"India has the world's third largest startup ecosystem. There are over 100 unicorns in India currently in areas of IT, Telecom, Fintech, AI and semiconductors," said PM Modi during the BRICS forum.
IMF on Indian economy: According to the projection, growth in India is set to decline from 6.8% in 2022 to 6.1% in 2023 before picking up to 6.8% in 2024, with resilient domestic demand despite external headwinds.
India-US Economic Financial Partnership: The ninth meeting of the India-US Economic Financial Partnership will be led by Finance Minister Nirmala Sitharaman and visiting US Treasury Secretary Janet Yellen as the latter is on a day-long visit to India on November 11.
The global economy is on track to shrink by 5.2 per cent this year amid the COVID-19 pandemic, the deepest recession since the Second World War, the World Bank Group said in its latest Global Economic Prospects.
The global economy, which has plunged into a severe contraction, will shrink by 5.2 per cent this year due to the massive shock of the coronavirus pandemic and the shutdown measures to contain it, the World Bank said on Monday.
Oil giant Saudi Aramco said Sunday its profits dropped 20% in 2019 to $88.2 billion, a sharp decline coming as the kingdom stands ready to flood an already-weakened global energy market amid the new coronavirus pandemic.
The size of Indian economy has grown to USD 2.75 trillion in 2018-19 from USD 1.99 trillion in 2015-16 even as global economy has faltered, according to the Economic Survey 2018-19.
The International Monetary Fund (IMF) on Tuesday maintained its forecast for global growth in 2016 at 3.1 per cent, saying the subpar trend will continue without determined policy action.
Washington: The World Bank is reducing its forecast for the global economy this year — again. The aid agency predicted Tuesday that the world economy will expand 2.4 percent this year, down from the 2.9
Washington: The global economy will grow at 3.2 per cent in 2016 and 3.5 per cent in 2017, the IMF forecast today in a downward revision of its previous estimates and sought an immediate and
New Delhi: India is the only economy which has not been affected by the global economic crisis which has hit the world, primarily due to the policies being implemented by the government, Prime Minister Narendra
Davos: Reforms along with responsible planning can help India confront the global economic slowdown, Finance Minister Arun Jaitley said today in Davos.In his assessment of how India can confront an uncertain global economy with headwinds
London: Amid the global economy witnessing mixed trends, Paris-based think tank OECD on Tuesday said India is expected to see "firming growth" while the outlook for China continues to deteriorate.Besides, most of the major European
New Delhi: Prime Minister Narendra Modi today met top CEOs, bankers, economists and ministers to discuss ways to bolster the economy amid global slowdown.The meeting, with the agenda 'Recent Global Events: Opportunities for India', was
New Delhi: India was one of the bright spots in the global economy with moderating inflation, lower current account and fiscal deficits, strong forex reserves and stable tax policies, President Pranab Mukherjee said on Thursday."In
New Delhi: Ahead of the meeting of G20 finance ministers and central bank governors in Turkey, India today said competitive devaluation of currency is a major threat to stability in the global economy. "The recent devaluation of major
New Delhi: India's exports will be hit and the trade deficit might widen after the devaluation of Chinese currency yuan by 2%, which is bound to raise the competitiveness of outbound shipments from the neighbouring
New Delhi: Terming India as a "bright spot" among the global economies, Finance Minister Arun Jaitley today said the manufacturing sector is showing signs of revival aided by government's Make in India initiative.Stating that India
Beijing: The US is only treating India as a pawn in its rebalancing strategy to the Asia-Pacific region, a Chinese daily said on Tuesday.The daily, Global Times, said that developing a good relationship with India
Washington: The International Monetary Fund (IMF) had lauded India's efforts to cut fuel subsidies, saying the fall in global crude oil prices provides a golden opportunity to reduce energy subsidies.While speaking about the outlook for
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