RCEP not an option, still harmful for India
India escaped this disaster by taking a prudent decision at the right time
world bank
September 2024
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December 2023
November 2023
World Bank raises India GDP growth forecast for FY25 to 7%
The World Bank says India continues to grow at a “healthy pace” despite challenging global conditions, and India’s medium-term outlook remains “positive”
Prices In A Knot
Market macroscope: Steel rebar futures, Lithium prices, and Ethanol prices.
India should grow at 7-10% for 20-30 years to escape middle-income trap: Niti Aayog
The paper says the GDP must grow ninefold from today's $3.55 trillion to $30 trillion by 2047 with an eightfold rise in the per capita income from present's $2,484.8 to $18,000 per annum.
India's remittance growth to halve in 2024: World Bank
India's efforts to link its UPI with source countries such as the UAE and Singapore are expected to reduce costs and speed up remittances, says World Bank
World Bank raises India's GDP growth forecast for FY25 to 6.6%
India's output growth is expected to reach 7.5% in FY24, says World Bank
GenAI to contribute $66-80 bn to GVA in financial sector by 2030: EY
EY study shows around 78% respondents in financial sector have either implemented GenAI in at least one use case or have plans to pilot it in one year
India's private consumption growth may taper off: World Bank
Private consumption growth is likely to taper off, as the post-pandemic pent-up demand diminishes and persistent high food price inflation is likely to constrain spending, says World Bank.
2024 Ahoy! Why GDP growth must improve livelihood of average Indian
India’s GDP is 5th largest in size but average Indian is 159th in income (per capita GDP); rise in debt and inequality would keep the situation unchanged
Soon, Amazon to use river Ganga to deliver products
E-commerce giant ties up with inland waterways authority for cargo movement and customer shipments & products via inland waterways
