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's economy grew 7.4% in the January-March quarter from a year earlier, driven by the construction and manufacturing sectors, data showed on Friday.

Net foreign direct investment between April and November 2024 in the current fiscal year stood at $479 million, according to data from the Reserve Bank of India, sharply down from $8.5 billion a ...

The data showed that manufacturing output rose by 4.8% year-on-year, up from 3.6% in the previous quarter, while construction activity surged by 10.8%, compared to 7.9% previously.

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 ...