India’s medium-term potential growth above 7 pct saysUBS

India’s medium-term potential growth above 7 pct saysUBS

India’s medium-term potential growth is likely to be above 7 per cent, backed by policy reforms, higher investments and stable global growth environment, says an UBS report.According to the global financial services major, India ranks higher in medium-term growth potential compared to other emerging markets like Brazil, Russia, Indonesia and China.For Brazil, the medium-term potential […]

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India aspires to and moving towards a $5 tn economy: PM Narendra Modi

India aspires to and moving towards a $5 tn economy: PM Narendra Modi

Prime Minister Narendra Modi on Sunday reiterated that India aspires to, and is moving towards, a $5 trillion economy over the next few years with sustained, comprehensive and holistic development. Inaugurating the first mega global investors summit, “Magnetic Maharashtra: Convergence 2018” here, he said the country is on the firm path of development simultaneously with […]

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World Bank identifies two global risks that could jeopardise India’s progress

World Bank identifies two global risks that could jeopardise India’s progress

Saying that India’s fortunes lie largely in its own hands, the World Bank has identified two global risks that could jeopardise the country’s progress towards a ‘global middle-class status’. These two risks are anti-international trade sentiment and climate change. India’s services exports are being challenged and the climate change is posing threat to the agricultural […]

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