India Growth
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"Single Largest Self-Inflicted Obstacle": Investor Slams India's Rich, Cites East India Company
Instead of funding Indian founders, he argued, wealthy households continue pouring money into "the second flat and the third flat."
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India's Growth Outlook Steady Amid Middle East Conflict: IMF Chief Economist
Washington, April 14 (IANS) India’s growth outlook remains resilient despite rising global uncertainty triggered by the Middle East conflict, the Chief Economist of the International Monetary Fund (IMF) Pierre-Olivier Gourinchas said Tuesday projecti
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Apple Reportedly Assembled 25 Percent of 230 Million iPhone Units in India in 2025
Apple now assembles about 25 percent of the total iPhone units in India, according to a Bloomberg report. This reportedly comes as the Cupertino-based tech giant continues to shift its manufacturing base from China to other regions due to multiple reasons, including geopolitics. The company is said to annually produce between 220 million and 230 mi...
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India Sees Strong 3rd Quarter Growth, IMF Likely To Hike GDP Forecast
India is the key growth engine for the world, the International Monetary Fund (IMF) said on Thursday, noting that the country's third-quarter growth came out stronger than expected.
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World Bank Projects India's Growth At 7.2% Due To "Resilient Activity"
India's economy is projected to remain among the world's fastest-growing major economies, with growth estimated at 7.2 per cent in FY2025-26, supported by strong domestic demand despite rising global trade tensions, the World Bank said on Tuesday.
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iPhone Shipments From India Cross $50 Billion Under PLI Scheme, IT Minister Says
Apple has shipped iPhone models worth $50 billion (about Rs. 4.51 Lakh Crore) since FY22, when it was onboarded the production-linked incentive (PLI) scheme, Union IT Minister Ashwini Vaishnaw said. According to a report, the Cupertino-based tech giant managed to ship Indian made iPhone models about $16 billion (about Rs. 1.44 Lakh Crore) in the fi...
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Fitch Raises India's Growth Forecast To 6.9% From 6.5% This Fiscal
Fitch Ratings has raised its forecast for India's economic growth for the current fiscal year to 6.9% from 6.5% earlier, citing stronger-than-expected momentum in the June quarter driven by robust services activity and resilient consumption.
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India Needs To Grow At Average 7.8% To Become High-Income Economy By 2027: World Bank
India will need to accelerate reforms to achieve an average annual growth rate of 7.8 per cent for becoming a high-income economy by 2047, a World Bank report said on Friday.
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"Cut Down Larger States If India Wants 8% Growth": Montek Singh Ahluwalia
Former Deputy Chairman of the Planning Commission of India and economist Montek Singh Ahluwalia said on Wednesday that large states can be split so that new cities can emerge, giving impetus to urbanisation.
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"PM Inherited Fragile Economy From UPA": Arvind Panagariya To NDTV
Prime Minister Narendra Modi "inherited a very fragile economy" - from the preceding Congress-led United Progressive Alliance government - Dr Arvind Panagariya, 16th Finance Commission Chairperson, told NDTV.
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Growth Slowdown Due To Many Factors, Not Just Repo Rate: Shaktikanta Das
The growth slowdown is due to a multiplicity of factors, and not due to the Reserve Bank's repo rate, outgoing Governor Shaktikanta Das said on Tuesday.
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iPhone Production in India Reaches $10 Billion Milestone With PLI Scheme, Says IT Minister
Apple’s iPhone production in India hit the $10 billion (roughly Rs. 84,000 crore) freight-on-board (FoB) value between the months of April and October of FY25, IT Minister Ashwini Vaishnaw revealed, citing a report, on Monday. This translates into a growth of 37 percent compared to the same period in FY24, courtesy of the government’s productio...
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World Excited About India's Growth, Investment: PM Modi At NDTV World Summit
PM Modi today spoke about why the 21st Century is 'The India Century' and how the country is growing rapidly and how investors from around the world are excited about India being the fastest growing major economy.
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India's Export Grew By 5.8 % In 1st Quarter Amid Global Challenges: Report
Despite geopolitical tensions in Europe and the Middle East, India's merchandise exports grew by 5.8 percent to USD 109.96 billion compared to USD 103.9 billion in the same period last year, according to a CRISIL report.
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World Sees India On Cusp Of Long-Awaited Economic Take-Off: RBI Report
Internationally there is a growing optimism that India is on the cusp of a long-awaited economic take-off, according to the RBI's monthly bulletin released on Tuesday.
