India To Have 8% Share In Global Space Economy By 2033
India’s Space Economy has been growing steadily for the last few years, and India has made several significant contributions to the field of space exploration. Now, the Chairman of the Indian National Space Promotion and Authorisation Centre ( IN-SPACe), Pawan Goenka has estimated that the Indian space economy will reach more than $44 billion by…
Shipra Prajapati
India Is On The Path To Become Third-Largest Economy
On the episode of Newstrack, Forum President Borge Brende had a discussion with Microsoft Vice-Chairman and President Brad Smith about India’s efforts to become a catalyst in establishing a new global order. Borge Brende mentioned that India will become the world’s third-largest economy in just a few years. He also said that India will surpass…
Vishal Prajapati
India’s G20 Summit: A Mission Towards Stronger Economy
In the growing economic realm, India has taken the wheel of the G20, a key international organization focused on promoting economic cooperation among nations to tackle global challenges. With a rapidly growing economy, India is going towards more than 6% GDP growth, according to the World Bank. India has become the world’s fifth-largest economy by…
The Emergence Of India’s Space Economy, Touchdown Chandrayaan-3
With the successful landing of Chandrayaan 3 on August 23, India became the fourth nation after the former USSR, the United States, and China to conduct a soft landing on the lunar surface. In addition, India became the first country to reach the moon’s south pole. It is said that Chandrayan 3 will help the…
UPI’s Global Expansion, India To Become Trillion Dollar Economy In Few Years Says PM Modi
At the BRICS conference on Tuesday in Johannesburg, Prime Minister Modi declared that India would have a developed economy by the year 2047. Prime Minister Narendra Modi emphasised India’s advancements in the field of digital payments, including the Unified Payments Interface, or UPI, and enlisted international assistance for the UPI’s international expansion. Modi also promoted…
India’s Economy Set to Maintain Strong Growth Trajectory: S&P
In a testament to India’s robust economic potential, the renowned credit rating agency Standard & Poor’s (S&P) has recently confirmed its projection of a 6% growth rate for India in the fiscal year 2023-24. This forecast not only highlights India’s resilience amidst global economic uncertainties but also solidifies its position as the fastest-growing economy in…
India’s Internet Economy To Reach $1 Trillion By 2030
According to a joint report published by Google, Bain & Company, and Temasek, India has the potential to become a $1 trillion internet economy by 2030. Sanjay Gupta, Manager & VP, Google India, commented on the rising dominance of India’s internet economy, claiming it to register a six-fold growth, majorly because of the e-commerce verticals…
John David
Adani Group’s Total Debt Surpasses 1% of Indian Economy
Gautam Adani’s troubles continue as the total debt of his companies surpasses 1% of the Indian Economy. After Hindenburg Research issued a staggering report that alleged Adani group in accounting fraud and stock manipulation, the stock price of Adani’s various companies kept stumbling. In between this, various economic forums find out the amount of debt…
SHAHID MUSHTAQ
UK Economy Is Expected To Shrink in 2023- IMF
The International Monetary Fund (IMF) recently predicted that the UK would be the only economy to shrink in 2023. According to the economic forecast report published by the IMF on Monday, the UK can experience a significant decline in its economy and perform worse than Russia. Experts also forecasted that the economy is expected to…
Sumit
IMF Predicts India, China To Lead Global Economy in 2023
The International Monetary Fund(IMF) predicted that India and China would account for half of the global growth in 2023. According to the latest outlook of the IMF, India will remain the bright spot along with China in the global economy. Both countries witnessed a strong recovery from the Covid19 slowdown and noticed faster economic growth. According…