India achieves USD 1 trillion in FDI milestone | Top FDI sources and sectors
1 week, 3 days ago

India achieves USD 1 trillion in FDI milestone | Top FDI sources and sectors

India TV News  

India has reached a historic milestone with foreign direct investment inflows surpassing USD 1 trillion since April 2000, according to the Department for Promotion of Industry and Internal Trade. Top FDI sources: Small nations lead the pack Mauritius and Singapore dominate Mauritius emerged as the largest contributor, accounting for 25 per cent of FDI inflows, closely followed by Singapore at 24 per cent. A decade of accelerated growth Of the USD 1 trillion in FDI, USD 709.84 billion was recorded in the last decade, accounting for nearly 69 per cent of total FDI since 2000. Comparing FDI with India’s economy To understand the scale of USD 1 trillion, earning USD 1 per second would take over 31,000 years to reach this figure. Future outlook India’s USD 1 trillion FDI milestone highlights its growing prominence in the global economic order.

India Investment Mauritius Trillion Usd Cent Fdi Fdi Milestone  india  cent  fdi  achieves  investment  tax  inflows  trillion  sectors  milestone  global  services  sources  usd

History of this topic

India should not shy away from Chinese investment: Arvind Panagariya explains why
1 week, 4 days ago

India should not shy away from Chinese investment: Arvind Panagariya explains why

Live Mint  

India should remain open to investments from China like other developed countries like the United States and Germany, with an expectation from a handful of sectors, reported the news agency PTI on Thursday, December 12. The activities from which you want to exclude are relatively few because I don't see other countries restricting Chinese investment in large number of sectors,” …

India a key investment destination, FDI inflows cross $1 tn for 2020-24; 25% through Mauritius route
2 weeks ago

India a key investment destination, FDI inflows cross $1 tn for 2020-24; 25% through Mauritius route

Firstpost  

India received USD 177.18 billion from Mauritius, USD 167.47 billion from Singapore and USD 67.8 billion from the US during the period under review, as per the data Foreign direct investment inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period, firmly establishing the country’s reputation as a safe and key investment destination globally. …

FDI inflows to India surpass $1 trillion, with overseas investment likely to gain momentum in FY25
2 weeks, 1 day ago

FDI inflows to India surpass $1 trillion, with overseas investment likely to gain momentum in FY25

Live Mint  

New Delhi, Dec 8 Foreign direct investment inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to the Commerce and Industry Ministry, since 2014, India has attracted a cumulative FDI inflow of USD 667.4 billion, registering an increase of …

How FDI flows into India lost momentum
Trending News
1 month, 1 week ago

How FDI flows into India lost momentum

Live Mint  

Foreign portfolio investors were net sellers of Indian equities for nearly all of October, offloading shares worth ₹1.1 trillion. Data from India’s central bank shows that between April and August, net foreign portfolio flows into India totalled $10.3 billion, a steep drop from $22.9 billion in the same period last year. Read this | Mint Explainer: Why India's net FDI …

Trump 2.0 May Shift FDIs to US, But India’s Inflow Unaffected: SBI Report
1 month, 1 week ago

Trump 2.0 May Shift FDIs to US, But India’s Inflow Unaffected: SBI Report

Deccan Chronicle  

India could see a shift in foreign direct investment trends in the second term of Donald Trump as President of the United States, says a research report by State Bank of India.The report highlighted that under his first term Trump 1.0, the Trump administration made sweeping regulatory changes aimed at attracting investments back to the U.S., which impacted FDI inflows …

India’s clean energy sector sees surge in FDI while other sectoral investments decline
1 month, 1 week ago

India’s clean energy sector sees surge in FDI while other sectoral investments decline

Live Mint  

New Delhi: Foreign Direct Investment equity inflows in the non-conventional energy sector surged in the first three of months of this financial year, making it the tenth-largest FDI destination of all time, underscoring rising global interest in India’s green energy initiatives. Total FDI equity inflows in India's non-conventional energy sector during Q1, FY25 stood at $1.04 billion, up about 35% …

Maharashtra attracted half of the country's FDI in the first quarter of FY25, says Fadnavis
3 months, 2 weeks ago

Maharashtra attracted half of the country's FDI in the first quarter of FY25, says Fadnavis

