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.
The GDP growth of the country was 4.4 per cent in the October-December 2022.
State Bank of India's research report, Ecowrap said that India's growth in fourth quarter of FY23 is likely to be 5.5 per cent, which would lead to the country's growth for FY23 at 7.1 per cent.
He said that India is one of the bright spots in the global economy right now with a high growth rate. "Yes, we have a growth rate for India which is 6.8 in 2022.
The condition of minorities is worsening in Pakistan and their numbers are declining by the day. Minorities in Pakistan are severely charged with minor allegations, leading to punishments like the death penalty.
“The Indian economy continues to show strong resilience to external shocks," said Auguste Tano Kouame, World Bank's Country Director in India.
