India and China were equal in Per Capita incomes. After 2000, India's growth rate has come close to China's levels. It is the inbetween 25 years where China rocketed beyond the reach of India.
NEW DELHI, Oct. 16 (Xinhua) -- The International Monetary Fund (IMF) has in its latest "World Economic Outlook (WEO) slashed India's GDP growth rate for the current year to 6.1 percent from 7.3 percent it had projected in April. The international body in its report on Tuesday also stat...
China has experienced a profound transformation, maintaining impressive economic growth rates during the last decades. This improvement in wellbeing has particularly allowed millions of Chinese to leave extreme poverty, especially in rural areas. During this transition from a highly egalitarian collectivist...
In India, urban per capita GDP will grow at a rate of 6 percent a year between 2005 and 2025, while China will see a growth of 7.3 percent. The number of urban households with true discretionary spending power in India could increase sevenfold to 89 million households in 2025. In China,...
NEW DELHI, June 1 (Xinhua) -- India's GDP growth rate of 7.7 percent, recorded in the fourth quarter of 2017-2018, shows that the country's economy was on an uptrend, said president of Federation of Indian Chambers of Commerce and Industry (FICCI) Rashesh Shah on Friday. "The GDP ...
This statistic illustrates the revenue growth rate of Voltas Limited across India from fiscal year 2016 to fiscal year 2019.
China's 76%. Weak job creation combined with a growing pool of young workers is a major culprit, but so is a culture that is less supportive of women—especially married women—entering the workforce.7In fact, India's female labor-force participation ratefellfrom 31% in 2000 to 24% in ...
In 2023, the inflation rate in India was around 5.36 percent compared to the previous year. See figures on India's economic growth for additional information. India's inflation rate and economyInflation is generally defined as the increase of prices of goods and services over a certain period ...
The vote on the repo rate decision was also unanimous. The central bank raised its forecast for economic growth to 7% from 6.5% after stronger than expected growth in the July-September quarter. “Growth has been resilient and robust, surprising everyone,” Reserve Bank of India (RBI) Governor...
Talking about cooperation in the future, Goyal said he saw tremendous opportunities between India and China "for the simple reason that China has become the factory of the world and India is the back office." Researches suggest that in the next five years, the annual growth rate of the aviat...