Page 420 - Economy

NHAI identifies 33 highway stretches of 2,741 km for monetisation in FY25

NHAI's asset monetisation has crossed Rs 1 trillion till date

Fed Chair Powell's US rates warning means headache for rest of the world

China doesn't have such inflation worries, but rise in the premium of US 10-year government bond yields over their Chinese equivalents to a record high has sparked concerns over depreciation of yuan

Indian economy likely to register 8-8.3% growth in FY25, says PHDCCI

The country's GDP will grow at an average of 6.7 per cent over the next 23 years to become a $34.7 trillion economy by 2047, with a per capita income of USD 21,000, it added

Quality Control Orders: What do they mean for the domestic industry?

India believes developed countries and China use quality control orders as a trade barrier, and seeks to play catch-up

UP's women self-help groups weaving success stories, thread by thread

Out of 1.2 crore self-help groups (SHGs) in the country, 88 per cent are women groups, according to the Economic Survey 2022-23

Ashmore Group counters consensus with big bet on China over India

China's economic growth is expected to trail India's for at least the next two years, according to economists' forecasts on Bloomberg

India will be $34.7 trn economy by 2047; per capita to be $21k: PHDCCI

The report said that the share of agriculture in total GDP would come down to 12% in FY47

NaBFID eyes Rs 1 trillion sanctions for new infra projects in FY25

May tap into overseas market for fundraising in H2FY25

Powered by iPhone exports, electronics become India's fifth largest export

Apple's iPhone exports alone now constitute 35% India's entire electronics export goods basket

NHAI to monetise 2741 km through toll operate transfer, InvIT in FY25

33 stretches identified by NHAI had revenue of Rs 5000 crore in FY24

Wider social security net on cards for unorganised sector workers

Meetings have already begun with the relevant ministries and government depts

Indian economy projected to grow 6.5% in 2024, suggests UNCTAD report

The report also noted the increasing focus by multinationals on India as a manufacturing base as they diversify their supply chains, a reference to China

Crude oil import bill shrank 15.9% in FY24, thanks to Russia shipments

Import volumes remained stable at 232 mmt in FY24 as dependency increase

Raghuram Rajan flags employment concerns amid India's growth momentum

Raghuram Rajan's remarks come at a time when unemployment remains a major issue in India, with a survey by Lokniti-CSDS revealing that 27% of voters consider it their top concern

India not reaping benefits of its demographic dividend: Raghuram Rajan

Earlier in his presentation, Rajan said regardless of whether one picks services, manufacturing, agricultural construction, India has a problem

India's population estimated at 1.4 bn, 24% in 0-14 age bracket: UNFPA

The report further detailed that an estimated 24 per cent of India's population is aged 0-14 while 17 per cent is within the 10-19 age range

IMF raises India's GDP growth forecast by 30 bps to 6.8% for FY25

Also sees world economy growing faster at 3.2% in 2024

IMF raises India's economic growth projection to 6.8% from 6.5% in 2024

With this, India continues to be the fastest growing economy of the world, ahead of China's growth projection of 4.6 per cent during the same period

India's growth dependent on global interdependence: Ex-US trade official

Observing that India is not part of major regional free trade agreements, Kumar warned that this posture will handicap it in participating fully in many supply chains

Rupee hits new low of 83.54 against US dollar amid global worries

RBI likely intervened in the foreign exchange market by selling dollars through state-owned banks, which protected the rupee from further depreciation