India's real GDP in the third quarter (Q3) of FY 2024-25 is projected to expand at a rate of 6.2 per cent, data from the Ministry of Statistics and Programme Implementation (MoSPI) said on Friday. This marks a spike from the GDP growth of 5.4 per cent in the last quarter.
To achieve a growth of 6.5-7%, India has to maintain a tax buoyancy in the range of 1.2-1.5, a EY report said on Wednesday.
India's budget for FY 25-26 may be perceived as a balancing act. While the increase in capital expenditure in the current budget has been similar to the budgets of previous years, there has been a shift to a more consumption-led path.
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.
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.
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.
