Page 470 - Economy & Policy News

Real wage growth positive for 2nd straight year in 2022: ILO study

It says India's high investment growth positively influenced overall economic dynamics in S Asia

India to grow into a $7 trillion economy by 2030, says PHDCCI report

The analysis is based on lead macroeconomic indicators including the GDP Growth, Export Growth, Gross National Savings, Total Investments, and Debt to GDP Ratio

GDP of India to surpass $4 trn in 2024-25, $5 trn by 2026-27: PHDCCI report

The industry chamber also expects the RBI to cut the repo rate by 100 basis points in a calibrated manner by the end of 2024

India growing rapidly, to be $30 trn economy by 2047: FM Sitharaman

Relationship between states and centre is of collaborative federalism, she says at Vibrant Gujarat Summit

India to be $5 trn economy by FY28, to reach $30 trn by 2047: FM Sitharaman

Even going by conservative estimates, the size of the Indian economy will be USD 30 trillion by 2047, she noted

Viksit Bharat not just dream, it's a possibility: NITI CEO Subrahmanyam

Speaking at the 10th Vibrant Gujarat Global Summit here, Subrahmanyam further said India is in a position to take a quantum leap

Reduction of logistics cost is a big macro turnaround for India

The country will create jobs and encourage consumption and demand by reducing logistic cost

Vibrant Gujarat: India had incredible last decade, says Zerodha's Kamath

Vibrant Gujarat Global Summit: Nikhil Kamath is among the host of entrepreneurs, including business tycoons Gautam Adani and Mukesh Ambani, who addressed Gujarat's key investment summit on Wednesday

Govt eyes doubling cash handout for women farmers ahead of Lok Sabha polls

The plan is likely to be announced in the budget on Feb. 1 and could cost the government an additional Rs 12,000 crore, said two of sources, all of whom declined to be named discussing budget proposal

World Bank keeps India's FY25 GDP growth estimate unchanged at 6.4%

At 6.4%, India may remain world's fastest-growing large economy; Global economy likely to slow for third straight year in 2024

From Chennai to Davos, it's a flying start for India Inc in New Year

Vibrant Gujarat, which is celebrating 20 years, is hoping to forge a record number of memorandum of understanding this year, surpassing its previous best of 28,360 signed in 2019

India Inc concerned about CBAM's impact on supply chain: PwC study

Half of companies surveyed in the PwC study say they are actively taking steps to reduce carbon footprint and align with environmental sustainability goals

Markets end flat after choppy trade; Sensex rises 31 pts, Airtel gains 1.5%

The upmove in intra-day trade followed sharp gains in the US markets, particularly technology stocks. However, the tech-heavy Nasdaq index, which gained 2.2 per cent on Monday, saw reversing gains

Economy to grow 6.2% on favorable factors, positive credit momentum: Report

'A pick-up in capex is expected to become more broad-based in FY25, led by marginally moderate public capex but higher private corporate capex after elections'

Global economy will slow for a third straight year in 2024: World Bank

Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024.

Retail inflation likely picked up to 5.87% in December on rising food costs

Food prices, which account for about half of the inflation basket, rose in November and remained elevated last month, largely led by vegetable prices and household staples

Energy conundrum: Govt to double coal production despite climate goals

Later, the power minister Raj Kumar Singh set out plans on Dec. 22 to add 88 gigawatts of thermal power plants by 2032. The vast majority of which will burn coal

Commerce ministry sets up task force to resolve trade issues for exporters

The ministry is also looking at improving mutual recognition agreements (MRAs) with different countries so that product standards are as per the requirements of the importing countries

Thermal power is back in business as govt makes commitment clear

Deals in Punjab and Odisha shows coal-fired plants are crucial to economy

India-Oman to begin next round of free trade discussions from Jan 16

The talks on the text of most of the chapters have been concluded by both sides for the pact, officially dubbed the Comprehensive Economic Partnership Agreement (CEPA)