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Food inflation could ease if the monsoon turns favourable this year, as IMD weather forecasts suggests. Weather risks and the uptick in crude oil prices will be key to growth.
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India must address challenges being faced by its nationals living abroad, especially of exploitation at workplaces
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Despite all the growth talks and positive outlook, growing unemployment remains a major area of concern for India
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The authors further said technology is offering new growth opportunities to seize by becoming more competitive and efficient.
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Sensex, Nifty hit record high levels on impressive GDP data, foreign fund inflows
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The second advance estimates of GDP for FY24 released by the National Statistics Office (NSO) has indeed sprung a major surprise in the markets.
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The Indian economy grew 7.8 per cent and 7.6 per cent during the preceding two quarters - April-June and July-September, data released by the Ministry of Statistics and Programme Implementation showed
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The budget allocation for major infrastructure projects in 2024-25 has been increased to Rs 11.1 lakh crore, marking an 11.1 percent rise from the previous year.
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The President said that the country has to ensure that every citizen of the country is economically and socially empowered.
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Sri Lanka had recorded a minus 8 per cent growth when it declared bankruptcy in April 2022
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Gross State Domestic Product (GSDP) at current prices for Telangana reached Rs.13,13,391 crore, marking an impressive 16.3 percent growth, surpassing India's growth rate of 16.1 percent
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India is likely to surpass Japan to become the world's third-largest economy with its GDP doubling to $7.3 trillion by 2030.
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The International Monetary Fund (IMF) has cut China's GDP growth forecast for the financial year 2023-24 to 5.30 per cent, 20 basis points lower than its July estimate.
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The most recent World Economic Outlook report from the multilateral agency, released on Tuesday, anticipates a growth of 6.3 percent for this fiscal year.
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In terms of impact on GDP, with an estimated additional output of Rs 18,000-22,000 crore attributed to the World Cup, the impact on gross value added is estimated to be around Rs 7,000-8,000 crore, said economists Jahnavi Prabhakar and Aditi Gupta
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The World Bank, meanwhile, retained India's GDP growth forecast for the financial year 2023-24 at 6.3 per cent, noting that the country continued to show resilience against the backdrop of a challenging global environment.
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The World Bank in its April report had cut India's growth forecast for 2023-24 to 6.3 per cent from the earlier 6.6 per cent
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Addressing a programme in the Kathuwas village of Kotputli-Behror district, Gehlot also said the state has made unprecedented progress in all sectors.
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Addressing a Rozgar Mela after distribution of appointment letters to over 51,000 new employees in different government departments through a virtual event, Modi also emphasised on growing use of technology in governance.
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According to the report carried by the official Saudi Press Agency, the Saudi economy achieved a growth rate of 8.7 per cent -- the highest among the G20 member states