Union Minister of State for Commerce and Industry, Jitin Prasada, on Wednesday credited Prime Minister Narendra Modi for hosting the three-day 'Semicon India 2024' at Greater Noida
India’s services sector, which has assumed a key role in its economy, continues to demonstrate remarkable resilience, with growth accelerating to a five-month high in August.
Dr SP Sharma, Chief Economist and Deputy Secretary General of PHDCCI, said that India is a very resilient economy that will continue to grow rapidly in the future.
India's economic growth has been remarkable in recent years, earning it the title of the world's fastest-growing major economy. Yet, beneath this headline success lies a significant challenge: job creation.
India’s manufacturing sector, a key pillar of the nation’s economic growth, is showing signs of a slowdown, raising concerns about the trajectory of the broader economy.
The Bank of England has warned the UK risked being plunged into the longest recession in 100 years after it pushed up the cost of borrowing to 3 per cent in the biggest single interest rate rise since 1989.
The report titled 'Why This Is India's Decade' looked at the trends and policies shaping the future of India's economy. The four global trends -- demographics, digitalization, decarbonization, and deglobalization are favouring what it termed as New India, the report said. It said India would drive a fifth of global growth through the end of this decade.
In the era of globalisation Indian agriculture will face increasing competition. During the initial period of the Green Revolution agricultural extension played a crucial role in carrying the message to the various states.
The approval of building plans for standalone industries will be issued by the Director of Factories adhering to Punjab Urban Planning and Development Building Rules, 2021, said H&UD Minister, Aman Arora.
Economists worldwide would agree that differences in institutions serve as the main determinants of prosperity among countries. There is also enough empirical evidence to show that some countries undergo political transitions and reform their institutions to move into enduring paths of economic development.
