registering a growth of 7% in 2022. It is expected to grow at over 6% in the coming two years. Over the next decade, India is projected to become a USD 8.5 trillion economy from the current level of USD 3.4 trillion. India today is changing at an unprecedented rate. One metric, which...
The Gross Domestic Product (GDP) in India was worth 3549.92 billion US dollars in 2023, according to official data from the World Bank. The GDP value of India represents 3.37 percent of the world economy. This page provides the latest reported value for
As on July 2024, 602 banks actively using UPI. Total number of digital transactions during this period amounted to 15.08 billion, with a total value of US$ 25.27 billion (Rs. 2.1 trillion). India is the 5th largest economy in the world with a GDP of Rs. 3549 billion US$ in 2023 incr...
Italy: (GDP: 2.07 trillion) Brazil: (GDP: 1.87 trillion) Canada: (GDP: 1.71 trillion) Key Points: According to the IMF's forecast for this year on an annual basis, India is overtaking the UK in dollar terms. In the midst of the economic crisis, India has handled the difficulties well...
With annual Gross domestic product (GDP) of $3.2 trillion, India is presently the 5th largest economy in the world, with the IMF predicting a strong GDP growth rate in 2022, which is more than double the world average. 印度的年国内生产总值(GDP)为3.2万亿美元,目前是世界第五大经济体,国际货...
R&D Spending: Another area which can help the country realise a trillion-dollar economy from data and physical infrastructure is investment in R&D. Presently, the R&D spending in India, at just 0.87 percent of GDP, and is exponentially lower than countries like Brazil, China, US, UK and e...
disrupting each economy. With the 9.2% growth in the financial year and recording Double-digit growth in the First quarter of the financial year 2023, India seems to be the second fastest growing economy in the world, currently the fifth largest economy with a GDP of $2.5 ...
Linear formats will stabilize (+2%) while digital advertising revenues will accelerate (+16%) to reach 2.6 trillion JPY ($24.3 billion). Economic stabilization in 2021 (GDP +3.3%) and the delayed Tokyo Olympics will support the advertising market recovery. ...
At the end of fiscal year 2022, the total value of assets at public sector banks across India amounted to over 127 trillion Indian rupees, an increase from previous year.
Agriculture was once India’s main source of revenue and income but it fell to approximately 16.7% of the country’s GDP by 2022. The service industry in India increased from a fraction of the GDP to approximately 48.4% from the early 1960s through 2022. Over 6 million foreign tourists vis...