MoSPI: India’s GDP grows 7.8% in Q4, FY24 growth to be 8.2%

NEW DELHI: India’s real GDP (Gross Domestic Product) witnessed a growth rate of 7.8% in the fourth quarter of FY24. While, the real GDP is estimated to grow at 8.2% in FY24, far higher than a GDP of 7.0% in FY23. These estimates were released in the latest report by MoSPI (Ministry of Statistics and […]

Raghuram Rajan: Can India grow rich before growing old?

“By 2047-2050 we are going to start growing old. Are we going to be rich by then? Not at 6-6.5 per cent growth,” he said.

India poised to lead AI innovation, PM Modi forecasts

NEW DELHI:In a compelling conversation, Prime Minister Narendra Modi heralded India’s burgeoning youth talent pool as the driving force behind groundbreaking innovations in artificial intelligence (AI), propelling the nation towards global leadership in technological advancement. Speaking candidly in a media interview, PM Modi underscored India’s imminent emergence as a frontrunner in AI innovation, leveraging the […]

RBI holds repo rate steady at 6.5% amidst optimistic economic projections

This decision marks the sixth consecutive time that the RBI has refrained from altering the rate for the financial year 2023–24, underscoring stability in monetary policy.

2024 Budget shows Modi’s confidence

As the nation navigates the challenges of the 21st century, this budget serves as a roadmap for realizing the aspirations of millions of Indians and building a brighter future for generations to come.

Goldman Sachs predicts slump in India’s GDP in Q2 of 2024

Goldman Sachs released a report on Tuesday, projecting a slight dip in India’s real GDP growth rate, estimating it to be 6.3 per cent in 2024, a marginal decrease from the 6.4 per cent growth anticipated for 2023.  The report suggests that the economic narrative in the coming year will unfold in two distinct halves. […]

‘Atma Nirbhar Bharat’: India’s Exports to China Jump by 34%, Imports Decline

New Delhi: At a time when India is making great strides towards exemplifying Prime Minister’s ‘Atma Nirbhar Bharat’ credo, India’s exports to China have increased substantially in the last two years. From $17.1 billion in 2019, the exports have soared to $22.9 billion in 2021 — a growth of 33.9%. That has happened despite the […]