Economy
- Business
Indian telcos to spend $19.5 bn on 5G infra by 2025: GSMA
New Delhi: The telecom carriers in India are expected to invest around $19.5 billion in the development of advanced infrastructure for 5G by 2025, according to a GSMA report. The report showed…
- India
Finance ministry to kick-start budgetary exercise from October 10
New Delhi: The finance ministry will kick-start the exercise to prepare the annual budget for 2023-24 from October 10 in the backdrop of revival of the Indian economy and fears of recession…
- India
India will be second largest economy in the world by 2047: Commerce Secretary
New Delhi: Within a few years from now India will be among the top four economies globally and by 2047 it will become the second largest economy in the world, Commerce Secretary…
- News
India set to become 3rd largest economy by 2029
Mumbai: India is expected to become world’s third largest economy by 2029 due to the path taken by the country since 2014, SBI Ecowrap report said. The share of India’s GDP is…
- India
Take steps to galvanise economy: Kerala CM to Centre
Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Saturday urged the Central government to make the States take up what he called as productive spending to galvanise the economy of the country. Speaking…
- World
UK slips behind India to become world’s 6th biggest economy
London: Britain has dropped behind India to become the world’s sixth largest economy, according to Bloomberg. India toppled the UK from its position in the final three months of 2021 to become…
- Business
Commanding heights of India’s economy up for grabs in battle between Adani and Ambani
New Delhi: Gautam Adani and Mukesh Ambani, both billionaires, have in recent years become the best-known faces of Indian business. To supporters, they are patriotic nation-builders, using their sway and resources to…
- Business
SBI Ecowrap revises annual GDP growth for FY23 to 6.8%
Mumbai: A report by the SBI Ecowrap has now revised its annual GDP growth for FY23 to 6.8 percent, a large part of which is a statistical adjustment with growth momentum likely…
- Pakistan
Floods inflict $10bn loss on Pakistan
Islamabad: The devastating flash floods in Pakistan have inflicted a loss of at least $10 billion on different sectors of the countrys struggling economy, according to Minister for Finance Miftah Ismail. Miftah…
- India
TN joins other states to help achieve Centre’s target of $5 trillion economy
New Delhi: As several states have lined up strategies to make India a $5 trillion economy by 2026-27, Tamil Nadu — one of the most developed states of the country — has…
- World
US economy looks up as supply chains ease
Washington: The US economy has begun to look up with gas prices falling every day and shipping bottlenecks easing, due to President Joe Biden’s recent legislative actions and his signature on the…
- World
Chinese premier acknowledges slowing economy, cites unexpected shocks
Beijing: Amid an economic slowdown, China must adopt special measures in order to offset “shocks beyond expectation” in the second quarter, says Premier Li Keqiang. “Now is the most critical juncture for…
- India
President Murmu: India is among the fastest growing major economies in the world
New Delhi: India is among the fastest growing major economies in the world, President Droupadi Murmu said in her maiden address to the nation on Sunday, adding that India has made unprecedented…