In a recent report released by India Ratings and Research, projections suggest that India could ascend to the status of an upper middle-income economy by…
View More India’s Economic Trajectory Towards Upper Middle-Income Statuseconomy
NITI Aayog: India’s poverty rates have significantly dropped in the last 9 years
According to an NITI Aayog discussion paper, India’s poverty rates have sharply decreased during the past nine years. The research states that India’s poverty ratio…
View More NITI Aayog: India’s poverty rates have significantly dropped in the last 9 yearsGoldman Sachs forecasts 100 million affluent individuals in India by 2027
The Goldman paper claims that a robust economy, steady monetary policy, and rapid credit expansion have all contributed to the rise in the purchasing power…
View More Goldman Sachs forecasts 100 million affluent individuals in India by 2027Assocham predicted on Indian economy being the major economy with the fastest rate of growth in the world
Assocham stated on Thursday that India is expected to continue being the major economy with the fastest rate of growth in the world in 2024…
View More Assocham predicted on Indian economy being the major economy with the fastest rate of growth in the worldIMF Predicted general government debt is projected to exceed 100% of India’s GDP in the near future
The International Monetary Fund (IMF) has expressed concern over India’s long-term debt sustainability. According to Business Standard, it warned that general government debt is projected…
View More IMF Predicted general government debt is projected to exceed 100% of India’s GDP in the near futureIndonesia proposed free entry Visas for tourists from 20 Nations
The Indonesian Ministry of Tourism and Creative Economy is pushing for a significant tourism boost by proposing complimentary entry visas for travelers from 20 countries.…
View More Indonesia proposed free entry Visas for tourists from 20 NationsDuring this festive season, retail markets in India have witnessed a record trade of Rs 3.75 lakh crore
According to the traders’ association CAIT, retail markets in India have already seen record trade of Rs 3.75 lakh crore in this festive season. According…
View More During this festive season, retail markets in India have witnessed a record trade of Rs 3.75 lakh croreDigital Economy of the country will play a major role in India’s Growth accounting for 20% of GDP by 2030
The President and Country Head of Bank of America for India, Kaku Nakhate, is optimistic that the digital economy will play a significant role in…
View More Digital Economy of the country will play a major role in India’s Growth accounting for 20% of GDP by 2030FICCI-IBA Survey: Credit growth has improved, demonstrating solid demand conditions
In the fiscal year that ended in March 2023 and the first quarter of the current fiscal year, respectively, India’s economy grew by 7.2% and…
View More FICCI-IBA Survey: Credit growth has improved, demonstrating solid demand conditionsDecline of base effects could be the cause of the slowing Indian Economy: World Bank report
Even though it will be slower than the 7.2 percent recorded in the previous fiscal year, growth is predicted to remain high at 6.3 percent.…
View More Decline of base effects could be the cause of the slowing Indian Economy: World Bank report