Economy
- India
India has potential to become world’s 2nd largest economy by 2031: RBI Dy Guv
Mumbai: Given the country’s innate strengths, it is possible to imagine India striking out into the next decade to become the second largest economy in the world not by 2048, but by…
- Business
Indian economy among the few where investment rates rose between 2015-2023: Report
New Delhi: The Indian economy is among the few in the region where investment rates rose between 2015 and 2023, a report showed on Monday. The broad narrative around the pick-up in…
- Middle East
Israel’s tourism industry suffers massive decline amid ongoing conflict with Hamas
Israel’s Central Bureau of Statistics released data showing that in June 2024 the country’s tourism industry has continued to see a massive decline due to the ongoing war against Hamas fighters in…
- Business
Overseas Indians’ faith grows in Indian economy with $1 billion deposits in April
New Delhi: Showing their confidence in the resilient Indian economy despite global macroeconomic conditions, non-resident Indians (NRIs) deposited around $1 billion in the country in April alone. Last year, overseas Indians deposited…
- India
RBI sees India’s economy shifting from 7 to 8 per cent
Mumbai: There is an increasing evidence of a trend upshift taking shape, which is shifting India’s growth trajectory from the 2003-19 average of 7 per cent to the 2021-24 average of 8…
- World
Sri Lanka Prez calls for cross party support for economic transformation bill
Colombo: Sri Lanka’s President Ranil Wickremesinghe on Sunday urged all political parties to support the economic transformation bill in Parliament as an urgent measure to help the crisis-hit island nation sustain its…
- Pakistan
IMF warns of high downside risks for Pakistan’s economy
Islamabad: The International Monetary Fund (IMF) has issued a stark warning about Pakistan’s economic future, highlighting exceptionally high downside risks in its latest report. The report, released ahead of talks between the…
- India
India’s net oil import bill drops 16% but import dependency hits new high
New Delhi: India’s crude oil import dropped 16 percent in the fiscal year ended March 31 as lower international rates but the dependency on overseas suppliers rose to a new high, official…
- World
Sri Lankan economy records 4.5% growth in fourth quarter of 2023: Central Bank
Colombo: After six successive quarters of negative growth, Sri Lanka’s bankrupt economy is estimated to have recorded a growth of 4.5 per cent year-on-year in the fourth quarter of 2023, the Central…
- News
PM Modi’s Kashmir visit: Rs 6,400 cr package to boost agri-economy, tourism in J&K
New Delhi: Prime Minister Narendra Modi will visit Srinagar on Thursday where he will unveil a Rs 6,400 crore package for boosting the agri-economy and tourism sector of Jammu and Kashmir, according…
- Business
‘Increasing women workforce key for India to become $7 trillion economy’
New Delhi: India’s goal to become a $7 trillion economy is only possible when participation of women in the workforce increases by 50 per cent, according to an expert on Monday. While…
- Business
India’s GDP grows at 8.4 pc in Q3; economy to expand at 7.6 pc in FY24: Govt data
New Delhi: India’s economic growth accelerated to 8.4 per cent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining & quarrying and construction sectors. The Indian…
- Featured News
Does a legally binding MSP benefit farmers, agriculture, and the economy?
The ‘Delhi Chalo’ protests by farmers revolve around the primary demand for a legally binding Minimum Support Price (MSP) for all 23 major agriculture crops, with the added condition that the MSP…