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Private forecaster Centre for Monitoring Indian Economy (CMIE) pegs the unemployment rate in the same category at a much higher 8.05% in 2023-24 compared to 7.56% in the previous year.
India surpassed Britain in 2022 to become the world’s fifth-largest economy, and it is projected to overtake Germany next year to claim the fourth spot. But overseas investors have been taking ...
The Indian economy continues to grow at a healthy pace despite challenging global conditions, according to World Bank’s latest India Development Update: India’s Trade Opportunities in a Changing ...
India's economy surged 7.4% in January to March, much faster than forecasts and driven by construction and manufacturing, although uncertainty about U.S. tariffs poses risks to the outlook.
By the time India overtakes it in a year or two, Japan’s share of world GDP will be less than 4%. India’s workforce remains only three-quarters of the size of China’s, partly because it ...
BENGALURU (Reuters) -The Indian economy will grow at a mostly steady pace this fiscal year and next after marking a four-year low in 2024-25, according to economists polled by Reuters, who have ...
In an exclusive interview with India Today, World Economic Forum President and CEO Borge Brende talked about India's strong economic performance and projected it could become the world's third ...
But as India loses velocity, so does Modi’s big pledge to morph India into a fully developed economy by 2047. Getting there would require 8% growth year after year over the next two decades.