Articles for Growth Domestic

5 reasons why India may overtake Japan to become 4th largest economy
3 weeks, 3 days ago

5 reasons why India may overtake Japan to become 4th largest economy

Firstpost  

The International Monetary Fund projects that this will happen as early as 2025. The international body estimates Indian economy’s size would be $4.34 trillion, compared to Japan’s $4.31 trillion India's economy is likely to surpass that of Japan's to become the fourth largest in the world by 2025. File image India’s economy expanded by 5.4 per cent in the July-September …

India Economy Japan Indian Growth Domestic
GST collections hit a 40-month low in September 2024
2 months, 3 weeks ago

GST collections hit a 40-month low in September 2024

The Hindu  

Growth in India’s Gross Goods and Services Tax collections slumped to a 40-month low of 6.5% in September, with revenues at ₹1,73,240 crore, about 1% lower than the tally in August. Gross domestic revenues were up 5.9% in September, with the uptick moderating 4.5% higher after adjusting for refunds, provisional numbers from the Central Board of Indirect Taxes and Customs …

Refunds Month Gross Revenues Domestic Revenues Gst
Bajaj sold over 4 lakh two-wheelers in September, domestic sales rise
2 months, 3 weeks ago

Bajaj sold over 4 lakh two-wheelers in September, domestic sales rise

Hindustan Times  

Bajaj Auto has reported a significant rise in the sales of its two-wheelers for September 2024, with domestic sales increasing by 28 per cent year-on-year. Bajaj Auto's strong market performance in September 2024 highlights significant growth in two-wheeler and commercial vehicle sales, driven by domestic and export demand. The overall sales of Bajaj's commercial vehicles, including both domestic and export …

Domestic Sales Yoy Bajaj Auto Bajaj Commercial Vehicle
Experts call for further restoring consumer sentiment
4 months, 1 week ago

Experts call for further restoring consumer sentiment

China Daily  

Customers select fruit at a supermarket in Dongying, Shandong province, earlier this month. LIU ZHIFENG/XINHUA Restoring consumer sentiment and revitalizing confidence among consumers will be among the key priorities for China's economic growth for the rest of this year, as policymakers shift their focus more toward seeking a consumer-led recovery, according to experts. "Although the economy still faces several headwinds, …

Growth China Consumer Economic Demand Domestic Demand
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, …

India China National Security Billion Chinese Investment Fdi Trade Growth
Vantage | Why even the Chinese don't want to invest in China now
9 months, 2 weeks ago

Vantage | Why even the Chinese don't want to invest in China now

Firstpost  

A woman reacts in front of an electronic screen displaying stock prices at a brokerage house in Hangzhou in east China's Zhejiang province, on 5 February, 2024. Chinese investors rush abroad For decades, China’s economy resembled a glamorous cruise liner, attracting investors from around the globe eager to partake in its prosperity. However, recent headlines from Beijing tell a different …

Economy Growth China Economic Domestic Investors Chinese
Hyundai India zooms past six lakh units sales milestone in 2023
11 months, 3 weeks ago

Hyundai India zooms past six lakh units sales milestone in 2023

Live Mint  

Hyundai Motor India Ltd has revved into 2024, having achieved its highest-ever domestic sales in 2023, crossing the six-lakh milestone with 6,02,111 units sold. Commenting on this record-breaking achievement, Tarun Garg, COO, HMIL, said, “In the momentous year of 2023, Hyundai Motor India witnessed a watershed moment by achieving its highest-ever domestic sales of 6,02,111 units, achieving a respectable 9 …

India Sales Units 2023 Hyundai Hyundai Motor India Hmi
’Indian equities to benefit from macro backdrop, Nifty EPS to grow 18% in FY24’
1 year, 4 months ago

’Indian equities to benefit from macro backdrop, Nifty EPS to grow 18% in FY24’

