April 30, 2026
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India records Trade Deficit with 9 out of 10 Trade Partners in FY24

May 28, 2024 Export - Import, Business, Economy, Global Trade, Trade, Trending News
NEW DELHI : India recorded a trade deficit with nine of its top ten trading partners during the 2023-24 fiscal year, according to official data released today. The deficit increased significantly with major economies

PM Modi, Ambani, Adani reshaping India to become economic superpower: CNN report

May 9, 2024 Trade, Business, Economy, Global Trade, Infrastructure, Trending News
NEW DELHI : India is poised to become a 21st-century economic powerhouse, offering an alternative to China for investors looking for growth and for reducing supply chain risks with Prime Minister Shri Narendra Modi

India expects FY25 growth of over 7% : V Anantha Nageswaran

May 9, 2024 Trade, Economy, Global Trade, Trending News
NEW DELHI : V Anantha Nageswaran, the Chief Economic Adviser said on Wednesday that there was a high possibility of GDP growth touching 8 per cent in FY24 on the back of robust growth

Goldman Sachs predicts this ‘favourable scenario’ for Indian Economy by 2030

May 3, 2024 Trade, COMMERCE, Economy, Trending News
NEW DELHI : India’s services exports are likely climb to $900 billion- about 12.4 percent of its GDP, by 2030- Goldman Sachs said in what it called a “favourable scenario” of the Economy. This

India will become fourth-largest economy by 2025 : IMF

April 24, 2024 Trade, Economy, Trending News
WASHINTON D.C. : India’s nominal gross domestic product will likely outstrip Japan’s in 2025 to become the world’s fourth-largest economy, according to an International Monetary Fund estimate, a year earlier than the previous projection. India’s GDP will

Indian Economy will be $34.7 Trn by 2047 with a per capita be $21K : PHDCCI

April 20, 2024 COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : Indian Economy will attain the size of $34.7 trillion by 2047, with per capita income of $21,000, a report by PHD Chamber of Commerce and Industry (PHDCCI) on ‘Viksit Bharat @2047’

Moody’s maintains stable rating for India with growth forecast

April 13, 2024 Trade, Business, COMMERCE, Economy, Global Trade, Trending News
NEW YORK : Global rating agency Moody’s on Friday maintained a stable ‘outlook’ and affirmed long-term and short-term ratings at ‘Baa3’ and ‘P-3’ respectively for India. It has estimated growth rate of 8 per

PM Modi sets ambitious India economic goals for probable third term

April 5, 2024 EXPORT, Business, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : Indian Prime Minister Shri Narendra Modi, confident of winning a national election starting this month, has set an ambitious target of roughly doubling the economy and exports this decade, according to a government

India’s GDP growth in FY24 will exceed 7.6% and may be closer to 8% : RBI Governor  

March 7, 2024 Trade, Economy, Global Trade, Trending News
NEW DELHI : Reserve Bank of India Governor Shaktikanta Das said on Wednesday that the Indian Economy is poised to surpass the Central government’s Second Advance estimate of 7.6 percent growth for the ongoing

India to become third largest economy with GDP of $5 trillion in three years : Finance Ministry

January 30, 2024 Trade, Economy, Trending News
NEW DELHI : India is anticipated to become the third-largest economy in the world with a GDP of $5 trillion in the next three years, the Finance Ministry said on Monday. The ministry added
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