Moody's Ratings on Wednesday said India's power sector, which is the biggest carbon emitter, will need massive USD 700 billion investment over the next 10 years to help the country achieve its 2070 net-zero pledge.
These companies value higher than the GDP of India and the combined GDPs of UAE, Indonesia, and Spain.
ICRA projected the economy to grow at 6.4 per cent in Q3 from 5.4 per cent in Q2, benefitting from enhanced government spending amid uneven consumption.
India's agriculture sector is the backbone of the nation, directly or indirectly supporting nearly half the population.
The World Bank (WB) has warned that climate change could erode up to 12 per cent of Zimbabwe's Gross Domestic Product (GDP) annually if the country does not implement robust measures to tackle the phenomenon.
In 2024, India is projected to grow at 6.2% supported by robust domestic demand and strong growth in the manufacturing and services sectors, the United Nations said.
The US and the global economy may face major challenges in 2024 though they have proved to be surprisingly resilient in the past year.
As we approach the end of fiscal year 2023-24, the Centre is steering its economic ship through turbulent waters, aiming to achieve a fiscal deficit target of 5.9 per cent of Gross Domestic Product (GDP).
In the realm of global economics, India is silently orchestrating a logistics revolution that is reshaping its competitiveness on the world stage.
In the realm of safety, regulatory, and policy considerations, fostering a hydrogen economy is imperative as safety serves as the linchpin for its promotion.