Live Mint  

India’s financial market assets including equities, private markets, bond yields, are expected to benefit structurally from a favourable macroeconomic backdrop over the next few years. According to a report by Standard Chartered, India’s corporate profit cycle remains the strongest since the 2004-08 cycle as the benchmark Nifty index EPS grew at an average 20 per cent between FY21 and FY23 …

India Cent Standard Chartered Earnings Grow
Indian pharma industry to hit $57 billion by FY25
1 year, 5 months ago

Indian pharma industry to hit $57 billion by FY25

Live Mint  

New Delhi: Domestic pharmaceutical industry will likely hit $57 billion by FY25, along with expansion in operating margins by 100-150 basis points, according to a report by CareEdge Ratings. During FY18 to FY23, the Indian pharmaceutical industry has logged a a compound annual growth rate of 6-8%, primarily driven by an 8% increase in exports and a 6% rise in …

Growth Market Indian Pharma Careedge Ratings Fy23
India Q4 GDP LIVE: GDP Grew By 6.1% In Jan-Mar Quarter; FY23 GDP Stands At 7.2%
1 year, 6 months ago

India Q4 GDP LIVE: GDP Grew By 6.1% In Jan-Mar Quarter; FY23 GDP Stands At 7.2%

News 18  

India GDP Q4 Growth LIVE Updates: The National Statistical Office has released the gross domestic product growth rate for the fourth quarter of fiscal year 2022-23, along with the growth rate clocked during the entire FY23. The country’s gross domestic product or GDP grew by 6.1 percent in the fourth quarter of fiscal year 2022-23, as per the official data. …

India Growth Data Domestic Quarter Gdp Deficit
中国对世界经济增长贡献率全球居首 具备长期发展坚实基础
2 years, 3 months ago

中国对世界经济增长贡献率全球居首 具备长期发展坚实基础

China Daily  

国家统计局日前发布报告称，2013年到2021年，我国对世界经济增长的平均贡献率超过30%，居世界第一。专家指出，过去几年来中国在推动世界经济增长方面一直发挥着中流砥柱的作用。 2022年6月27日，江苏连云港市一家机械有限公司生产车间，工人安装一批纺织用卷绕机。（图片来源：新华社） China is playing an increasingly important role in driving global economic recovery amid fears over a gloomy world economic outlook and pressures from COVID-19 outbreaks and geopolitical tensions, experts said. 专家称，在面对世界经济前景黯淡的担忧和来自新冠疫情及地缘政治紧张局势的压力下，中国在推动全球经济复苏中发挥着日益重要的作用。 They said China's economy will likely maintain its recovery trend in the following months, and the country has solid foundations and the conditions to sustain steady growth …

Economy Growth China Economic Domestic Nbs 2021
China’s economy is plainly staring at a flickery future
2 years, 3 months ago

China’s economy is plainly staring at a flickery future

Live Mint  

The global economic system is going through an unprecedented period. In contrast, the People’s Bank of China, after having held the line for much of the early covid period, has begun to ease monetary policy from around April this year. In economics speak, these are early signs that China’s money supply has begun to “push on a string” and further …

Growth China Chinese Trillion
The economic aftermath of the pandemic’s second wave
3 years, 6 months ago

The economic aftermath of the pandemic’s second wave

Hindustan Times  

Just as India’s economy was recovering from the first wave of the Covid-19 pandemic, the second wave hit, and its intensity, in terms of both fatalities and lockdowns, quickly put an end to India’s swift normalisation of growth after the first wave. The second wave lockdowns have been far less draconian than those imposed during the first wave, both geographically …

India Growth Economic Global Growth Second Wave Vaccine
Toyota's domestic wholesales jump 114 per cent in March 2021
3 years, 8 months ago

Toyota's domestic wholesales jump 114 per cent in March 2021

India Today  

Toyota Kirloskar Motor has reported a growth of 113.60 per cent in domestic wholesales to 15,001 units in March 2021. In the January-March quarter of FY 2020-21, Toyota Kirloskar Motor's domestic wholesales increased 73 per cent in comparison to the corresponding quarter of FY 2019-20. "We have been able to sustain the growth momentum as we closed the last quarter …

