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Economy / The Shillong Times

India rated fastest growing G20 economy with GDP growth projected at 7 pc for 2024

New Delhi, Nov 18: India is projected to be the fastest growing economy among the G20 countries with a 7 per cent GDP growth rate for 2024, followed by Indonesia in the second spot with 5 per cent while China is ranked third with an economic growth rate of 4.8 per cent. India takes the [] The post India rated fastest growing G20 economy with GDP growth projected at 7 pc for 2024 appeared first on The Shillong Times .

18 Nov 2024 5:17 pm
Real estate devp lags in city

By Our Reporter SHILLONG, Sep 26: As Guwahati continues to aggressively develop real estate infrastructure to address space constraints, Shillong has yet to adopt a similar approach, leaving its residents struggling to find adequate housing. Despite the growing demand for homes in the hill city, real estate developers have shown little interest in investing due []

27 Sep 2024 2:07 am
Record forex reserves to boost economy, promote domestic trade: Industry

New Delhi, Aug 31: The record all-time high level of Indias forex reserves will create external sector resilience and boost economy across sectors, industry experts said on Saturday, as the countrys forex reserves surged $7.023 billion to touch a new high of $681.68 billion in the week ended August 23. Sanjeev Agrawal, President, PHD Chamber [] The post Record forex reserves to boost economy, promote domestic trade: Industry appeared first on The Shillong Times .

31 Aug 2024 12:53 pm
Indias space economy to soar from $8 bn to $44 bn in next 10 years: Jitendra Singh

New Delhi, Aug 23: From the current $8 billion, Indias space economy is expected to surge to $44 billion in the forthcoming 10 years, Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology said here on Friday. Speaking at the celebration of the first-ever National Space Day at Bharat Mandapam, Singh [] The post Indias space economy to soar from $8 bn to $44 bn in next 10 years: Jitendra Singh appeared first on The Shillong Times .

23 Aug 2024 5:02 pm
Indian economy is on upswing: Finance Ministry

Shillong, August 22: The Indian economy experienced a notable upswing across various economic indicators in July 2024, signalling strong and resilient business activities with both the manufacturing and services sectors posting a robust performance, according to the Finance Ministrys monthly review released on Thursday. The month saw impressive milestones being reached, substantial growth in [] The post Indian economy is on upswing: Finance Ministry appeared first on The Shillong Times .

22 Aug 2024 6:52 pm
Union Budget aims to bolster NEs economy : Sonowal

Shillong, July 27: Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal took part in a discussion on the Union Budget, 2024-25 with the leaders of business community, youth as well as women from the region in the city today. The discussion revolved around provisions of the Union budget 2024 that is set to unroll [] The post Union Budget aims to bolster NEs economy : Sonowal appeared first on The Shillong Times .

27 Jul 2024 6:20 pm
FM cuts fiscal deficit to 4.9 pc to keep economy on stable growth path

New Delhi, July 23: Presenting the Union Budget 2024-25 in the Parliament on Tuesday, Finance Minister Nirmala Sitharaman fixed the fiscal deficit at 4.9 per cent of GDP despite higher allocations for social welfare schemes due to robust tax collections in a fast-growing economy. Sticking to the fiscal consolidation path will help ensure a stable [] The post FM cuts fiscal deficit to 4.9 pc to keep economy on stable growth path appeared first on The Shillong Times .

23 Jul 2024 3:42 pm