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Science/Tech / Daily Excelsior

India needs to grow at average 7.8 pc to become high-income country by 2047: World Bank

NEW DELHI, Feb 28:India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled Becoming a High-Income Economy in a generation. Recognizing Indias fast pace of growth averaging 6.3 per cent between 2000 and 2024, the [] The post India needs to grow at average 7.8 pc

28 Feb 2025 3:23 pm
India Needs To Grow At Average 7.8% To Become High-Income Country By 2047: World Bank

New Delhi, Feb 28: India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled Becoming a High-Income Economy in a generation. Recognizing Indias fast pace of growth averaging 6.3 per cent between 2000 and 2024, the [] The post India Needs To Grow At Average 7.8% To

28 Feb 2025 1:46 pm
Ola Electric accelerates profitability drive axing regional warehouses, optimizing costs

NEW DELHI, Feb 27:Ola Electric has eliminated its regional warehouses across India, and will now leverage its 4,000 retail stores nationwide for maintaining vehicle inventory, spare parts, accessories, and last-mile deliveries. The strategic move is expected to boost EBITDA margins by almost 10 percentage points, besides improving inventory management and faster customer deliveries, sources directly familiar with the matter said. Ola Electric is redesigning its distribution network and optimizi

27 Feb 2025 11:38 am