NEW DELHI: External affairs minister, S Jaishankar, citing a Goldman Sachs study said that India is on track to reach a significant milestone by 2030, becoming the world’s third-largest economy.Addressing the NDTV World Summit 2024: The India Century on Monday, Jaishankar elaborated on the study’s projections, which estimate India’s economy to grow to an impressive…
Smoke rises from an Israeli airstrike that hit the southern suburb of Beirut, Lebanon. (AP Photo) NEW DELHI: Tensions in the Middle East surged after Iran launched a barrage of nearly 200 missiles on Israel, following an Israeli strike on Hezbollah in Lebanon. The region is now on high alert, with the world waiting to…
NEW DELHI: Recent developments indicate strong foundation of macroeconomic stability in India with steady growth, investment, employment, and inflation trends, and a strong and stable financial sector, a finance ministry report said on Thursday. However, it cautioned that the challenge is in navigating the continuing uncertainty in global economic prospects.“We will likely encounter a cycle…
India Q1 GDP growth: India’s economic growth slowed to 6.7% year-on-year in the April-June quarter, falling short of the 6.8-7% GDP growth expected by most economists. The slowdown was attributed to reduced government spending during the national elections. However, India maintained its position as the fastest-growing major economy, outpacing China’s 4.7% growth in the same…
NEW DELHI: India needs an additional 400 million women in the workforce by fiscal year 2047 to contribute $14 trillion to the economy, nearly doubling the current female labour force participation rate (LFPR) from 37 per cent to 70 per cent, according to a new report by The/Nudge Institute.According to The Labour Force Participation Distillation…
NEW DELHI: India may take nearly 75 years just to achieve one-fourth of US income per capita, as per a recent World Bank report that offers the first extensive blueprint for developing countries to overcome the “middle-income trap.”More than 100 countries, including India, China, Brazil, and South Africa face serious challenges in becoming high-income countries…
