Economy and Business

India’s growth story is treading on thin ice

By all estimates, the Indian economy has entered a phase of recovery. After a period of subdued growth that was marred by a spate of disruptions, India has regained the fastest-growing major economy tag and a growth rate exceeding seven per cent is expected this year.

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India should tap EU, East Asia to overcome 'late convergence stall'

The usual brouhaha around the Budget strips the Economic Survey of the attention it deserves. The Survey document, especially since Arvind Subramanian has taken over as the Chief Economic Advisor, has consistently pushed the envelope on economic thinking, providing exciting new insights for the Indian economy. The latest one, released three days before the Budget, introduced a new phrase into economic jargon: The "late convergence stall". It is a phenomenon that the Survey fears might affect the growth process of the developing worl

India will regain rank as fastest growing economy: IMF

The International Monetary Fund on Monday reaffirmed that India's economy is projected to grow by 7.4 percent in the next fiscal year, regaining the rank of the world's fastest growing large economy.

Israel-India Technology Group launches $ 50 mn trilateral fund

In a bid to promote trilateral innovation and business opportunities between the US, India, and Israel, Israel-India Technology Group has launched a trilateral fund of $50 million. "We are launching a trilateral investment partnership, a platform which is primarily for the needs and aspirations of the trilateral opportunities," Dennis Mehta, a member of the Israel-India Technology Group said at the Tech Triangle Summit n New Delhi on the sidelines of Israeli Prime Minister Benjamin Netanyahu's six-day visit to India.

India to again become world's fastest-growing economy

The World Bank is estimating India's economy to grow by 6.7 percent during the current fiscal year, higher than the 6.5 percent estimate by the Indian government. The Gross Domestic Product (GDP) growth is expected to rise to 7.3 percent in 2018-19 making India again the world's fastest going economy, according to the World Bank's Global Economic Prospects report released on Tuesday.

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India-China civil-society dialogue on climate change, sustainable development

China has initiated early actions on the Wuhan summit between Indian PM Narendra Modi and Chinese President Xi Jinping that stressed the need for people-to-people dialogue for the development of not only India and China but the whole world.

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India’s growth story is treading on thin ice

By all estimates, the Indian economy has entered a phase of recovery. After a period of subdued growth that was marred by a spate of disruptions, India has regained the fastest-growing major eco...

Read more...