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India on track to becoming third-largest economy by FY31: S&P report

by AIP Online Bureau | Sep 19, 2024 | Eco/Invest/Demography, Indian News, Policy

The country has emerged as the fastest-growing large economy at an 8.2 per cent growth rate in FY24, significantly exceeding the government’s earlier estimate of 7.3 per cent Mumbai: India is on track to become the third-largest economy by fiscal 2030-31, driven...
India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran

India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran

by AIP Online Bureau | Sep 2, 2024 | Eco/Invest/Demography, Facts, Policy, Risk Management, Wealth Management/ Philanthropy

V Anantha Nageswaran, Chief Economic Advisor “Unprecedented levels of public and private sector debt, some visible to regulators and some not, economic growth dependent on continued increase in asset prices to offset the leverage that have built up and hence a...

India outperforms other major economies even as growth slows in April-June

by AIP Online Bureau | Aug 31, 2024 | Eco/Invest/Demography, Indian News

Despite strong growth relative to other economies, India faces challenges in job creation and more inclusive economic growth. These issues have affected real wages, household consumption among lower-income groups, and private investments. New Delhi: India’s...

India economic momentum remains intact, set to achieve 6.5-7 pc growth: Finmin Report

by AIP Online Bureau | Aug 22, 2024 | Eco/Invest/Demography, Indian News, Policy

“Inflation is moderating, and exports of both goods and services are doing better than they did last year. Stock markets are holding on to their levels. Foreign direct investment is looking up as gross inflows are rising,” it said New Delhi: India’s...
Robust economies set to drive global insurance growth and profitability, says Swiss Re

Robust economies set to drive global insurance growth and profitability, says Swiss Re

by AIP Online Bureau | Jul 16, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Policy

Jérôme Haegeli, Group Chief Economist, Swiss Re Jérôme Haegeli, Swiss Re’s Group Chief Economist says, “The insurance industry has reached a new equilibrium after the challenges of recent years. The global economy has surprised on the upside, which should...
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