The Eastern path~I
India's Act East policy was launched in 2014. As pointed out by Prime Minister Modi, it rests on four pillars: Culture, Commerce, Connectivity and Capacity.
India's Act East policy was launched in 2014. As pointed out by Prime Minister Modi, it rests on four pillars: Culture, Commerce, Connectivity and Capacity.
India’s economic outlook remains resilient, but it’s clear that a complex interplay of global and domestic pressures demands careful navigation.
Reserve Bank of India Governor Shaktikanta Das has signalled a cautiously optimistic stance on inflation management, underscoring the dual focus on growth and price stability.
The Indian economy could grow between 7-7.2 per cent in the current fiscal on strong government spending, and higher manufacturing investments, Deloitte India said on Tuesday.
The country is expected to become a $4 trillion economy in 2024–2025, which would make it the world's fourth-largest economy.
Around 150 years ago, British PM Benjamin Disraeli said: “There are three types of lies ~ lies, damn lies, and statistics” ~ a statement as true today as it was the day it was made. A recent example would suffice.
Green shoots of recovery in rural markets, improving employment conditions and sustained momentum in manufacturing and services sectors augur well for consumption demand in the near term, the report said.
Attacking Congress, he said that they worked to give constitutionally backward class reservation to Muslims.
The better outlook is fueled by lower inflation, robust exports, and increased foreign investments, Hamid Rashid, the chief of the UN’s Global Economic Monitoring Branch, said on Thursday.
The Indian economy is displaying robust growth post Covid pandemic despite continued global headwinds, the industry body said.