GDP
- Middle East
Palestine’s GDP shrinks 28 pc, unemployment up to 51 pc in 2024
Ramallah: Palestine’s gross domestic product (GDP) contracted by 28 per cent and its unemployment rate increased to 51 per cent in 2024, the Ramallah-based Ministry of Economy said in a statement. “The…
- India
Indian housing sector to contribute 13 pc to national GDP by 2025: Report
New Delhi: The housing sector in the country is expected to contribute 13 per cent to the national GDP by 2025, reflecting its resilience and potential, according to a report on Friday.…
- Technology
India’s job market: Emerging tech roles to rise 20%, GenAI salaries soar
New Delhi: Indian IT/tech ecosystem is projected to contribute 10 per cent to India’s GDP by 2025, with at least 20 per cent rise in emerging tech roles next year, a report…
- Business
NITI Aayog rolls out S.A.F.E. housing roadmap for industrial workersto boost growth
New Delhi: NITI Aayog on Thursday released a comprehensive report on the crucial role of secure, affordable, flexible, and efficient (S.A.F.E.) accommodations for industrial workers in boosting India’s manufacturing sector. India is…
- Business
RBI leaves repo rate unchanged, cuts GDP forecast
Mumbai: The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the 11th time in a row but sharply lowered the GDP growth forecast to 6.6 percent…
- Business
July-September GDP may be revised upwards
New Delhi: Chief Economic Advisor V Anantha Nageswaran on Thursday said economic activity in some sectors have picked up pace during October-November and a GDP growth of 6.5-7 per cent in the…
- India
Family businesses indispensable for India to become USD 5 trillion economy: Jitendra Singh
New Delhi: The role of family businesses is indispensable in achieving India’s vision of becoming a USD 5 trillion economy and a developed nation by 2047, Union Minister Jitendra Singh said on…
- Business
Sharp GDP rebound expected driven by private capex, agri growth, buoyant consumption
New Delhi: The dip in India’s Q2 GDP growth is temporary, driven by seasonal monsoon effects and election-related factors, and should begin to correct by January-March period (Q4) FY25, according to industry…
- Business
Rupee crashes 13 paise to settle at record low of 84.60 against US dollar
Mumbai: The rupee plunged 13 paise to settle at a fresh all-time low of 84.60 against US dollar on Friday, dragged down by unabated foreign fund outflows even as weak domestic macroeconomic…
- India
India’s GDP growth slows to 5.4 pc in July- Sept: Report
New Delhi: India’s economic growth slowed to a near two-year low of 5.4 percent in the July-September quarter of this fiscal year due to poor performance of the manufacturing and mining sectors…
- Business
India’s GDP to grow 6.5-7 pc through FY27 over infra, consumption push: Report
New Delhi: India’s GDP will expand 6.5-7 percent annually in the next three fiscal years (2025-2027), and the country’s good economic growth prospects will continue to support banks’ asset quality, according to…
- Business
India’s growth story remains intact, real GDP likely to grow at 7.2 pc in FY25: RBI Guv
New Delhi: India’s growth story remains intact as its fundamental drivers – consumption and investment demand – are gaining momentum, the RBI Governor Shaktikanta Das has stressed, adding that the country is…
- Middle East
Saudi GDP down 0.3 per cent year-on-year in Q2: Report
Saudi Arabia announced on Sunday a 0.3-per cent year-on-year decrease in real gross domestic product (GDP) for the second quarter of 2024, mainly due to an 8.9-per cent year-on-year drop in oil…
- India
Developers driving GDP growth in AI era: GitHub CEO
New Delhi: Developers are driving GDP growth and in the era of artificial intelligence (AI), India is set to surpass the US to become the largest software developer community globally by 2027,…
- India
India’s GDP grows by 6.7 pc in Q1, lowest in 5 quarters
New Delhi: India’s gross domestic product slowed to a five-quarter low of 6.7 per cent in April-June this fiscal against 8.2 per cent in the year-ago period, mainly due to poor showing…
