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India needs 8% growth to achieve Viksit Bharat by 2047: Economic Survey

India must sustain an average growth rate of 8% over the next two decades to realize its ambition of becoming a developed nation by 2047, according to the Economic Survey 2024-25 tabled in Parliament by Finance Minister Nirmala Sitharaman. The repor...

January 31, 2025 5:12 PM

Myanmar military extends state of emergency amid ongoing civil war and election plans

Myanmar's ruling military has extended a state of emergency for another six months, state media reported on Friday, a day ahead of the four-year anniversary of a coup that plunged the country into chaos after a decade of tentative democracy. Myanmar...

January 31, 2025 4:06 PM

Govt bullish on creating robust infra, private sector must reciprocate too: Economic Survey

The government has laid a special focus on infrastructure -- physical, digital and social -- in the last five years and those efforts would need to be supplemented with wholehearted acceptance of the need for public-private partnerships in infrastruc...

January 31, 2025 4:05 PM

PM Modi lauds President Murmu’s vision for a developed India and inclusive growth

Prime Minister Narendra Modi on Friday praised the joint Parliament address delivered by President Droupadi Murmu, applauding her vision for a prosperous India where the youth have the best opportunities to thrive. In his remarks, PM Modi highlighted...

January 31, 2025 3:46 PM

India’s economy remains steady amidst global uncertainties: Economic Survey

India’s domestic economy remains steady amidst global uncertainties, driven by robust growth in the services sector, a rebound in agriculture, and the industrial sector picking up momentum on the back of rising private consumption, according to the...

January 31, 2025 2:58 PM

Israel targets Hezbollah sites in Lebanon, accuses group of ceasefire breach

The Israeli military said on Friday it struck several Hezbollah targets overnight in the Bekaa Valley and along the Syrian-Lebanese border. The army said the targets include a facility used for underground weapons development and another associated ...

January 31, 2025 3:00 PM

India uniquely positioned to harness AI potential, says economic survey 2024-25

India’s demographic edge and diverse economic environment present a unique opportunity for the nation to leverage artificial intelligence (AI), according to the Economic Survey for 2024-25 tabled in Parliament on Friday by Finance Minister Nirmala ...

January 31, 2025 2:46 PM

India tops global list in passenger loads on domestic flights

India’s domestic flights achieved a passenger load factor of 86.4 percent in 2024, the highest globally, surpassing the US (84.1 percent) and China (83.2 percent), which ranked second and third, respectively, according to the latest report from the...

January 31, 2025 2:50 PM

Union Budget 2025-26: Fiscal consolidation, infrastructure spending, and sector-specific incentives in focus

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2025-26 on Saturday, key areas of focus are expected to include fiscal consolidation, infrastructure spending, and sector-specific incentives, according to leading global bro...

January 31, 2025 2:44 PM

Ukraine launches new drone attacks on Russian oil refineries

An oil refinery in Russia's southern Volgograd region caught fire after an overnight Ukrainian drone attack, but the blaze has since been extinguished, the regional governor said on Friday. Andrei Bocharov, the governor, stated in a message on the T...

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