IMF sees India as bright spot in the global economy: PM Modi
1 year, 11 months ago

IMF sees India as bright spot in the global economy: PM Modi

India Today  

Prime Minister Narendra Modi said that the International Monetary Fund sees India as a “bright spot” in the global economy, while virtually inaugurating the seventh edition of Invest Madhya Pradesh-Global Investors Summit on Wednesday. While appreciating the country’s "strong macroeconomic fundamentals", PM Modi said that even the World Bank considers India in a better position to deal with the global headwinds than many other countries. https://t.co/BLbKGUoZmZ — Narendra Modi January 11, 2023 During his speech, PM Modi welcomed the investors who were present at the event and gave them a bird’s eye view of Madhya Pradesh’s contribution towards the development of India. Praising the government’s initiatives towards the development of India, PM Modi said, “The Atmanirbhar Bharat Abhiyan has imparted greater momentum to it.

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History of this topic

India Emerges as a Safe Haven for Global Investors Amid Market Uncertainty
1 month, 3 weeks ago

India Emerges as a Safe Haven for Global Investors Amid Market Uncertainty

Live Mint  

Global funds are turning to India as a haven amid financial market uncertainties caused by the US election. The country's bonds have been performing well, with its sovereign bonds remaining relatively stable despite a global selloff of US Treasuries. India's currency, the rupee, offers minimal volatility compared to other emerging market currencies, making it a popular destination for investors seeking …

Soft Landing: Global Economy on the Path to Recovery
1 month, 4 weeks ago

Soft Landing: Global Economy on the Path to Recovery

Deccan Chronicle  

Union Finance Minister Nirmala Sitharaman suggests that a soft landing of the global economy is increasingly a possibility due to the coordinated action between countries and multilateral financial institutions. She emphasizes that while economies are not picking up that much yet, the coordinated action between countries to manage supply chain shocks is helping to stabilize the situation. However, she cautions …

India's Economic Potential Soars as Global Landscape Shifts
Trending News
2 months ago

India's Economic Potential Soars as Global Landscape Shifts

The Hindu  

India is well positioned to capitalize on new growth opportunities due to its robust macroeconomic fundamentals and strategic shift towards strategic economic partnerships. The country's focus on domestic capacity building and resilience against external shocks will be key to its success. Ms. Sitharaman emphasized India's potential to become a key partner for many countries seeking to diversify their sources of …

India poised to capitalize on new growth opportunities as global economic landscape shifts
2 months ago

India poised to capitalize on new growth opportunities as global economic landscape shifts

New Indian Express  

Finance Minister Nirmala Sitharaman highlights India's potential to capitalize on new growth opportunities amidst a challenging global economic environment. She emphasizes the country's focus on boosting domestic capacities and building resilience against external shocks. The shift towards a more fragmented global economy could work to India's advantage, as the country seeks to become a key partner for many countries seeking …

India is the bright spot in sluggish economy
8 months, 1 week ago

India is the bright spot in sluggish economy

Hindustan Times  

The April edition of IMF’s World Economic Outlook shows that the global economy has done better in the year than how the Fund expected it to do. Policymakers will have to be cautious in dialling back on monetary tightening, and be mindful of the growing national debt burden, especially in advanced countries. All this will have to be done while …

How India's economy under PM Modi offers 'real alternative' to China?
9 months, 3 weeks ago

How India's economy under PM Modi offers 'real alternative' to China?

India TV News  

New Delhi: While China is reeling under an economic slump bogged down by a property crisis, high youth unemployment and massive local government debt, India's stock market is hitting record highs as the value of companies surpassed $4 trillion in 2023, with strong FDI inflow and investments expected in the future, leading many experts to believe that New Delhi offers …

India a growth engine: PM to world, biz leaders
11 months, 2 weeks ago

India a growth engine: PM to world, biz leaders

Hindustan Times  

The world perceives India as an important pillar of stability, a global growth engine, the voice of the Global South and a friend who can be trusted, Prime Minister Narendra Modi said on Wednesday as he addressed world and business leaders while inaugurating the Vibrant Gujarat Global Summit in Gandhinagar. “The world looks at India as an important pillar of …

Riding high on the growth momentum
11 months, 2 weeks ago

Riding high on the growth momentum

Hindustan Times  

The Indian economy’s growth continues to surprise: The recently released advance estimate of Gross Domestic Product by the National Statistical Office showed that the economy will grow 7.3% in the current fiscal year 2023-24, slightly higher than last year’s 7.2% increase. India’s growth rate has kept a 7% handle for the last two years, but the world’s GDP growth has …

