Latest News for: india economy

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3rd largest economy in 3rd Modi term? Anatomy of India\u2019s growth

Indian Express 27 Jul 2023
The GFC hit India\u2019s economy, too, but the impact was nowhere near as disastrous as it was for the European countries ... Despite India\u2019s economy not growing as fast as it would like to (read 8%-9% per annum), even a more modest growth rate of 6% per annum will be enough for India to overtake Germany and Japan by 2027.
photo: WN / Bhaskar Mallick
India Congress MP and leader Jairam Ramesh at a press meet in Kolkata on May 24, 2015
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India becoming 3rd largest economy is ‘guaranteed’: Congress MP's retort to PM Modi

Hindustan Times 27 Jul 2023
India's emergence as the world's 3rd largest economy in this decade has been predicted for quite some time now, and its guaranteed – whichever dispensation forms the next government,” Ramesh tweeted on Wednesday evening, shortly after PM Modi's remark during a speech at the inauguration of the revamped ITPO complex in Delhi.
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‘In my third term, India will be one of world’s top 3 economies’: PM Modi

Financial Express 27 Jul 2023
Prime Minister Narendra Modi on Wednesday guaranteed that if the BJP-led NDA wins the Lok Sabha polls and he returns as the prime minister for a third term, India will be among the world’s top three economies ... In my third term, India will be among the top three economies in the world…Yeh Modi ki guarantee hai, says PM Modi.
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‘Overconfidence’, ‘arithmetical inevitability…’: PM faces backlash over ‘Modi ki guarantee’ comment

Live Mint 27 Jul 2023
Prime Minister Narendra Modi faced much criticism for his ‘yeh Modi ki guarantee’ comment where he stated that during the third term of BJP-led NDA, India will be among the top three economies in the world.'In our first term, when people gave me the responsibility, we were 'dus numbri' (10th position) in the world economy.
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PM’s ‘guarantee’: Growth to pick up in third term, says India will be third largest economy

Financial Express 27 Jul 2023
Prime Minister Narendra Modi on Wednesday laid out the blueprint for a third term of his government, and said this will be marked by faster economic growth and India becoming the third largest economy ... Chinese Taipei agrees to solve WTO dispute with India. “In 2014 India was the 10th biggest economy in the world and now it is the 5th largest economy.
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Morning brief: Congress MP counters PM's 3rd largest economy ‘vow’, and all the latest news

Hindustan Times 27 Jul 2023
India becoming 3rd largest economy is ‘guaranteed’ ... India's emergence as the world's third-largest economy is ‘guaranteed,’ and this is true regardless of who forms the government post the 2024 elections, Congress' Jairam Ramesh asserted, responding to prime minister Narendra ...
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IMF upgrades its economic forecast for India, China's post-pandemic recovery weakens

Beijing News 27 Jul 2023
According to the IMF's July World Economic Outlook update, India remains the world's fastest-growing major economy, with a 6.1 per cent expansion this year, up 0.2 percentage points from the IMF's April forecast. According to the IMF, India will contribute for around one-sixth of overall world growth this year.
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Lào Cai ready to welcome Indian investors: provincial official

Vietnam News 27 Jul 2023
... trade and tourism promotion conference between the province and India held in New Delhi on Tuesday ... Ambassador to India Nguyễn Thanh Hải affirmed that the relationship between Việt Nam and India is prosperous in all fields, particularly in economy, trade, investment, and tourism.
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Jio Financial Services, BlackRock to launch asset management venture

Indian Express 27 Jul 2023
India's Jio Financial Services, part of billionaire Mukesh Ambani led Reliance Group, and U.S.-based BlackRock Inc will form a 50.50 joint venture to launch asset management services in India ... Despite strong growth, penetration of financial investment products in India is low relative to the size of the economy.
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Indian state’s new tax on digital platforms sets gig workers against firms

Al Jazeera 27 Jul 2023
In 2020, the Code on Social Security – a federal code consolidating all labour laws in India – added a section on the gig economy, putting obligations on platform companies to create a social security fund with contributions between one and two percent of their annual revenue.
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Daily briefing: Opposition\u2019s no-trust vote against Govt; anatomy of India\u2019s economic growth; and more

Indian Express 27 Jul 2023
Must Read PM Modi Wednesday assured that India will be among the top three economies of the world in his third tenure. The data sourced from the International Monetary Fund show that India is indeed forecast to become the third-largest economy by 2027 as it is expected to overtake ...
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Commonwealth needs India's vision and strength to deliver, says Secretary-General Patricia Scotland

Beijing News 27 Jul 2023
"I think this is an incredibly important moment for us in the Commonwealth having India's leadership ... There's a lot of aspiration and trust that's being invested in India, as now the fifth largest economy in the world, to help those who are vulnerable and small, to believe that change is possible and justice is deliverable.
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Meta\u2019s Nick Clegg writes: Why AI must not be controlled by a few corporations

Indian Express 27 Jul 2023
But while India remains a hotbed of tech talent, many of the big companies with the vast computing power to build new AI models are based in Silicon Valley, not Mumbai or Delhi \u2014 for now, at least ... Embracing an open approach to AI technologies can turbocharge India\u2019s digital economy ... Meta views India with a very special lens.
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Allahabad HC to resume hearing on plea against ASI survey on Gyanvapi premises

DNA India 27 Jul 2023
The Allahabad High Court will on Thursday resume hearing on a plea against a Varanasi district court order directing the Archaeological Survey of India (ASI) to conduct a survey to determine if the Gyanvapi mosque was built upon a temple ... India will be among world's top 3 economies in my third term.
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Praj Industries sees global orders drive growth, posts Rs 58 crore profit in Q1 FY2024

Financial Express 27 Jul 2023
During the quarter, the company received new orders worth Rs 1,101 crore, of which 35 percent was from international markets. Follow Us ... They are betting on India’s agrarian economy to help reduce import dependence and also cut down on emissions. .

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