India's economy sustained its robust growth trajectory in FY2023-24.The latest ffgures from the Ministry of Statistics and Program Implementation (MOSPI) project an impressive GDP growth rate of 8.2% for the ffscal year 2024, marking a substantial leap from the 7.0% recorded in the preceding ...
With its massive population and bustling economy, India is an engine of growth. On Jan. 22, 2024, its stock market capitalization surpassed Hong Kong’s for the first time. According to data compiled by Bloomberg, the value of shares listed on Indian exchanges reached $4.33 trillion, compared...
Addressing the gathering, Mr Vasudeva delivered an impactful keynote address, stating, "We have entered the experience economy, which is anticipated to evolve into an 8.2 trillion dollar behemoth; this isn't a niche but a transformative force ...
Machine Learning to reach $204 Billion in 2024; 70% of total AI market People spent half a trillion dollars on digital media subscriptions in 2023 Hitachi Payment launches program for Indian fintech startups Hitachi Payment Services Introduces India’s First UPI-ATM ...
To overtake china nominal GDP, india need to grow at 10 percent every year from around 4 trillion and in 40 year india can touch 20 trillion USD. I know you guys are fine to be 5th, 4th, 3rd largest economy or whatever but the math ain't supporting that. Those who think USA as fr...
from World Economy & Central Banking Seminar at Facebook Professor Rajan’s statement “I determine the monetary policy. I say what it is….ultimately the interest rate that is set is set by me” equates Indian monetary policy with the money interest rate; but monetary policy in India has ...
I am afraid I disagree with your assessment that the current problems “did not originate in the real sector of the economy” but were “triggered by the excesses of the financial system”. I have said to the contrary “There is no clear path to solving the great (alleged) economic and ...
growing unease among US elites that good life may be ending as the crushing debt burden sinks the American economy. In a CNBC interview yesterday, Treasury Secretary Janet Yellen warned that high interest rates are also adding to the burden as the US manages its massive $34.7 trillion debt ...
India has recently inducted INS Vikrant, the South Asian nation's second aircraft carrier. This "indigenous" ship of the Indian Navy is powered by four American-made General Electric LM2500 marine gas turbines built in the US state of Ohio. It is a relatively small aircraft carrier with a ...
6. The public debt of the country may now amount to something like Rs 30 lakh crore (Rs 30 trillion); do you find that worrisome? If so, why so? If not, why not? 7. The Government of India may be paying something like Rs 3 lakh crore (Rs 3 trillion) annually on interest paymen...