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 United Kingdom’s economy has encountered a challenging phase, with consecutive monthly declines in GDP marking the first back-to-back contraction since the tumultuous days of the Covid-19 lockdowns.
Indian economy is to grow at 6.6% in 2025-26, up from 6.4% in the current fiscal year, India Ratings and Research (Ind-Ra) projected on Wednesday.
The appointment of François Bayrou as France’s new Prime Minister highlights the formidable challenges facing the country as it struggles with political gridlock, economic uncertainty, and public discontent.
Union Human Resources Develop Minister Dharmendra Pradhan hailed Rajasthan for achieving high GDP rate of 11 per cent despite the adverse geographical hardships and other constraints.
It cautioned that overly aggressive targets beyond these could adversely affect India's economic growth.
