India’s economy is projected to grow 7-7.2% in the current fiscal year due to strong government spending and increased manufacturing investments. However, global growth challenges may affect next year’s outlook. Employment gains and initiatives like MGNREGA suggest job market improvements, … Read More
Masonry Blog
Festive demand will help shrug off temporary slowdown, says RBI report
Aggregate demand in India is expected to recover in Q2 2024-25 due to rising festival demand and improved consumer confidence, supported by an optimistic investment outlook and government capex. However, geopolitical tensions, commodity price hikes, and food inflation pose risks … Read More
Biggest challenge before Indian economy is employability, says FM Nirmala Sitharaman
The biggest challenge before India is employability says finance minister Nirmala Sitharaman during a fireside chat on India’s decadal economic reforms and continued economic growth in New York on October 22.
India poised to sustain growth trajectory, likely to be world’s 3rd-largest economy by 2027: FM Nirmala Sitharaman
Addressing the Roundtable on ‘Investment Opportunities in India’ at the New York Stock Exchange, the oldest and the largest stock exchange in the world, the Finance minister said India is poised to continue its sustained growth trajectory and enhance its … Read More
‘By 2030, we’d probably be the third largest economy’: EAM S Jaishankar
External Affairs Minister S Jaishankar highlighted Goldman Sachs’s prediction that India will become the third-largest economy by 2030 and a USD 52.5 trillion economy by 2075. He emphasized the growing importance of Indian talent in technology, AI, and semiconductors, and … Read More
Expect Indian apparel exporters to post 9-11 pc revenue growth in FY25: ICRA
Indian apparel exporters are expected to see a 9-11 per cent revenue increase in FY25. This growth is due to improved inventory liquidation and a shift in global sourcing to India. Government support, including production-linked incentives and proposed free trade … Read More
EPFO net new member additions rise 9.07% to 18.53 lakh in August
Retirement fund body EPFO’s net new member additions increased 9.07 per cent to 18.53 lakh in August, compared to a year ago, according to payroll data released on Sunday. EPFO enrolled around 9.30 lakh new members in August 2024, representing … Read More
India companion during difficult times, takes lead in giving direction to global future: PM Modi
Speaking about Artificial Intelligence PM Modi said India is powered by two AIs, the second AI that of Artificial Intelligence.
Shift from agriculture to manufacturing must for India’s growth: Amitabh Kant
“Our manufacturing has to grow by 16 times. It has to fire on all cylinders. We have to become a manufacturing nation,” Kant told IANS at the Kasauli Literary Festival.