Hindustan Times  

Mumbai: Maharashtra has secured half of India's foreign direct investment in the first quarter of the 2024-25 financial year, according to Deputy Chief Minister Devendra Fadnavis. Citing the quarterly report from the Department for Promotion of Industry and Internal Trade, Fadnavis revealed that Maharashtra attracted ₹70,795 crore, or 52.46% of the country's FDI. Citing the quarterly report from the Department …

FDI inflows rise 47.8 per cent to USD 16.17 billion in April-June 2024
3 months, 2 weeks ago

FDI inflows rise 47.8 per cent to USD 16.17 billion in April-June 2024

India TV News  

Foreign direct investment in India spiked 47.8 per cent to USD 16.17 billion in April-June this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data on Tuesday. FDI inflows were at USD 10.94 billion in April-June 2023-24. The data showed that overseas inflows in May rose to USD 5.85 billion and in June to …

India's share in global FDI plunges to 2.1 per cent in 2023 from 6.5 per cent in 2020
3 months, 3 weeks ago

India's share in global FDI plunges to 2.1 per cent in 2023 from 6.5 per cent in 2020

New Indian Express  

“The FDI inflows suggest three key corridors–Maharashtra-Gujarat in the West of FDI inflows during October 2019–March 2024; the Karnataka-Tamil Nadu-Andhra-Telangana belt in the South and the NCR region in the North. The proportion of FDI inflows to the services sector increased to 40.9 per cent during FY15-FY24 from 37 per cent during FY01-FY14. The states which have evolved their economic …

Remarkable progress towards trillion-dollar economy target: UP govt
4 months ago

Remarkable progress towards trillion-dollar economy target: UP govt

Hindustan Times  

Lucknow: The Yogi Adityanath government on Tuesday claimed it had made remarkable progress in multiple sectors towards achieving the objective of making Uttar Pradesh a trillion-dollar economy. The Yogi Adityanath government on Tuesday claimed it had made remarkable progress in multiple sectors towards achieving the objective of making Uttar Pradesh a trillion-dollar economy. The secondary sector expanded to over ₹6.17 …

Roll out a red carpet for Chinese investment—but cautiously
4 months, 2 weeks ago

Roll out a red carpet for Chinese investment—but cautiously

Live Mint  

In 2021-22, India received its highest foreign direct investment inflow of $84 billion. Globally, one of the biggest FDI sources is China, which last year alone poured $148 billion into other economies, the world’s third highest, at a time when global aggregate FDI flows were falling. Of the cumulative FDI received since 2000, India approved only $2.5 billion from China, …

How best to attract FDI: Four pointers for an ‘investment-friendly charter’
4 months, 2 weeks ago

How best to attract FDI: Four pointers for an ‘investment-friendly charter’

Live Mint  

Prime Minister Narendra Modi called for the creation of an “investment-friendly charter’ during the ninth Governing Council Meeting of the Niti Aayog on 27 July. Drawing from successful investment models in China and Vietnam and feedback from various firms, we propose that an ‘investment-friendly charter’ should consider a four-step plan to make India a top global investment destination. In 2022, …

Budget 2024: Nirmala Sitharaman backs CEA's suggestion on more Chinese FDI into India
5 months ago

Budget 2024: Nirmala Sitharaman backs CEA's suggestion on more Chinese FDI into India

Hindustan Times  

Finance Minister Nirmala Sitharaman during a post budget press conference on Tuesday said that she doesn't disown the suggestion by chief economic adviser to allow more Chinese foreign direct investment in the country. On the trade front, China emerged as India's top trading partner in 2024 according to data from Global Trade Research Initiative. Mentioning that the chief economic adviser's …

Insurance reforms 2.0: Indians not required, and other relaxations to lure foreign money
5 months ago

Insurance reforms 2.0: Indians not required, and other relaxations to lure foreign money

Live Mint  

New Delhi/Mumbai: The government is considering another phase of reforms for India’s insurance sector, including a proposal to do away with the mandatory requirement of resident Indian citizens to be on the boards and top management of entities with majority foreign investment. The deliberations aimed at further liberalising foreign investment rules for India’s insurance sector come just three years after …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
6 months ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

