The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. ...
Expected to grow by 6.5% compared to China’s 5% in 2024, India’s expected to become the third-largest economy in the world, outpacing Japan and Germany, with a gross domestic product (GDP) projection of US$5 trillion by 2027 and US$7 trillion by 2030. Its focus on bringing in forei...
As on July 2024, 602 banks actively using UPI. Total number of digital transactions during this period amounted to 15.08 billion, with a total value of US$ 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...
India's population is estimated at more than 1.1 billion and is growing at 1.3% a year. It has the world's 5th largest economy—and the third largest in Asia behind Japan and China—with total GDP of around $3 trillion ($3,000 billion). Services, industry, and agriculture account for...
India is on an exciting path to become a $5 trillion economy. A big driving force is the huge change happening in the Indian healthcare ecosystem through new technology innovations. Data and artificial intelligence in healthcare have the amazing potential to add $25 billion to India's GD...
India’s economic growth is underpinned by strong macroeconomic fundamentals that provide a stable foundation for future expansion. With 1.4 billionmostly young consumers, and aGDPof US$3.5 trillion thatgrew 7.8%in the first quarter of this year, India is on track to becoming the world’sthird-...
Now in 2024, China's gdp of $18,273 billion is 4.7 times higher than $3,889 billion of India. On a ppp basis, the GDP of China (Int. $37,072 billion) is 2.31x of India (Int. $16,019 billion). China crossed the $1 trillion mark in 1998, while India crossed nine years ...
India’s GDP grew by 6.7% year over year in the first quarter of fiscal 2024 to 2025 (that is, the quarter from April to June 2024), aligning with our projected range of 6.5% to 6.7%.6Although this marks the slowest growth in five quarters, the Indian economy showed resilience, especi...
India's GDP growth rate rose to a pace of 7.8% y/y in the April-June quarter of 2023, compared with growth of 6.1% y/y in the January-March quarter of 2023, according to data released by India's National Statistical Office. The strong growth rate was despite high base ...
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 ...