World looks at India as global growth engine, trusted friend: PM Modi at Vibrant Gujarat Global Summit
11 months, 2 weeks ago

World looks at India as global growth engine, trusted friend: PM Modi at Vibrant Gujarat Global Summit

Firstpost  

“The world looks at India as an important pillar of stability. Addressing the opening ceremony of the 10th edition of the Vibrant Gujarat Global Summit, PM Modi said, “The world looks at India as an important pillar of stability. A friend who can be trusted, a partner who believes in people-centric development, a voice that believes in global good, a …

India’s GDP reflects strong economy and reforms: PM Modi. Top 10 Updates
1 year ago

India’s GDP reflects strong economy and reforms: PM Modi. Top 10 Updates

Live Mint  

Prime Minister Narendra Modi hailed India's robust economic growth, speaking at the 'Infinity Forum 2.0' conference at GIFT City via video link, he emphasised the pivotal role of transformative reforms conducted over the past decade in fostering this progress. Modi hailed India's growth, citing a GDP surge of 7.7 percent in the initial half of the fiscal year as evidence …

Sprinting when world is limping
1 year, 2 months ago

Sprinting when world is limping

Hindustan Times  

With a 6.3% growth in 2023-24 and 2024-25, India will continue to be the fastest growing major economy in the world, the International Monetary Fund said in its World Economic Outlook on October 10. Unless the situation in West Asia really flares up after Hamas’s attack on Israel and energy prices increase significantly, inflation is unlikely to be a major …

'Powerhouse of growth and innovation': PM Modi hails economy after IMF growth projection for India
1 year, 2 months ago

'Powerhouse of growth and innovation': PM Modi hails economy after IMF growth projection for India

India TV News  

Prime Minister Narendra Modi on Tuesday asserted the country is a global bright spot and powerhouse of growth and innovation citing the International Monetary Fund forecasting robust economic growth in India amid concerns over global economy volatility. The IMF raised India's GDP projection marginally by 0.2 per cent to 6.3 per cent, while the financial agency slashed the global growth …

With India’s Massive G20 Success, PM Modi has Created an Unparalleled Global Legacy - News18
1 year, 3 months ago

With India’s Massive G20 Success, PM Modi has Created an Unparalleled Global Legacy - News18

News 18  

First and foremost, India has emerged as the strongest voice of the Global South. If one were to examine some of the salient points of IMEE EC: Two separate corridors — the East corridor connecting India to West Asia and the Northern corridor connecting West Asia to Europe. PM Modi’s leadership has bridged the trust deficit that had risen in …

India to soon become $5 trillion economy, says PM Modi
1 year, 4 months ago

India to soon become $5 trillion economy, says PM Modi

The Hindu  

Prime Minister Narendra Modi on August 22 said India will soon become a $5 trillion economy and is poised to become the growth engine of the world in the coming years. Speaking at the BRICS Business Forum Leaders’ Dialogue, Mr. Modi highlighted that “mission-mode” reforms has improved the ease of doing business in India and invited businesses to be part …

India is making its mark in the world
1 year, 6 months ago

India is making its mark in the world

Hindustan Times  

India is in a rare moment of equilibrium. India’s economy is no longer at the receiving end of the global order but is in the fray of the world’s most powerful future economies, with an unmatched growth rate. The International Monetary Fund says India and China will account for 50% of the total world gross domestic product growth in 2023, …

India will stay on course; projected to grow at 7% in 2022-23: FM Sitharaman
1 year, 8 months ago

India will stay on course; projected to grow at 7% in 2022-23: FM Sitharaman

The Hindu  

Observing that the International Monetary Fund and World Bank have estimated India to be the fastest-growing major economy in 2023, Finance Minister Nirmala Sitharaman has said the Indian economy will stay on course and is likely to grow at 7% in 2022-23. Attending the Plenary Meeting of the International Monetary and Financial Committee at the IMF Headquarters here on Friday …

‘Very strong economy’, IMF on India’s growth trajectory
1 year, 8 months ago

‘Very strong economy’, IMF on India’s growth trajectory

Live Mint  

International Monetary Fund division chief Daniel Leigh on Tuesday reposed faith in the Indian economy and said that it is a "very strong economy." The statement has come at a time when the IMF has lowered its projection growth for India during 2023-24 to 5.9 per cent from 6.1 per cent earlier. Then we go up to 6.3 next year …

"Very strong economy...': IMF division chief Daniel Leigh on India's growth trajectory
1 year, 8 months ago

"Very strong economy...': IMF division chief Daniel Leigh on India's growth trajectory

