past and the present. It has also enabled businesses to []

17 Mar 2024 10:22 am
Indian economy continues to show resilience to external risks: UBS

New Delhi, March 12 (IANS) The Indian economy has been in a sweet spot lately, with manageable macro risks, global brokerage, UBS said. We forecast another year of strong growth for India, at 7 per cent in FY25, it said. Historically, periods of high growth in India have been associated with widening current account deficit []

12 Mar 2024 2:28 pm
India to be 3rd biggest economy in Modi govt 3.0: Fadnavis shares roadmap for Viksit Bharat 2047

Pune, March 9 (IANS) Maharashtra Deputy Chief Minister Devendra Fadnavis on Saturday shared a broad roadmap for Centres Viksit Bharat 2047 ambition and stated that the nation is set to become worlds third largest economy, sooner than later. India has already become fifth largest economy in the world. In third term of Modi government, the []

9 Mar 2024 6:37 pm
Maharashtra readies roadmap to become $1 trillion economy

Mumbai, March 8 (IANS) Maharashtras MahaYuti government, comprising the BJP, the Shiv Sena, and the Nationalist Congress Party, has firmed up a comprehensive plan to take the states economy to the $1 trillion (approx Rs 82.79 lakh crore) mark, from the present level of $433 billion (Rs 35.84 lakh crore). Deputy Chief Minister Ajit Pawar, []

8 Mar 2024 6:17 pm
Pilot drone didis gearing up to strengthen MPs farm based-economy

Drone is a symbol of a rural womens technological empowerment The rural women trained in operating drone are grearing up to positively change the prevailing farm scenario in Madhya Pradesh. Farmers will find an army of lady drone pilots to help them in spraying fertilizers and monitoring crops in sizeable fields. Rural women are flying []

8 Mar 2024 2:54 pm
Indias bio-economy grew 13-fold in the last decade: Jitendra Singh

New Delhi, March 6 (IANS) Indias bio-economy has grown 13-fold in the last decade from $10 billion in 2014 to over $130 billion in 2024, Union Minister of State (Independent Charge) for Science & Technology, said Jitendra Singh said on Wednesday. Addressing the 17th Annual International Biocuration Conference (AIBC-2024) at the Regional Centre for []

6 Mar 2024 6:07 pm
Indias growing stature in the global economy

New Delhi, March 6 (IANS) The GDP forecast upgrade by Moodys and Indias inclusion in the Bloomberg bond index have added to Indias growing importance in the global economy. Earlier this week, global ratings agency Moodys raised Indias GDP growth projection for CY24 to 6.8 per cent, as against the 6.1 per cent projected earlier. []

6 Mar 2024 5:53 pm
Indiabulls Real Estate shares down over 9 pc on order to vacate Nashik SEZ land area

New Delhi, March 6 (IANS) Indiabulls Real Estate shares are down more than nine per cent on Wednesday after Maharashtra Industrial Development Corporation (MIDC) asked the company to vacate the land area measuring 512.068 hectare in processing zone of Special Economic Zone (SEZ) at Sinnar in Maharashtras Nashik district. Indiabulls Real Estate is trading at []

6 Mar 2024 2:33 pm
Residential real estate records another fresh high

New Delhi, March 6 (IANS) Residential real estate recorded another fresh high in 3QFY24, with pre-sales of 301 mn sq. ft up 26 per cent year on year crossing the previous peak of 259 mn sq. ft in 2QFY24, as per Kotak Institutional Equities. Pricing momentum was robust, with average realisations at Rs 7,609/sq. ft []

6 Mar 2024 1:28 pm
India became fifth largest economy because of PM Modi determination: Bhupendra Yadav

Jaipur, March 5 (IANS) Bhupendra Yadav, Union minister and BJP candidate from the Alwar Lok Sabha constituency in Rajasthan, visited the state BJP office here on Tuesday and expressed his gratitude to the top leadership of the party for fielding him as a party nominee for the upcoming general elections. The minister said that India []

6 Mar 2024 12:17 am
Centre rolls out 200 CNG stations across 17 states in big push to green economy

New Delhi, March 5 (IANS) Minister for Petroleum and Natural Hardeep Singh Puri on Tuesday dedicated to the nation as many as 201 Compressed Natural Gas (CNG) stations across 17 states and Indias first small-scale LNG unit at Vijaipur in Madhya Pradesh as part of the Modi governments push towards a green economy. These stations []

5 Mar 2024 6:33 pm
Increasing women workforce key for India to become $7 trillion economy

New Delhi, March 4 (IANS) Indias goal to become a $7 trillion economy is only possible when participation of women in the workforce increases by 50 per cent, according to an expert on Monday. While millions of Indian women are working in the country, the majority are employed in unorganised sectors as daily wage labourers []

4 Mar 2024 5:32 pm
Indian economy to grow at 7.8 pc in FY25

Chennai, March 4 (IANS) The Indian economy is expected to grow at 7.8 per cent in FY25, said an economist in Bank of Baroda in a report. Citing the 7.6 per cent GDP growth estimates for FY24 by National Statistical Office (NSO), Jahnavi Prabhakar, Economist said given the strong macroeconomic fundamentals, consumption and investment are []

4 Mar 2024 2:23 pm
Flipkart launches its UPI handle to boost Indias digital economy vision

Bengaluru, March 3 (IANS) E-commerce marketplace Flipkart on Sunday launched its Unified Payments Interface (UPI) handle to further enhance its digital payment offerings for all customers, including its 500+ million customers. With Flipkart UPI, users can now set up their own UPI handle for online and offline Merchant transactions within and outside of the Flipkart []

3 Mar 2024 8:32 am