Union minister for petroleum and natural gas Hardeep Singh Puri on Friday said Energy has become the spinal cord for economic growth and development, and India is poised to lead the global hydrogen energy production and export.
In the second quarter of 2024, India’s real GDP expanded 6.7% year-over-year, fueled by a resurgence in household consumption, increased investment, and solid manufacturing activity.
At least 20 per cent of India’s economy will be digital by 2026-27 from the current 10 per cent, Union Minister for Communications, Jyotiraditya Scindia, said on Monday
The Nobel Prize winning Columbia University economist Edward Phelps maintains that innovation is the key to economic growth, prosperity and human happiness.
Indians are ambitious and self-confident today. There’s a palpable air of hope and optimism all over the country. Thousands of Adanis and Ambanis are in the making. Driven by a diverse population, a rapidly growing economy, and an expanding geopolitical presence, India has the will power and visionary leadership to strengthen its position as a responsible, stable, and dynamic global leader.
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 South China Sea has emerged as a flashpoint as several countries have claims to certain portions of this maritime space. While some Southeast Asian countries make claims to the oceanic space in the South China Sea that falls within their respective Exclusive Economic Zones, China makes a claim on almost its entirety.
While trying to understand how MSMEs can grow fast and create jobs – India’s foremost economic challenge we came across a remarkable example. Mr Jain, owner of an apparel firm from Mumbai turned a modest Rs 15 crore operation into a Rs 250-crore powerhouse in less than eight years.