Firstpost  

Washington: International Monetary Fund division chief Daniel Leigh on Tuesday said that India is a very “very strong economy” and one of the bright spots in the global economy. #WATCH | Growth rate for India which is 6.8 in 2022, this is one of the bright spots in the Global Economy.we go up to 6.3 next year, again a very …

India, China to account for half of global economic growth this year: IMF
1 year, 8 months ago

India, China to account for half of global economic growth this year: IMF

India Today  

India and China are expected to account for half of the global economic growth this year, International Monetary Fund managing director Kristalina Georgieva said on Thursday. "The period of slower economic activity will be prolonged, with the next five years witnessing less than 3% growth, our lowest medium-term growth forecast since 1990, and well below the average of 3.8% from …

India remains a ‘bright spot’, to contribute 15% of global growth in 2023: IMF MD
1 year, 10 months ago

India remains a ‘bright spot’, to contribute 15% of global growth in 2023: IMF MD

The Hindu  

India continues to remain a relative "bright spot" in the world economy, and will alone contribute 15% of the global growth in 2023, International Monetary Fund Managing Director Kristalina Georgieva said. And in that way, India is providing about 15% of global growth in 2023," Ms. Georgieva told PTI in an interview. India remains a bright spot at a time …

‘India bright spot…’: At Davos 2023, World Economic Forum chief on PM Modi
1 year, 11 months ago

‘India bright spot…’: At Davos 2023, World Economic Forum chief on PM Modi

Hindustan Times  

Lauding Prime Minister Narendra Modi's leadership in a fractured world, the World Economic Forum's Founder and Executive Chairman Klaus Schwab said India is a bright spot amid the global crisis. The WEF also issued a statement and said it values its nearly 40-year collaborative history with India After attending an India reception on Thursday night during the WEF Annual Meeting …

India bright spot amid global crisis; PM Modi's leadership critical in fractured world, says WEF Chairman
1 year, 11 months ago

India bright spot amid global crisis; PM Modi's leadership critical in fractured world, says WEF Chairman

The Hindu  

Lauding Prime Minister Narendra Modi's leadership in a fractured world, the World Economic Forum's Founder and Executive Chairman Klaus Schwab said India is a bright spot amid the global crisis. "India's G20 presidency comes at a crucial time, Prime Minister Modi's leadership is critical in this fractured world," Mr. Schwab said. The WEF also issued a statement and said it …

MP Global Investors’ Summit: Indore will become IT hub, says CM Chouhan
1 year, 11 months ago

MP Global Investors’ Summit: Indore will become IT hub, says CM Chouhan

Hindustan Times  

Indore will become a hub of the information technology industry, Madhya Pradesh chief minister Shivraj Singh Chouhan said at the 6th Global Investors’ Summit on Wednesday, adding that several companies have promised to invest ₹75,000 crore in the state. Madhya Pradesh chief minister Shivraj Singh Chouhan addresses the Global Investors Summit-2023, in Indore on Wednesday. Adani Agro Oil and Gas …

India is on path of reform, transform and perform: PM Modi to global investors
1 year, 11 months ago

India is on path of reform, transform and perform: PM Modi to global investors

Live Mint  

NEW DELHI: Inviting global investors to India, Prime Minister Narendra Modi on Wednesday said that the country was on the path of reform, transform and perform. Addressing the Madhya Pradesh Global Investors Summit 2023, PM Modi asked global players to invest in multimodal infrastructure projects and production-linked incentive schemes. India has been on the path of ‘Reform, Transform and Perform’ …

‘India on path of reform…’: PM Modi at Global Investors Summit 2023| Top quotes
1 year, 11 months ago

‘India on path of reform…’: PM Modi at Global Investors Summit 2023| Top quotes

Hindustan Times  

Prime minister Narendra Modi addressed the 'Invest Madhya Pradesh - Global Investors Summit 2023' via video-conferencing on Wednesday and hailed the country's economic growth, saying that the International Monetary Fund sees India as a 'bright spot' in the global economy. PM Modi at Global Investors Summit 2023 Here are PM Modi's top quotes from his address at the Global Investors …

'India is bright spot in global economy': Modi bats for investment at MP summit
1 year, 11 months ago

'India is bright spot in global economy': Modi bats for investment at MP summit

Hindustan Times  

The Indian economy has 'strong macroeconomic fundamentals' and is expected to be among the fastest growing in the elite G-20 grouping, prime minister Narendra Modi said Wednesday at a global investors summit in Madhya Pradesh. Hailing India as an 'attractive destination for investment', the prime minister said his government's work on key economic reforms despite global challenges had led to …

