Jan 15, 2024 · Amidst a challenging global scenario, India has emerged as a significant economic and geopolitical power. 2023 was a landmark year for India as it assumed the presidency of the G20, marked by some notable achievements. India is poised to play a defining role in shaping the future of the global economy in 2024 and beyond.

Jan 19, 2024 · India’s economy showed robust growth over the past year, IMF stated as it concluded its Article IV Consultation with India in December. “Growth is expected to remain strong, supported by macroeconomic and financial stability. Real GDP is projected to grow 6.3 per cent in FY2023/24 and FY2024/25.”

Feb 19, 2020 · India, in this ranking, has leapfrogged France and the UK. Despite its growth, challenges remain, from sustainability to infrastructure. India became the world’s fifth largest economy last year, according to data from the IMF’s October World Economic Outlook .

Mar 3, 2023 · But India's chief economic advisor, V. Anantha Nageswaran, says the country is still on track for 7% growth and that 4.0-4.1% is possible in January-March. The International Monetary Fund and the World Bank project India as the fastest-growing major economy in 2023.

Oct 1, 2017 · India is the world’s seventh-largest economy, sitting between France and Italy. Its GDP growth recently dipped to 5.7%; still, India is growing faster than any other large economy except for China. By 2050, India’s economy is projected to …

Jun 26, 2023 · India leads globally in terms of real–time payment transactions with 48.6 billion transactions processed in 2021. Our research estimates that UPI has saved the Indian economy approximately $67 billion since its inception in April 2016.

Aug 5, 2024 · India’s economy is highly dependent on nature and extremely vulnerable to climate risks. A third of its GDP comes from sectors greatly reliant on nature. Research has found that the climate crisis could cost the country from 6.4% to more than 10% of its national income by 2100, taking 50 million more people back into poverty.

Oct 3, 2019 · India has emerged as a powerhouse in the world economy, with its large population, rapid expansion and investment in innovation. As leaders from government, the private sector, academia and civil society gather in New Delhi for the World Economic Forum’s India Economic Summit, here are eight things you need to know:

Oct 7, 2016 · India is now the second fastest growing services economy in the world, up 10% in the past year, according to a report by the industry body Confederation of Indian Industry (CII) and KPMG. Information technology alone accounted for $108 billion worth of services exports in 2014-15, primarily to the United States and Europe.

Jan 20, 2023 · From the economy to the energy transition, India's action on crucial global issues was a major topic of discussion at the World Economic Forum's Annual Meeting 2023 in Davos, Switzerland. By 2035, India will become the third $10 trillion economy, the Center for Economics and Business Research (CEBR) predicts.