FDI inflows into India down to $28 billion in 2023: UN
6 months ago

FDI inflows into India down to $28 billion in 2023: UN

Deccan Chronicle  

Chennai: The FDI inflows into India saw a 43 per cent decline in 2023 at $28 billion, while the global foreign direct investments dropped 2 per cent to $1.3 trillion, as per the data of UNCTAD. FDI outflows from India also saw a dip of 8.7 per cent to $13,341 million against $14,618 million in 2022. At $621 billion, they …

Gautam Adani feels it's 'the best time to be an Indian’: ‘No other country…’
6 months ago

Gautam Adani feels it's 'the best time to be an Indian’: ‘No other country…’

Hindustan Times  

Gautam Adani- Adani Group chairman- said that India is on the brink of an unprecedented economic boom within the next decade as the country could start adding trillion dollars to its GDP every 12 to 18 months. This could make India a $30 trillion economy by 2050, Gautam Adani said while speaking at Crisil Ratings' ‘Annual Infrastructure Summit’ where he …

India receives highest FDI from Singapore in 2023-24; Mauritius second biggest investor: Government data
6 months, 3 weeks ago

India receives highest FDI from Singapore in 2023-24; Mauritius second biggest investor: Government data

The Hindu  

India received the highest foreign direct investment from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5% due to global economic uncertainties, according to the latest government data. Though FDI from Singapore has dipped by 31.55% to $11.77 billion in 2023-24, India has attracted the maximum inflows from that country, the data showed. "Recently, …

India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent
6 months, 3 weeks ago

India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent

India TV News  

India's Gross Domestic Product demonstrated robust growth in the January–March 2024 quarter, exceeding analysts' expectations, as per the latest official data released on Friday, May 31. For the full financial year 2023–24, India's GDP growth rate stood at an impressive 8.2 percent, up from 7 percent in FY23, according to an official statement. Analysts had anticipated slower GDP growth for …

India's FDI Equity Inflows Drop 3.49% in 2023-24
6 months, 3 weeks ago

India's FDI Equity Inflows Drop 3.49% in 2023-24

Deccan Chronicle  

With lower infusion in sectors like services, computer hardware and software, telecom, auto and pharmacy among others, foreign direct investment or FDI equity inflows in India declined 3.49 per cent to $44.42 billion in 2023-24, while the FDI inflows stood at $46.03 billion during 2022-23, according to the government data.Inflows during the period from January to March FY24, however, the …

India’s services export grew faster than global average in 2023: UNCTAD data
7 months, 4 weeks ago

India’s services export grew faster than global average in 2023: UNCTAD data

Hindustan Times  

NEW DELHI: India’s annual services export grew at 11.4% in 2023 against the global average of 8.9% and surpassed China which witnessed a 10.1% contraction in the year, according to the quarterly bulletin released by the United Nations Conference on Trade and Development. Robust services trade helped India to compensate for a 3.11% year-on-year contraction in merchandise exports in FY2024 …

Indian finance ministry notifies 100% FDI for satellites ahead of Elon Musk's India visit
8 months ago

Indian finance ministry notifies 100% FDI for satellites ahead of Elon Musk's India visit

Firstpost  

Under these new guidelines, foreign investors can now invest up to 100 per cent of FDI into the sector, with 74 per cent being under the automatic route. This includes investments in satellite manufacturing and operations, the ground segment, user segment, as well as satellite data products India will now allow up to 100 per cent FDI investment in satellite …

Drop in FDI inflows mirrors global trend: Finmin
8 months, 3 weeks ago

Drop in FDI inflows mirrors global trend: Finmin

The Hindu  

The decline in India’s net foreign direct investment inflows, which have dropped almost 31% to $25.5 billion over the first ten months of 2023-24, is in line with the slowdown in such investments to developing countries, the Finance Ministry has said, while holding out hope for an uptick in investments this year. While overall global FDI flows rose 3% to …

Officials: China set to pull in more FDI
9 months ago

Officials: China set to pull in more FDI

China Daily  

Tim Cook, CEO of Apple, shows up as Apple opens its eighth store in Shanghai on Thursday. GAO ERQIANG/CHINA DAILY China's vast market size and complete supply chain, combined with a series of policies focused on stabilizing the economy and enhancing openness, will further brighten conditions for attracting foreign investment, said government officials and heads of multinational corporations on Friday. …