Global slowdown not mirrored in India, says Finance Ministry
2 years ago

Global slowdown not mirrored in India, says Finance Ministry

The Hindu  

India’s economic momentum has been sustained well in the third quarter of 2022-23 and there is cause for cautious optimism as the slowdown in global economic activity is not mirrored in India’s performance of various high-frequency indicators, the Finance Ministry said on December 23, 2022. The downsides of India’s widening current account deficit are expected to be limited by a …

Video that was shown at Global Investors’ Meet 2022
2 years, 1 month ago

Video that was shown at Global Investors’ Meet 2022

The Hindu  

Karnataka Government has laid a red carpet for global investors instead of trapping them in the mesh of red tapism, Prime Minister Narendra Modi told delegates at the Global Investors’ Meet on November 2 through video-conferencing while inaugurating the three-day investment exposition hosted in Bengaluru. Prime Minister Modi said his government has encouraged investments in various sectors that were earlier …

World sees India as a bright spot in crisis-ridden global economy, says Modi
2 years, 1 month ago

World sees India as a bright spot in crisis-ridden global economy, says Modi

Deccan Chronicle  

BENGALURU: In the times of a “global crisis,” India was being called a “bright spot” by economic experts and analysts across the globe and the world has huge expectations from the country, Prime Minister Narendra Modi said on Wednesday. He also said that by ending the policy level crisis, his government has created an atmosphere of “red carpet” for investments, …

India is doing better and in relatively bright spot compared to others: IMF
2 years, 2 months ago

India is doing better and in relatively bright spot compared to others: IMF

Deccan Chronicle  

Washington: When everyone is slowing down in terms of economic growth, India has not remained unimpacted, but is doing better and is in a relatively bright spot compared to other countries, a top International Monetary Fund official said on Tuesday. In that context, India is doing better and is in a relative bright spot compared to the other countries in …

Most nations' economy slowing but India in relative bright spot: Top IMF official
2 years, 2 months ago

Most nations' economy slowing but India in relative bright spot: Top IMF official

India Today  

A top official at the International Monetary Fund has said at a time when most countries’ economic growth is slowing, India is doing better and is at a relatively brighter spot, despite several hiccups. The International Monetary Fund on Tuesday, October 11, revised its projection of India's economic growth in 2022 to 6.1 per cent, joining other international agencies that …

‘In line with US, UK’: PM hails India’s achievement in global financial sector
2 years, 4 months ago

‘In line with US, UK’: PM hails India’s achievement in global financial sector

Live Mint  

Prime Minister Narendra Modi on Friday launched India's first international bullion exchange in Gandhinagar. At the event PM Modi hailed Indian in the same league as USA, UK and Singapore in terms of global financial sector. The event that is being hosted by International Financial Services Centres Authority, under the aegis of the Government of India in collaboration with GIFT …

Trade pacts, Aatmanirbhar Bharat vision: PM Modi shares report card of 8 years
2 years, 6 months ago

Trade pacts, Aatmanirbhar Bharat vision: PM Modi shares report card of 8 years

Live Mint  

Sharing details of various initiatives, Prime Minister Narendra Modi on Saturday asserted that his government has made a series of pro-people decisions to help the poor, youth, farmers, women and the marginalised. He also shared articles from his website that had details of the government's reforms in the defence sector with a focus on indigenisation, making of defence corridors and …

Modi@8: How India rediscovered itself to take its rightful place in the world
2 years, 7 months ago

Modi@8: How India rediscovered itself to take its rightful place in the world

Firstpost  

Viewed from both domestic as well as diplomatic parameters, the Modi government’s performance in the last eight years has been nothing short of stellar “What India needs is a new electric fire to stir up a fresh vigour in the national veins.” This was Swami Vivekananda’s edict for an awakened and progressive nation, a vision that decades later was fuelled …

India’s high growth rate 'positive news' for world: IMF
2 years, 8 months ago

India’s high growth rate 'positive news' for world: IMF

Hindustan Times  

International Monetary Fund chief Kristalina Georgieva on Wednesday lauded India's high growth rate, as projected in the latest World Economic Outlook, saying that it is positive news for the world. Even with the small downgrade, growth is projected for this year to be 8.2 per cent," said Georgieva, adding, "healthy for India, but also positive in a world where growth …

Finance Minister Sitharaman meets IMF chief, discusses impact of recent 'geopolitical developments' on global economy
2 years, 8 months ago

Finance Minister Sitharaman meets IMF chief, discusses impact of recent 'geopolitical developments' on global economy

Firstpost  

During the meeting, IMF Chief Kristalina Georgieva highlighted India’s well-targeted policy mix that has helped the Indian economy remain resilient even with a limited fiscal space Washington: Finance Minister Nirmala Sitharaman on Tuesday held talks with IMF chief Kristalina Georgieva during which they voiced concern over the impact of the recent “geopolitical developments” on the global economy and the challenges …

