Growing Economy

Environment Minister Bhupender Yadav said India requires $10 trillion in investments by 2070 to achieve Net Zero and stressed the need for blended finance and global support

India is growing and Singapore sees many opportunities to expand bilateral cooperation with South Asia's fastest growing economy, senior minister Lee Hsien Loong has said. "India is growing, and on the move," Lee, who served as prime minister for 20 years, told the Indian business community on Saturday. "Singapore has a good brand name in India and we have enjoyed very good ties with successive Indian governments," The Straits Times quoted Lee as saying. Singapore sees many opportunities to expand cooperation on fronts such as bilateral trade, skills training and fintech, alongside exploring fields such as health care as well as digital and green economies, he added. He also urged the Indian business community to make the most of these advantages. Lee highlighted the importance of the Comprehensive Economic Cooperation Agreement (CECA), a nearly two-decade-old Singapore-India free trade agreement that has helped foster extensive trade, investment and travel links between the two .

A growing economy, rising aspirations, young population, and increasing infrastructure will aid this growth

Economic growth won't be sustainable if it is K-shaped, says economist at Business Standard Manthan 2024

Japan has slipped to the world's fourth-largest economy as government data released on Thursday showed it fell behind the size of Germany's in 2023. The numbers highlight how the Japanese economy has gradually lost its competitiveness and productivity while the population shrinks as Japanese people age and have fewer children, analysts say. Japan fell from the second-ranked economy behind the US to the third-largest in 2010 as China's economy grew. The International Monetary Fund had forecast Japan's fall to fourth. The comparisons among nations' economies look at nominal GDP, which doesn't reflect some different national conditions, and is in dollar terms. Japan's nominal GDP totalled USD 4.2 trillion last year, or about 591 trillion yen. Germany's, announced last month, was USD 4.4 trillion, or USD 4.5 trillion, depending on the currency conversion. For the latest October-December quarter, the Japanese economy shrank at an annual rate of 0.4 per cent, and minus 0.1 per cent from

Backed by a rebound in consumption, Indian economy is forecast to have double-digit GDP growth in the April-June quarter. What are the implications of the forecasts that have been released so far?

Economic impact: People's productivity will have to increase to support larger numbers, say experts

India's growth contrasts with the global growth rate that is forecast at 3.1 per cent this year and the next, according to the report

As per estimate, as much as Rs 10-15 trillion of annual investment in infrastructure over the next five years will be needed to sustain the desired rate of economic growth