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.
The RBI has also showcased good numbers for the gross domestic product (GDP) and inflation.
Should the world de-grow to delay hitting the limits of growth? There is a growing outcry that the relentless push for GDP growth is causing social inequity and irredeemable planetary damage.
US economic growth was even stronger in the third quarter than previously estimated, underscoring the economy’s remarkabale resilience in the face of elevated inflation and high borrowing costs earlier this year, a media report said.
The Eurozone is poised to escape a severe contraction, a relief in itself, yet the growth figures projected for the coming year are far from inspiring.
Goldman Sachs highlighted that India's real GDP growth will decline marginally to 6.3 per cent in 2024 from the 6.4 per cent estimated for 2023 citing the upcoming Lok Sabha elections.