India good at managing finances but global energy price rise will hurt it, says IMF MD
2 years, 9 months ago

India good at managing finances but global energy price rise will hurt it, says IMF MD

The Hindu  

India has been very good at managing its finances but the surge in global energy prices is going to have a negative impact on its economy, said Kristalina Georgieva, the Managing Director of the International Monetary Fund. That has implications on the purchasing power of Indian households.” "If you're looking at headline inflation numbers, inflation in India is close to …

Talent, market, capital, eco-system, openness: PM Modi invites world to invest in India
3 years, 6 months ago

Talent, market, capital, eco-system, openness: PM Modi invites world to invest in India

India TV News  

Prime Minister Narendra Modi on Wednesday addressed the 5th edition of Europe's VivaTech digital and start-up event and invited the world to invest in India based on the five pillars of — talent, market, capital, eco-system, and culture of openness. Inviting investors to the country, the Prime Minister said that innovation came to the rescue during Covid as he highlighted …

India adaptable, agile even amid Covid-19 pandemic: PM Modi at VivaTech
3 years, 6 months ago

India adaptable, agile even amid Covid-19 pandemic: PM Modi at VivaTech

Hindustan Times  

Prime Minister Narendra Modi on Wednesday said India as a nation is adaptable and agile while commending the startups and the private sector in its fight against the coronavirus pandemic. Prime Minister Narendra Modi "We in India implemented huge reforms across sectors, be it mining, space, banking, atomic energy and more. This goes on to show that India as a …

India’s mask of economic liberalism is off
4 years, 1 month ago

India’s mask of economic liberalism is off

The Hindu  

India’s External Affairs Minister S. Jaishankar recently disapproved of free trade and globalisation. Third, in blaming FTAs for the woes of India’s manufacturing, the External Affairs Minister is contradicting his own government’s economic survey presented earlier this year, which concluded that India has benefitted overall from FTAs signed so far. Fourth, the External Affairs Minister, following the finest traditions of …

Govt Will Do Whatever it Takes to Make India Engine of Global Growth, Says PM Modi to Investors
4 years, 1 month ago

Govt Will Do Whatever it Takes to Make India Engine of Global Growth, Says PM Modi to Investors

News 18  

Prime Minister Narendra Modi on Thursday wooed global investors by showcasing the recent agriculture and labour reforms and faster-than-anticipated reflating of the economy and asserted that the government will do whatever it takes to make India the engine of global growth resurgence. Speaking to 20 top global investors, the Prime Minister said the “Self-Reliant India” campaign does mean the country …

Mixed messaging: The Hindu Editorial on India as an investment destination
4 years, 3 months ago

Mixed messaging: The Hindu Editorial on India as an investment destination

The Hindu  

Prime Minister Modi last week elaborately pitched India as an investment destination that could serve as a manufacturing hub at the heart of global supply chains. This tack is consistent with recent initiatives to explore supply-chain synergies with other economies, including Japan, as an escalating border feud casts a shadow over India’s economic and trade ties with its northern neighbour. …

Narendra Modi pitches India as best place for global investors
4 years, 3 months ago

Narendra Modi pitches India as best place for global investors

The Hindu  

Prime Minister Narendra Modi on Thursday made a pitch for India as an investment destination and reliable player in global supply chains. Delivering the keynote address at the U.S. India Strategic Partnership Forum via video link, Mr. Modi said nobody could have imagined when 2020 began that the year would turn out this way, with a global pandemic impacting everyone. …

Come invest in India, says PM Modi in address to India Ideas Summit 2020 | 5 points
4 years, 5 months ago

Come invest in India, says PM Modi in address to India Ideas Summit 2020 | 5 points

India Today  

Delivering his keynote address at the India Ideas Summit 2020, Prime Minister Narendra Modi on Wednesday said this is the best time to invest in India and US firms must make use of this opportunity for mutual growth of the two countries. In his address, PM Modi said today India is "emerging as a land of opportunities". 2) PM Modi …

India seeing 'green shoots', laying out ‘red carpet’ for investors: PM Modi
4 years, 5 months ago

India seeing 'green shoots', laying out ‘red carpet’ for investors: PM Modi

The Hindu  

As the Indian economy sees a revival, global investors should invest in the world’s “most open economies”, Prime Minister Narendra Modi said on Thursday, “Indians have the spirit to achieve what is believed to be impossible. No wonder that in India, we are already seeing green shoots when it comes to economic recovery,” he observed at a “India Global Week” …

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