India Seeks Investment Of $50 Billion During First 10 Years Of Trade Pact With EFTA
9 months, 2 weeks ago

India Seeks Investment Of $50 Billion During First 10 Years Of Trade Pact With EFTA

ABP News  

India and four-nation European bloc EFTA will sign a free trade agreement on Sunday, which is likely to help promote investments and exports of key domestic services sectors such as IT, audio-visual, and movement of skilled professionals, an official said. Commenting on the pact, economic think tank Global Trade Research Initiative said that since 98 per cent of India's exports …

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations
9 months, 3 weeks ago

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations

Hindustan Times  

Indian economy grew by 8.4 per cent in October-December 2023 against 4.3 per cent a year ago, government data showed on Thursday. India's GDP grows by 8.4 per cent in December quarter It had projected a growth of 7.3 per cent for the current fiscal in its first advance estimates released earlier in January 2024. Earlier in the day, the …

GoI loosens FDI restrictions on India's private aerospace sector, wants to attract major investments
10 months ago

GoI loosens FDI restrictions on India's private aerospace sector, wants to attract major investments

Firstpost  

The Government of India is loosening its FDA norms for private aerospace sector as it wants to attract major investments. Under the amended FDI policy, India now permits up to 74 per cent FDI under the automatic route in satellite manufacturing and operation The Government of India is loosening its FDA norms for private aerospace sector as it wants to …

Charting India's economic revival and global competitiveness
10 months ago

Charting India's economic revival and global competitiveness

Hindustan Times  

In her budget presentation, finance minister Nirmala Sitharaman unveiled a remarkable achievement in India's economic landscape, emphasising the Foreign Direct Investment surge. Signifying a commitment to fostering continuous economic growth, the finance minister announced a dedication to negotiating bilateral investment treaties, underscoring the government's proactive approach to encourage sustained foreign investment. These strategic measures align with India's vision of positioning …

RBI Governor Shaktikanta Das: CAD for 2023-24, 2024-25 to be eminently manageable
10 months, 2 weeks ago

RBI Governor Shaktikanta Das: CAD for 2023-24, 2024-25 to be eminently manageable

The Hindu  

“With India’s current account deficit declining sharply to 1% of GDP in Q2:2023-24 from 3.8% in Q2:2022-23,” RBI Governor Shaktikanta Das on February 8 said going ahead, the net balance under services and remittances would remain in large surplus, partly offsetting the trade deficit. Moreover, with around 10.2% share in world telecommunications, computer and information services exports, India is a …

Budget focus on BITs is good for the Indian economy
10 months, 2 weeks ago

Budget focus on BITs is good for the Indian economy

Hindustan Times  

An important element in the budget speech of Union finance minister Nirmala Sitharaman was that India is negotiating bilateral investment treaties — treaties that reciprocally protect and promote foreign investment under international law — to encourage foreign investment inflows to India. Niti Bhasin and Rinku Manocha in their 2016 paper, consider the impact of BITs on FDI inflows in India …

Vantage | What India must do to be a $7 trillion economy by 2030
10 months, 3 weeks ago

Vantage | What India must do to be a $7 trillion economy by 2030

Firstpost  

As the Indian government gears up to present the annual budget in what is considered the last one ahead of the general election, the focus is on maintaining stability with an interim budget. In the next three years, India aims to secure its position as the world’s third-largest economy, targeting a GDP of $5 trillion dollars. Projections for India’s growth …

India Needs $840 Billion Investment In Infra By 2036: World Bank
10 months, 3 weeks ago

India Needs $840 Billion Investment In Infra By 2036: World Bank

Deccan Chronicle  

Chennai: By 2036, India will need to invest $840 billion in infrastructure - an average of $55 billion or 1.2 per cent of GDP per annum, finds the World Bank. By 2036, India will need to invest $840 billion in infrastructure - an average of $55 billion or 1.2 per cent of GDP per annum. However, estimates suggest that between …

Indian economy to grow close to 7% in FY25, hit $7 trillion by 2030: FinMin
10 months, 3 weeks ago

