India is one of the fastest-growing economies in the world, driven primarily by its service, industrial, and agricultural sectors. It was projected to be the world’s fifth-largest economy in terms ofnominal gross domestic product (GDP)as of May 2024.1 India's economy grew at a rate of 8....
In the emerginggig economy, the scope for forming unions is bleak, as most of the employees are casual or contractual workers. One of the results of the liberalisation of the economy was the expansion of the middle class in metropolitan cities where quality education and better-paid jobs in s...
Together, these processes promise to transform the global economy and to propel a growing wave of entrepreneurship. Section snippets Entrepreneurship processes in emerging economies There are three processes — spillover and catch up, brokering and bottom up — that link globalization to entrepreneurship...
Artificial Intelligence (AI), while repeatedly touted as the ultimate business disruptor, has always grappled with low adoption levels in the real world. Entrepreneurs and CXOs in the Indian business landscape constantlyquotethe low level of enterprise digitisation and the resulting lack of quality d...
The International Monetary Fund (IMF) predicts that India will be the fastest growing major economy in the world by 2016. Moody's Investors Service recently noted that India's growth rate for this year is likely to average around 7.5% -- a number that is higher than forecast for ...
Since the liberalization of the Indian economy in 1991, the business landscape has been changing rapidly, and today, India is increasingly being seen as a global economic powerhouse. Traditional industries are evolving, while new industries are emerging as global economic interdependence rises....
The growing economy of India has become increasingly digital in nature and has led to the developmental efforts of digital public infrastructure across sectors. The efforts of India in developing Digital Public Goods (DPGs) has been admired globally and has also resulted in an opportun...
Though India has been growing at six per cent annually since the late 1980s, it trails behind China, which has been growing at ten per cent per annum since 1981. The single most important factor explaining this difference is the relatively poor performance of Indian industry. Whereas the ...
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had decreased to pre-lockdown levels, at9.4%in the first quarter of 2021, according to data from the Periodic Labour Force Survey. India's economy is also seeing a recovery, with the gross domestic productgrowingat 8.4% in the second quarter of 2021-22 compared to 7.4% during the same ...