ICRA projects GDP to dip 6.5% YoY in Q2FY25
It said, this is due to the heavy rains and weak margins offsetting the buoyancy injected by the turnaround in Government capital expenditure and healthy trends in kharif sowing.
It said, this is due to the heavy rains and weak margins offsetting the buoyancy injected by the turnaround in Government capital expenditure and healthy trends in kharif sowing.
As Bhutan embarks on her ambitious journey of creating a “Mindfulness City,” what will ensure the success of such a city? The answer lies not merely in the architecture, green spaces, advanced infrastructure or people, but in its inhabitants’ mindset or cultivation of mind.
The German economy is expected to significantly underperform the eurozone average until at least 2026, according to the European Commission's Autumn Forecast released on Friday.
India's economic growth, celebrated in aggregate terms, hides an uncomfortable truth: much of this progress has bypassed the majority of the population, particularly in rural areas.
A recent IMF report offers key insights for India amid an increasingly debt-laden global economy.
Notably, in the Interim Budget, the government targeted a fiscal deficit of 5.1% of GDP for FY25.
Leading global investment banking and securities firm Goldman Sachs in a note said the upcoming budget is likely to stick to the path of fiscal consolidation
Nauru, touted as the wealthiest nation in terms of GDP during the 1980s, is now described as one of the world's poorest and least visited countries.
Union Culture and Tourism Minister Gajendra Singh Shekhawat on Sunday said that the government will work towards increasing the contribution of tourism to GDP to 10 per cent from the current 6.2 per cent.
Net invisibles receipt was higher during 2023-24 than a year ago, primarily on account of services and transfers.