Indian economy to grow close to 7% in FY25, hit $7 trillion by 2030: FinMin

Live Mint  

Even as the finance ministry expects FY24 economic growth to exceed the central bank’s projection of 7%, it also expects growth in the following year, FY25, to be close to 7%, even though geopolitical risks could lead to supply chain disruptions and a rise in inflation. The ministry’s latest monthly economic review also said that under reasonable assumptions, India can …

Indian economy likely to grow at 7% in FY25, says government
10 months, 3 weeks ago

Indian economy likely to grow at 7% in FY25, says government

India Today  

The Indian economy is poised for a growth rate of 7 per cent in the fiscal year 2024, with optimistic projections extending into FY25, according to a review of the Indian economy presented by the government. "The robustness seen in domestic demand, namely, private consumption and investment, traces its origin to the reforms and measures implemented by the government over …

Modinomics And Rising India
11 months, 3 weeks ago

Modinomics And Rising India

News 18  

The International Monetary Fund recently called India a star performer, with India projected to contribute 16 per cent to global growth. The October 2023 IIP data also showed that the output of primary goods logged an 11.4 per cent growth compared to 2.1 per cent in the year-ago period. Speaking of India’s GDP, real GDP or GDP at constant prices …

'India will become USD 5 trillion economy by end of 2025': Amit Shah at Uttarakhand Global Investors Summit
1 year ago

'India will become USD 5 trillion economy by end of 2025': Amit Shah at Uttarakhand Global Investors Summit

India TV News  

Uttarakhand Global Investors Summit: India will become a USD 5 trillion economy by the end of 2025, said Union Home Minister Amit Shah on Saturday. Addressing the valedictory session of the Uttarakhand Global Investors Summit at the Forest Research Institute in Dehradun, Shah said that due to the visionary leadership of Prime Minister Narendra Modi, India has progressed rapidly on …

Consistent Decline in FDI Worrying, Deeper Assessment of India’s Prospects Needed - News18
1 year ago

Consistent Decline in FDI Worrying, Deeper Assessment of India’s Prospects Needed - News18

News 18  

India’s GDP grew by 7.6 per cent in the second quarter of the year, a positive sign of economic growth. Even the overall FDI inflows in 2022-23 witnessed a 16 per cent decline, standing at $71.3 billion from $84.8 billion in 2021-22. During January-September of this year, FDI in Vietnam increased by approximately 8 per cent compared to the same …

Increase Investment in India, Goyal tells Corporates
1 year ago

Increase Investment in India, Goyal tells Corporates

Deccan Chronicle  

New Delhi: As India’s focus on infrastructure is empowering the economy and giving it a fillip, Union commerce minister Piyush Goyal on Friday urged the corporate to increase investments in India as the country was "at a sweet spot" with massive development of infrastructure driving the economy. The stock market is also hitting a 4 trillion mark for the first …

A $5 trillion economy, but for whom?
1 year ago

A $5 trillion economy, but for whom?

The Hindu  

Last week, at an election rally in Chhattisgarh, Prime Minister Narendra Modi announced that he is extending the Pradhan Mantri Garib Kalyan Ann Yojna, a scheme providing 5 kg of foodgrains free every month to beneficiaries of the National Food Security Act, by five years because he does not want any citizen to sleep hungry. This is the year the …

India’s GDP crosses $4 trillion for the first time? Sources say country still shy of that landmark
1 year, 1 month ago

India’s GDP crosses $4 trillion for the first time? Sources say country still shy of that landmark

Firstpost  

An unverified screengrab from the live tracking GDP feed for all countries based on data by International Monetary Fund has been widely shared on social media showing India crossing $4 trillion mark India’s gross domestic product, or GDP, has reportedly crossed the $4 trillion-mark in nominal terms for the first time. The rise of New India under PM Narendra Modi …

India makes it to $4 trillion economy club
1 year, 1 month ago

India makes it to $4 trillion economy club

Deccan Chronicle  

New Delhi: Achieving a historic milestone, India's economy on Sunday crossed the $4 trillion mark in its gross domestic product in nominal terms for the first time ever, several media reports said, citing a purported screenshot of a live GDP tracker of all economies based on the IMF data. After the report surfaced in the media circle, BJP leaders, ministers …

