Indian GDP can hit $55 trillion by 2047 at 8% growth: IMF
NEW DELHI : India has the potential to grow into a $55 trillion economy by 2047 if both state and central governments enact policies to elevate the nation’s growth rate from its historical average
Rupee depreciation shows cracks in economy
NEW DELHI : The fall of the rupee against the US dollar has been accentuated in the recent months with visible cracks in some key economic indicators. The local currency is within kissing distance
Exports of key commodities fall in April-July amid rising trade deficit
NEW DELHI : India’s commodities exports, including marine products, rice, gems & jewellery, and petroleum products, declined steadily between April and July 2024, with 12 of the 30 major export items dipping further in
Leather Exporters to visit Russia for Business Opportunities
NEW DELHI : A delegation of over 20 leather sector executives will be visiting Russia this month to seek investments and tap growing export opportunities. The three-day visit will start from August 26. Council
UP to pitch itself as ‘global sourcing hub’ in ‘UP International Trade Show 2024’
LUCKNOW : Uttar Pradesh, which is targeting to become a $1 trillion economy by 2027, will pitch itself as a ‘global sourcing hub’ for e-commerce majors and multinational companies at the five-day ‘UP International
Open to exploring more ways to increase India’s collaboration with IMF : FM Sitharaman
NEW DELHI : India is open to exploring more ways to increase its collaboration with the International Monetary Fund (IMF), Finance Minister Smt Nirmala Sitharaman said during a meeting with IMF’s First Deputy Managing
India will need more reforms to stay on growth path, create jobs: Gita Gopinath
NEW DELHI : India will need to undertake more reforms to be able to continue on the path of raising economic growth and to make sure that enough job creation happens in the country,
GTRI suggests duty cuts withdrawal on gold jewellery under India-UAE FTA
NEW DELHI : With the government seeking a review of certain provisions of a free trade agreement with UAE, think tank GTRI on Friday asked for the withdrawal of duty cut concessions on platinum,