In a major achievement, Uttar Pradesh’s economy has more than doubled, rising from Rs 12.88 lakh crore in 2017 to Rs 27.51 lakh crore today, all without raising taxes.
“Car purchases in India are largely limited to the top 12% of households with an annual income exceeding Rs12 lakh, while even small cars have become unaffordable for the remaining 88%."
India’s services sector, long the linchpin of its economic dynamism, is showing signs of moderation.
India will remain the fastest growing economy among the advanced and emerging G-20 countries and the large size of its domestic market makes the country less vulnerable to potential shocks from US tariff policy.
In its Economic Outlook for Asia-Pacific (APAC), S&P said that despite these external strains, it expects domestic demand momentum to remain solid in most emerging-market economies.
Car sales figures for October from the Pakistan Automotive Manufacturers Association (PAMA) show that just 6200 units were sold in Pakistan, down from 8400 units in September
The US Federal Reserve’s decision to maintain interest rates between 5.25 and 5.50 per cent has left the financial world in a state of uncertainty.
India is likely to surpass Japan to become the world's third-largest economy with its GDP doubling to $7.3 trillion by 2030, according to the latest S&P Global Market Intelligence report.
Biden administration officials have expressed their bewilderment at the persistently poor rating the US president has received for his management of the economy.
India’s sporting dreams didn’t extend farther than cut-price continental shows which we fussed over a good deal. It was a world away from the ivory tower Jennings wrote about.
