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High Impact Economic News

India's GDP to touch $10 trillion, become third largest economy by 2030
Finance Minister Arun Jaitley said India is expected to become the third largest economy in the world by 2030 with GDP touching USD 10 trillion,..

India highest recipient of remittances at USD 79 billion in 2018
India retained its position as the world’s top recipient of remittances with its diaspora sending a whopping USD 79 billion...

Sensex, Nifty rally helps India beat US, UK, China in March stock returns; best among emerging markets
India has outperformed major global economies including the US, UK and China in terms of stock returns in March. Notably, in March the Indian benchmark index gained 8%, while China returned about 5%....

Top ports record marginal upswing in FY19 cargo handling at 699 MT
India's 12 major ports recorded 2.90 per cent growth in cargo handling at 699.04 million tonnes (MT) in the just concluded fiscal, as per ports body IPA. The growth at these ports, that had handled 679..

India third largest solar market in 2018
India emerged as the third-largest solar PV (photo-voltaic) market in the world, with the country's top 10 companies accounting for over 60 per cent of all large-scale project installations in the 2018 calendar year. According to green energy market tracker...

Modi govt hits new record in highway construction in FY19
The financial year 2018-19 is the best year in the last decade so far as highway construction in the country is concerned. Highway construction and expansion in the country touched 10,800 km or 30 km per day in FY19..

India mulls hosting second WTO mini-ministerial meet next month
India is planning to host the second informal meeting of trade ministers from about 20 member nations of the World Trade Organization (WTO) next month amid growing challenges for global trade,..

India to build developing country coalition with Brazil, China at informal trade ministers’ meet
India plans to build a coalition of developing countries at the upcoming informal meeting of trade ministers on May 13-14 to develop a common understanding to reform the multilateral trading system...

Indian businesses prepare to enter Kazakh market
Indian businesses are exploring to invest in a slew of sectors including infrastructure and energy in resource rich and Central Asia's biggest state Kazakhstan. Ambassador of Kazakhstan Bulat Sarsenbayev, Deputy Chairman of JSC National Company...

Media and entertainment industry growing at rapid speed
Media and entertainment industry growing at rapid speed, industry expected to be top job creator in future. The Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy...

calender April 9, 2019