DDIndia Business: Economic Headlines & Updates

Business

July 22, 2024 10:00 PM

Air India to operate Airbus A350 aircraft on Delhi-New York, Newark routes from this winter

Air India announced today that it will deploy its state-of-the-art Airbus A350-900 aircraft on two key North American routes. The new service will commence on the Delhi-New York route from November 1, 2024, followed by the Delhi-Newark route starting...

July 22, 2024 7:03 PM

Bhutan’s King and Prime Minister visit Statue of Unity in Gujarat

Bhutan's King Jigme Khesar Namgyel Wangchuck and Prime Minister Tshering Tobgay arrived in Gujarat today for a three-day tour, with their first stop being the iconic Statue of Unity. The distinguished guests received a warm welcome at Vadodara airpo...

July 22, 2024 6:37 PM

India’s per capita income projected to reach Rs 14.9 lakh by 2047

As India approaches its 100th year of independence in 2047, the country's per capita income is projected to reach Rs 14.9 lakh, according to a presentation made by Chief Economic Adviser V Anantha Nageswaran. As per a presentation made by the Chief ...

July 22, 2024 5:20 PM

India to remain fastest growing major economy in 2024-25, says CEA Nageswaran

India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V Anantha Nageswaran stated in a press conference after the tabling of the Economic Survey in Parliament on Monday. The Economic Survey projects India to g...

July 22, 2024 5:20 PM

Indian economy capable of growing at sustained rate of 7%: Economic Survey

The Economic Survey presented in Parliament today by Finance Minister Nirmala Sitharaman paints an optimistic picture for India's economic future. According to the survey, the Indian economy has the potential to sustain a growth rate of over 7% in th...

July 22, 2024 5:08 PM

Govt’s timely interventions, RBI’s measures helped maintain retail inflation at 5.4 percent: Economic Survey

The annual Economic Survey, tabled by Union Finance Minister Nirmala Sitharaman in Parliament on Monday, states that despite the pandemic and geopolitical tensions, timely policy interventions by the central government and the Reserve Bank of India's...

July 22, 2024 4:54 PM

Economic Survey 2023-24: India’s non-farm sector needs 78.51 lakh jobs annually for sustainable growth

The Economic Survey 2023-24, released by the finance ministry on Monday, reveals that India's workforce of nearly 56.5 crores is distributed across several sectors: over 45% in agriculture, 11.4% in manufacturing, 28.9% in services, and 13% in constr...

July 22, 2024 3:40 PM

India recovered, expanded in orderly fashion post-pandemic: Economic Survey 2023-24

The Indian economy has recovered and expanded steadily after the pandemic, with the real Gross Domestic Product (GDP) in 2023-24 increasing by 20 per cent compared to the pre-pandemic level of 2019-20, according to the Economic Survey 2023-24 tabled ...

July 22, 2024 2:01 PM

Economic Survey 2024-25: Highlights

The Indian economy continues to expand, demonstrating resilience amid geopolitical challenges, according to the Economic Survey 2023-24. Here are the highlights from the survey, tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday: ...

July 22, 2024 1:34 PM

Indian economy on a strong wicket in face of geopolitical challenges: Economic Survey 2023-24

The Indian economy continues to expand, demonstrating resilience amidst geopolitical challenges, according to the Economic Survey 2023-24 tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday. The 476-page Economic Survey report high...