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"Single Largest Self-Inflicted Obstacle": Investor Slams India's Rich, Cites East India Company
Instead of funding Indian founders, he argued, wealthy households continue pouring money into "the second flat and the third flat."
-
India's Growth Outlook Steady Amid Middle East Conflict: IMF Chief Economist
Washington, April 14 (IANS) India’s growth outlook remains resilient despite rising global uncertainty triggered by the Middle East conflict, the Chief Economist of the International Monetary Fund (IMF) Pierre-Olivier Gourinchas said Tuesday projecti
-
Apple Reportedly Assembled 25 Percent of 230 Million iPhone Units in India in 2025
Apple now assembles about 25 percent of the total iPhone units in India, according to a Bloomberg report. This reportedly comes as the Cupertino-based tech giant continues to shift its manufacturing base from China to other regions due to multiple reasons, including geopolitics. The company is said to annually produce between 220 million and 230 mi...
-
India Sees Strong 3rd Quarter Growth, IMF Likely To Hike GDP Forecast
India is the key growth engine for the world, the International Monetary Fund (IMF) said on Thursday, noting that the country's third-quarter growth came out stronger than expected.
-
World Bank Projects India's Growth At 7.2% Due To "Resilient Activity"
India's economy is projected to remain among the world's fastest-growing major economies, with growth estimated at 7.2 per cent in FY2025-26, supported by strong domestic demand despite rising global trade tensions, the World Bank said on Tuesday.
-
iPhone Shipments From India Cross $50 Billion Under PLI Scheme, IT Minister Says
Apple has shipped iPhone models worth $50 billion (about Rs. 4.51 Lakh Crore) since FY22, when it was onboarded the production-linked incentive (PLI) scheme, Union IT Minister Ashwini Vaishnaw said. According to a report, the Cupertino-based tech giant managed to ship Indian made iPhone models about $16 billion (about Rs. 1.44 Lakh Crore) in the fi...
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Fitch Raises India's Growth Forecast To 6.9% From 6.5% This Fiscal
Fitch Ratings has raised its forecast for India's economic growth for the current fiscal year to 6.9% from 6.5% earlier, citing stronger-than-expected momentum in the June quarter driven by robust services activity and resilient consumption.
-
India Needs To Grow At Average 7.8% To Become High-Income Economy By 2027: World Bank
India will need to accelerate reforms to achieve an average annual growth rate of 7.8 per cent for becoming a high-income economy by 2047, a World Bank report said on Friday.
-
"Cut Down Larger States If India Wants 8% Growth": Montek Singh Ahluwalia
Former Deputy Chairman of the Planning Commission of India and economist Montek Singh Ahluwalia said on Wednesday that large states can be split so that new cities can emerge, giving impetus to urbanisation.
-
"PM Inherited Fragile Economy From UPA": Arvind Panagariya To NDTV
Prime Minister Narendra Modi "inherited a very fragile economy" - from the preceding Congress-led United Progressive Alliance government - Dr Arvind Panagariya, 16th Finance Commission Chairperson, told NDTV.
-
Growth Slowdown Due To Many Factors, Not Just Repo Rate: Shaktikanta Das
The growth slowdown is due to a multiplicity of factors, and not due to the Reserve Bank's repo rate, outgoing Governor Shaktikanta Das said on Tuesday.
-
iPhone Production in India Reaches $10 Billion Milestone With PLI Scheme, Says IT Minister
Apple’s iPhone production in India hit the $10 billion (roughly Rs. 84,000 crore) freight-on-board (FoB) value between the months of April and October of FY25, IT Minister Ashwini Vaishnaw revealed, citing a report, on Monday. This translates into a growth of 37 percent compared to the same period in FY24, courtesy of the government’s productio...
-
World Excited About India's Growth, Investment: PM Modi At NDTV World Summit
PM Modi today spoke about why the 21st Century is 'The India Century' and how the country is growing rapidly and how investors from around the world are excited about India being the fastest growing major economy.
-
India's Export Grew By 5.8 % In 1st Quarter Amid Global Challenges: Report
Despite geopolitical tensions in Europe and the Middle East, India's merchandise exports grew by 5.8 percent to USD 109.96 billion compared to USD 103.9 billion in the same period last year, according to a CRISIL report.
-
World Sees India On Cusp Of Long-Awaited Economic Take-Off: RBI Report
Internationally there is a growing optimism that India is on the cusp of a long-awaited economic take-off, according to the RBI's monthly bulletin released on Tuesday.
