The International Monetary Fund (IMF) has maintained India’s growth forecast at 7% for FY25, consistent with its July prediction, highlighting that the 'pent-up demand' during the pandemic is diminishing as the economy returns to its potential.
Prime Minister Narendra Modi on Tuesday (October 22, 2024) embarked on a two-day visit to Kazan, Russia to participate in the 16th summit of the BRICS (Brazil-Russia-India-China-South Africa) grouping.
India on Monday expressed reservations over the facilitator-led process in the World Trade Organisation to discuss issues on agriculture, saying that it would potentially undermine ministerial mandates and take negotiations backwards, an official said.
Union Home Minister and Minister of Cooperation Shri Amit Shah, today inaugurated several farmer welfare schemes worth Rs.300 crore during the National Dairy Development Board's (NDDB) diamond jubilee celebration along with the commemoration of birth anniversary of Shri Tribhuvandas Patel in Anand, Gujarat. On this occasion, several dignitaries were present, including the Union Minister for Panchayati Raj, Fisheries, Animal Husbandry & Dairying, Shri Rajiv Ranjan Singh.
Gujarat, with its vast 1,600 km of coastline, has emerged as a major force behind India’s industrial and commerce expansion because of its advanced infrastructure and progressive policies.
Finance Minister Nirmala Sitharaman on Monday said India is poised to continue its growth trajectory and is likely to become the world's third-largest economy by 2027. India currently is the fifth largest economy in the world with a GDP of around USD 3.9 trillion.
Finance minister Nirmala Sitharaman on Monday pitched the India story to a large group of pension funds and institutional investors in the US and impressed on them to take advantage of India's enormous investment opportunities.
The production of groundnut in Gujarat, the top producer of the popular table but, is set to increase by 26% over previous year driven by increase in area and productivity, said industry body Solvent Extractors' Association (SEA).
