Thu, Feb 08, 2024
Martin Raiser, World Bank VP for South Asia, highlighted India's potential to pioneer a sustainable growth model with modest emissions. He emphasized India's unique opportunity, driven by technology and a service-oriented economy, to achieve high growth while minimizing emissions. Raiser expressed optimism about India's ability to leverage domestic innovation and strong capital markets through partnerships to realize this goal.
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Wed, Nov 27, 2019
Even though the gross domestic product (GDP) growth might have slowed, the country had not entered a recessionary phase, said Finance Minister Nirmala Sitharaman in Parliament on Wednesday.
Mon, May 15, 2017
In just 7 sectors of India, the illicit trade of fake goods has crossed Rs 1.05 lakh crore, representing a multi-billion-dollar industry globally that continued to grow. FICCI CASCADE reports found that approximately 8-15% of India's GDP was made up of fake goods dealings.
Sun, Apr 23, 2017
"GST is expected to raise overall Indian welfare and is projected to be an inclusive policy in that it would be welfare improving for all Indian states," the paper dated March 24 said.
Thu, Apr 06, 2017
RBI's repo and reverse repo rates are kept unchanged at 6.25% and 5.75% respectively, where it has been since October 2016. Marginal standing facility (MSF) rate and bank rate at 6.75% each.
Fri, Mar 31, 2017
DBS has predicted India's GDP growth to pick up again to 7.6% next year on improving consumption, timely rains, higher public sector spending, and better export growth.
Wed, Feb 22, 2017
SBI's chief economic adviser Dr Soumya Kanti Ghosh in its Ecowrap report has said India's GDP will be at 5.8% in the third quarter (Q3) and will recover to 6.4% in the fourth quarter (Q4) of FY17.
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