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.
He encouraged students to take inspiration from Rabindranath Tagore
The Economic Survey seems to have deliberately ignored adverse facts. While talking about robustness of the IT sector, no mention is made of the unprecedented global slowdown that has seen revenue losses and record lay-offs in global market leaders like Netflix, Meta, Amazon, Microsoft, Alphabet, and Apple which are directly affecting the Indian IT Sector, bringing the NIFTY IT down 11.4 per cent y-o-y, and leading to approximately 25,000 lay-offs
The adverse factors affecting the US and European economies put our own economy at risk. To enumerate: the Indian economy faces the danger of capital outflow because of higher US interest rates. Then, we are importing inflation through higher cost of imported goods and because household incomes in the West are falling, our own exports are unlikely to rise in the short run, ruling out a quick solution to the CAD problem
In the 96th edition of his monthly 'Mann Ki Baat' program, Narendra Modi said the year 2022 has indeed been very inspiring and wonderful in many ways.
With gloomy global economic outlook, Moody's Investors Service turned moody on Friday and cut 2022 gross domestic product (GDP) projections for India to 7 per cent and projected 2023 at 4.8 per cent.