Indian Economy Archives - THE NEW INDIAN

News

India, China to drive almost half of global economic growth in 2024

IMF’s Deputy Managing Director Gita Gopinath highlighted on July 16 that India and China are projected to drive nearly half of global economic growth in 2024. Quoting the World Economic Outlook update Gopinath noted, “Growth in major advanced economies is more aligned: Euro area growth picks up as the US shows signs of cooling after a strong year.

India News

MoSPI: India’s GDP grows 7.8% in Q4, FY24 growth to be 8.2%

By Aman Kumar Himanshu June 1, 2024 GDP growth Indian Economy MoSPI

NEW DELHI: India’s real GDP (Gross Domestic Product) witnessed a growth rate of 7.8% in the fourth quarter of FY24. While, the real GDP is…

News

RBI holds repo rate unchanged in first monetary policy of FY25

By Aditi Pandey April 5, 2024 Gold Reserves Indian Economy Monetary policy Money Economy rahul gandhi RBI Reserve Foreign Exchange

The RBI’s Monetary Policy Committee kept the repo rate unchanged at 6.5%, signaling stability amid a complex economic landscape.

Opinion

India’s economic triumph is defying sceptics

By TNI Team March 1, 2024 IMF Indian Economy reserve bank of india world bank

India’s recent economic performance has once again demonstrated its resilience and dynamism, with a remarkable GDP growth of 8.4% in the October-December quarter of 2023-24,…

World

BRICS next global superpower, India’s rise to benefit all: Zemedeneh Negatu on Ethiopia’s membership

By Sukanya Saha February 27, 2024 BRICS BRICS expansion Ethiopia Ethiopia joins BRICS India-Ethiopia ties Indian Economy international news world news

NEW DELHI: Last year saw an unexpected development in geopolitics with the expansion of BRICS, as five new nations were welcomed into the fold: Egypt,…

News

Finance Minister lambasts UPA, Touts Modi govt’s economic achievements

By Aditi Pandey February 9, 2024 Finance Minister Nirmala Sitharaman Indian Economy

In a debate over the ‘White Paper on Indian Economy and its impact on the lives of people of India’, Sitharaman asserted that Congress prioritised the family over the nation’s welfare, leading to the infamous fragile five status of the economy.

News

India to be world’s third-largest economy: PM Modi guarantees

By Aditi Pandey February 5, 2024 3rd world largest economy Indian Economy Prime Minister Narendra Modi

NEW DELHI: Prime Minister Narendra Modi, during a recent speech, ahead of the General Elections, restated his commitment to boost the Indian economy. Instead of…