Gdp

News and Trends

Cooperatives Sector to Create 55 Million Jobs and 10% GDP Contribution by 2030

Data from the Indian Cooperative Movement report published in 2018 highlights that direct employment generated by cooperatives grew from 1.2 million in 2007-08 to 5.8 million in 2016-17, marking a compound annual growth rate (CAGR) of 18.9 per cent.

News and Trends

India's Economy Set to Grow by 7% in 2024-25, Boosted by Strong Industrial and Service Sectors: ADB Report

The central government's debt is expected to decrease from 58.2 per cent of GDP in FY 2023-24 to 56.8 per cent by FY 2024-25, while the general government deficit, including state governments, is predicted to fall below 8 per cent of GDP

News and Trends

India's Goal Is To Make Technology 20-25% Of GDP By 2025-26: Rajeev Chandrasekhar

Over the last five years, in particular, during and after COVID-19, the Indian innovation economy has grown from 4-5% in 2014 to 10%today

News and Trends

RBI Annual Report FY23 Highlights GDP Growth, Currency In Circulation And RBI's Annual Income

The report provides information on the RBI's functioning through the fiscal year as well as the state of the economy

News and Trends

World Bank Cuts India's Growth Forecast For 2023-24: Report

The World Bank also signified that the Indian government is likely to meet its fiscal deficit target of 5.9% of GDP in 2023-24

News and Trends

Indian Economy Is Likely To Grow 6.5% In Coming Decade, Says CEA

According to him, the global exports growth volumes may be somewhat tepid in terms of their growth rates due to the kind of uncertainties the world is facing

News and Trends

GDP Growth May Top 7% This Fiscal Year, Says CEA

According to the second advance estimate released by the National Statistical Office (NSO) maintained the growth projection of 7% as was projected in the first advance estimate which was released in January

News and Trends

Indian Economy Will Contribute 15% Of Global Growth In 2023, Says IMF MD

Kristalina Georgieva further noted that India continues to be a shining light at a time when the IMF expects 2023 to be challenging due to a slowdown in global GDP from 3.4% last year to 2.9% in 2023

News and Trends

Employees With Advanced Digital Skills Contribute $507.9 Billion To India's GDP: AWS Report

The workers' digital caliber reported 92% higher salaries compared to those with a similar education who do not use digital skills at work

News and Trends

India's Startups Likely To Contribute 4 -5% Of GDP In Five Years: Report

The report is an endeavour to highlight the impact made by startups on the Indian economy; the latent opportunities; and also, the ecosystem's inherent ability to foster inclusivity, sustainability and growth

News and Trends

India's GDP Growth Slows To 6.3 Per Cent In July-September Quarter

The chief economic advisor V Anantha Nageswaran, on Wednesday, has said that the Indian economy is on track to achieve a 6.8 to 7 per cent GDP growth in the current fiscal

News and Trends

India's Export Declined By 3.52 Per Cent In September: Ministry Of Commerce Report

The report also added that the trade deficit during the first six months of the fiscal has widened to $149.47 billion

News and Trends

Indian Economy Likely To Grow At 7.5 Per Cent, Says Finance Secretary

As per reports, RBI has projected a growth rate of 7.2 per cent for the current financial year

Finance

India Inc's Path Towards Being Atmanirbhar

While India remains to be one of the fastest-growing economies in the world, the pandemic created an unexampled impact on individuals, enterprises and the government alike

News and Trends

RBI Hikes Repo Rate By 50 Basis Points

The Monetary Policy Committee focuses on ensuring that inflation remains within the target range, while supporting growth