World Bank Praises India's Digital Public Infrastructures
1 year, 3 months ago

World Bank Praises India's Digital Public Infrastructures

Deccan Chronicle  

New Delhi: Lauding India’s Digital Public Infrastructures approach, the World Bank has stated that India has achieved in just six years under the Narendra Modi-led government what would have otherwise taken about five decades. "In just six years, India has catapulted its financial inclusion rate from 25 per cent in 2008 to over 80 per cent of adults, according to …

₹7,553-crore FDI in 4 yrs: Punjab at 12th spot, but behind Haryana
1 year, 3 months ago

₹7,553-crore FDI in 4 yrs: Punjab at 12th spot, but behind Haryana

Hindustan Times  

Chandigarh : Punjab has received a cumulative foreign direct investment of ₹7,552.89 crore in the last four years. Punjab has received a cumulative foreign direct investment of ₹ 7,552.89 crore in the last four years The state is at the 12th place in the country in attracting FDI and accounts for 0.5% of the inflows of ₹15.08 lakh crore from …

T.N.’s foreign direct investment inflows fell 27.7% to $2.17 billion in 2022-23
1 year, 4 months ago

T.N.’s foreign direct investment inflows fell 27.7% to $2.17 billion in 2022-23

The Hindu  

Tamil Nadu’s Foreign Direct Investment inflows declined 27.7% to about $2.17 billion in the financial year 2022-23 from $3 billion in 2021-22, as per data shared in Parliament recently. Many other key States, except for Gujarat, have India’s FDI inflows as a whole, declined 16.34% to $70.97 billion in 2022-23 from $84.84 billion in 2021-22, as per the provisional figures …

Quantum jump in FDI inflow into Andhra Pradesh in 2022-23
1 year, 5 months ago

Quantum jump in FDI inflow into Andhra Pradesh in 2022-23

The Hindu  

The Foreign Direct Investment inflow to Andhra Pradesh has registered a quantum leap from $85.85 million in 2020-21 to $224.96 million and $284.22 million in 2021-22 and 2022-23 respectively, according to Union Minister of State for Industry and Commerce Som Parkash. Mr. Som Parkash stated that the FDIs included equity inflow, equity capital of unincorporated bodies, and reinvested earnings and …

Government to hire agency to estimate size of digital economy
1 year, 5 months ago

Government to hire agency to estimate size of digital economy

Deccan Chronicle  

New Delhi: The government is planning to hire an agency to measure the actual size of the digital economy which is estimated to be around USD 1 trillion by 2025, according to an official document. "The RFP aims to invite proposal in the area of estimation and measurement of India's digital economy including formulation of measurement framework, capturing data and …

CAD narrows to 0.2% of GDP in Q4 FY23 on lower trade deficit, higher services exports
1 year, 5 months ago

CAD narrows to 0.2% of GDP in Q4 FY23 on lower trade deficit, higher services exports

The Hindu  

India's current account deficit narrowed to $1.3 billion or 0.2% of GDP in the January-March quarter of FY23, mainly due to moderation in the trade deficit and a robust increase in services exports, RBI data showed on June 27. “India’s current account deficit decreased to $1.3 billion in Q4:2022-23 from $16.8 billion in Q3:2022-231, and $13.4 billion a year ago,” …

India, US govts prepared ground, business community needs to take advantage of it: PM Modi
1 year, 5 months ago

India, US govts prepared ground, business community needs to take advantage of it: PM Modi

Firstpost  

India and the US have done the groundwork for the business community of the two countries and it is now the responsibility of the corporate sector to take advantage of this and proposer, said Prime Minister Narendra while addressing business leaders and philanthropists from India and the US as well as other prominent members of the Indian-American community at the …

India’s GDP has touched $3.75 trillion-mark in 2023: Nirmala Sitharaman
1 year, 6 months ago

India’s GDP has touched $3.75 trillion-mark in 2023: Nirmala Sitharaman

Live Mint  

India's gross domestic product has touched the $3.75 trillion-mark in 2023 so far from around $2 trillion in 2014, said finance minister Nirmala Sitharaman on June 12. Recent government data revealed that India's GDP grew by 6.1 per cent in the fourth quarter of fiscal year 2022-23 beating Street estimates. Recently, ratings agency Moody's estimated the Indian economy to clock …

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