Tag: economic growth india
India needs double-digit factory growth, Bank of America says
India will need to sharply accelerate manufacturing growth to meet its long-standing ambitions for the sector, according to Bank of America economists, who point to…
India services activity expands in August, but growth remains near four-year low
New Delhi: India’s services activity expanded in August, supported by an increase in new business and stronger demand, according to a private survey released on…
Japan’s JCRA upgrades India’s sovereign rating to A-, cites strong growth, financial stability
The Japan Credit Rating Agency (JCR) has upgraded India’s sovereign credit rating by one notch to A- from BBB+, citing the country’s sustained high economic…
Industry cheers 7.8% Q1 GDP growth, economists see India’s momentum holding
New Delhi: Industry leaders and economists have welcomed India’s latest gross domestic product (GDP) numbers, terming the 7.8 per cent expansion in the first quarter…
Doomsayers doomed, India bloomed: PM Modi after Q1 GDP growth quickens to 7.8% amid global tensions
Prime Minister Narendra Modi on Monday hailed India’s 7.8% GDP growth in the first quarter of FY27 as a “herculean feat”, saying the economy delivered…
India may face China’s problem before it reaches the Dragon’s wealth
India is home to one of the world’s youngest populations. Yet the number of children being born has fallen to a level that could reshape…
Finance Minister Nirmala Sitharaman urges PSBs to sharpen youth outreach, build ahead of demand
New Delhi: Finance minister Nirmala Sitharaman on Tuesday urged public sector banks (PSBs) to develop strategies to attract the youth based on their products, regional…
India can raise per capita income six-fold by ’47: NITI Vice Chairman
New Delhi: India can increase its per capita income more than six-fold over the next two decades, making its goal of becoming a developed economy…
India’s private sector growth slows to three-month low in June as demand weakens, costs rise: HSBC PMI
New Delhi: Private sector growth in the country slowed to a three-month low in June, as increasing costs and declining demand weigh on business momentum,…
India’s productivity gap with China widens despite strong GDP growth; manufacturing leap still missing: Report
New Delhi: India‘s labour productivity gap with China has widened by more than USD 30,000 per worker since 2000, despite decades of strong economic growth,…