Growth Domestic Sales Domestic Sales Cent Toyota 2021
Guilin promotes domestic sales of exports
4 years ago

Guilin promotes domestic sales of exports

China Daily  

An event promoting the domestic sale of export products in Guangxi Zhuang autonomous region is held in Guilin on Dec 11. An event promoting the domestic sale of export products in Guangxi Zhuang autonomous region was held in Guilin on Dec 11, the first of its kind held in the region. Cooperative contracts were signed during the event among local …

Guangxi Guilin
习近平在亚太经合组织工商领导人对话会上的主旨演讲（双语全文）
4 years, 1 month ago

习近平在亚太经合组织工商领导人对话会上的主旨演讲（双语全文）

China Daily  

11月19日，国家主席习近平在北京以视频方式出席亚太经合组织工商领导人对话会并发表题为《构建新发展格局 实现互利共赢》的主旨演讲。 11月19日，国家主席习近平在北京以视频方式出席亚太经合组织工商领导人对话会并发表主旨演讲。 以下为演讲双语全文： 构建新发展格局 实现互利共赢 Fostering a New Development Paradigm and Pursuing Mutual Benefit and Win-win Cooperation ——在亚太经合组织工商领导人对话会上的主旨演讲 （2020年11月19日，北京） 中华人民共和国主席 习近平 Keynote Address by H.E. Fostering a new development paradigm will enable China to better adjust its economic structure and achieve high-quality development. ——在新发展格局下，中国市场潜力将充分激发，为世界各国创造更多需求。中国人均国内生产总值已经突破1万美元，有超过4亿中等收入人口，许多国际机构预计今年中国商品零售市场规模将达到6万亿美元。中国经济的不断发展，中国人民对美好生活的追求，将对来自世界各地更加多样化高品质的产品、技术、服务产生更多需求。尽管受到疫情冲击，中国货物贸易进口规模已基本恢复到去年同期水平。今年9月，在北京举办中国国际服务贸易交易会，吸引了148个国家和地区的2.2万家企业和机构线上线下参展参会。不久前，第三届中国国际进口博览会在上海成功举行，来自124个国家和地区的企业参展，展览面积进一步扩大，成交额进一步提升，达到726.2亿美元。我们将进一步降低关税和制度性成本，培育一批进口贸易促进创新示范区，扩大对各国高质量产品和服务进口。相信随着中国市场潜力不断激发，将为各国提供更广阔的市场机会，为世界经济稳定发展提供更强劲动力。 — The new development paradigm will enable China to fully unlock its market potential and …

International Growth China Trade Development Market Economic
Carmakers in India Report Highest Ever Sales in October 2020; Is the Worst Over for Auto Companies?
4 years, 1 month ago

Carmakers in India Report Highest Ever Sales in October 2020; Is the Worst Over for Auto Companies?

News 18  

Most of the carmakers in India have reported their highest ever sales in the month of October 2020, while other have shown positive growth. Amongst the major players, Maruti Suzuki’s total sales rose 18.9 per cent to 1,82,448 units from 1,53,435 units sold in October 2019. It reported a 13.2 per cent growth in its domestic sales compared to 50,010 …

India Growth Indian Vehicles Domestic Auto Sales
Pharma market reports growth in September
4 years, 2 months ago

Pharma market reports growth in September

Deccan Chronicle  

Chennai: Notwithstanding the higher base, the pharma market grew 4.5 per cent in the month of September. Cardiac drugs grew by 17 per cent, vitamins, minerals and nutrients by 16.3 per cent and anti-diabetic therapy posted growth of 6.5 per cent last month. Meanwhile, Crisil expects pharma exports to grow by 11-12 per cent this fiscal, better than last year’s …

Growth Pharma Cent Volumes