BUSINESS
India to Emerge as High-Income Nation with $23–$35 Trillion GDP by 2047
With almost 200 million workers likely to enter the labor force over the next few decades, India has a singular chance to generate high-value employment and realize significant economic potential.
India Set to Remain World's Fastest Growing Economy in 2025-26: RBI Bulletin
The 2025-26 Union Budget is characterized by balancing fiscal consolidation and growth on prudent lines. The budget reaffirms its emphasis on capital expenditure (Capex) while also formulating strategies for increasing household income and consumption.
Trump Slams Zelenskyy as 'Dictator Without Elections,' Warns Him to Act Fast or Lose Ukraine
Trump spoke after Zelenskyy had made statements on the same day, declaring that the US president was moving in a "disinformation space.
India’s CNG Vehicle Fleet Triples to 7.5 Million in 8 Years Amid Green Push: Crisil
With this boom, the number of CNG vehicles on Indian roads is likely to touch 7.5 million—almost three times the 2.6 million in fiscal 2016—equating to a Compound Annual Growth Rate (CAGR) of around 12%, according to the report.
NRI Account Deposits Surge 43% to $13.33 Billion Between April and December
Consequently, outstanding NRI deposits stood at $161.8 billion as of December 2024, from $146.9 billion in the corresponding period last year.
Trump Set to Announce Tariffs on Cars, Chips, and Pharmaceuticals Within a Month
His campaign for new levies will aim to trim America's trade deficits, beef up domestic production, and fund overall policy initiatives.
Salaries in India Expected to Rise by 9.2% in 2025, Driven by Manufacturing and GCC Sectors
With continuing world uncertainties and decelerating growth, the 9.2% growth is a modest decline from 9.3% growth in 2024. India's salary increases will stabilize in 2025, according to Aon's new "Salary Increase and Turnover Survey 2024-25 India."
SBI Forecasts India’s GDP Growth at 6.3% for Q3 of 2024-25
Based on SBI research paper, issued yesterday, the softening which took place during second quarter (Q2) has been construed as a "blip."
India's Mobile Exports to Surpass ₹1.8 Lakh Crore in FY25, Marking 680% Growth Since PLI Launch
During April to January of this financial year, the nation has already seen ₹1,50,000 crore worth of mobile exports, while January alone contributed more than ₹25,000 crore, according to data with the India Cellular and Electronics Association (ICEA).
India-UAE Trade Soars to $83.7 Billion in Two Years Following Economic Pact
According to the Ministry of Commerce and Industry, the two-way trade virtually doubled to $83.7 billion in the year 2023–24 from $43.3 billion in FY 2020–21.
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