NEW DELHI: The Economic Survey released on Monday suggested that the Indian economy was in the pink of health, but was cautious about risk arising from persistent high crude oil prices or a sharp correction in stock markets over the medium term and from climate change over the long run.
The warning on climate change was particularly alarming since it suggested that farm incomes could drop by as much as a quarter if global warming isn't checked in time.
India will require investments of about $4.5 trillion by 2040 to develop infrastructure to improve economic growth and community well-being, according to the Economic Survey 2017-18.
India was on Monday ranked at the 62nd place among emerging economies on an Inclusive Development Index, much below China’s 26th position and Pakistan’s 47th.
China on Wednesday welcomed Prime Minister Narendra Modi's speech at Davos where he described protectionism as being "as dangerous as terrorism", and evinced interest in enhancing cooperation with India to strengthen the globalisation process.
Rising oil prices and hawkish policy from its central bank are the two biggest risks for India's economy in 2018, a financial expert told CNBC on Wednesday.
NEW DELHI: Bitcoins or such crypto-currencies are not legal tender and those indulging in such transactions are doing it at their own risk, Finance Minister Arun Jaitley said today as MPs expressed concern over trading on these platforms.
NEW DELHI: India is set to overtake the United Kingdom and France to become the world's fifth largest economy next year, a report said on Tuesday (Dec 26).
With shipments of over 40 million units in the third financial quarter, India has overtaken the United States, reports tech analyst Canalys.
HCM City (VNA) – Standing Vice Chairman of Ho Chi Minh City People’s Committee Le Thanh Liem on December 19 hosted an Indian business delegation led by Executive Director of Tata Sons in Vietnam Indronil Sengupta.
NEW DELHI: India will soon have its first national employment policy that will outline a comprehensive road map for creation of quality jobs across sectors through economic, social and labour policy interventions. The move is aimed at addressing the crucial issue of job creation in the country.