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According to the figures released by World Bank for the year 2017 India has emerged as the sixth largest economy by surpassing France. India's GDP worked out to be $2.597 trillion in comparison to France's $2.582 trillion. India's growth was stunted as a result of some of PM Modi's reforms such as demonetization and faulty implementation of new tax regime, Goods and Services Tax. Only last year the economy picked up and the recovery can be gauged by the increased GDP. The comparison with France is lopsided as the population of India is around 1.34 billion, almost twice as that of France's 67 million people. So the per capita income of Indians is 20 times lower than that of France. There is tremendous growth impetus in Manufacturing and Consumer spending that acted as main drivers of the economy in the latter half of the year 2017. India's GDP had doubled within the last decade propelling it as an economic power to reckon with in Asia. International Monetary Fund has projected that India will have a healthy 7.4% growth rate and it may well reach 7.8% by 2019 due to household spending and tax reform. This is far higher than the world's expected average 3.9% growth rate. According to London-based Centre for Economics and Business Research, a consultancy, India may even overtake both Britain and France in terms of GDP by the end of 2018. They predict that India may become the third largest economy by 2032.
Deepika Padukone, the most beloved actress has a privileged fan following through social media platforms like Twitter, Facebook and Instagram. Mumbai: After bagging numerous awards this year counting the Esquire's International Woman of the Year award and Star Screen Style Icon of the Year award to debuting her first Hollywood picture ‘xXx: Return of Xander Cage,’ ...
NEW DELHI: Two Indian girls aged two-and-a-half and five years old were raped in separate incidents in New Delhi overnight, with at least one confirmed as a gang rape, police said Saturday. The younger child was abducted late Friday by two men from a religious event in west Delhi's Nangloi area and sexually assaulted before being dumped in a park near her home, police and relatives said.
In a special ceremony, Arun Jaitley Minister of Finance of India opened the London Stock Exchange (LSE) and and later had a discussion with the investors on the role of UK in developing the fin-tech ecosystem of India and in delivering priorities forits development. The event was attended by Liam Fox, Minister for International Trade of UK.
Abu Dhabi Global Market (ADGM) and Gujarat International Financial Tec-City Special Economic Zone (GIFT SEZ IFSC) are pleased to further their partnership through closer collaboration on efforts and initiatives that foster the developments of each respective financial markets.
UN Secretary-General Ban Ki-moon in his message on the International Day of Zero Tolerance for Female Genital Mutilation (FGM), 6 February 2014, while announcing that more than 125 million girls and women alive today have been cut in 29 countries in Africa and the Middle East where FGM is most prevalent and data exist, warned that some 86 million young girls worldwide are likely to experience some form of the practice by 2030.
LONDON: England will host two Test matches and two T20 internationals between Pakistan and Australia in 2010, the England and Wales Cricket Board (ECB)
Speaking to the reporters on the margins of the international oil and gas meet CERA Week, Fatih Birol, Executive Director of IEA, said: "India is moving to the centre stage of global oil and energy markets. It is not only oil. It is coal. It is solar. It is out of the strong growth in the economy and the population growth."
The Army is contending with triple challenges in the Northern Command including Pakistan, Chinese belligerence on the LAC and the internal situation in Jammu and Kashmir, General Officer Commanding-in-Chief (GOC-in-C) Northern Command Lt Gen Y K Joshi said today.
France President François Hollande on Thursday accused Russia of not keeping its promises in Syria, while a local leader of the Syrian city of Aleppo called on Europe to send observers to ensure Security of evacuated civilians.
ماسکو: روسی صدر ولادی میر پیوٹن نے اپنی فوج شام سے واپس بلانے کا اعلان کر دیا۔ انھوں نے کہا کہ شام میں روس نے اپنے اہداف حاصل کر لیے ہیں۔ شام کی حکومت کو روسی فوج کی...
NEW DELHI: The murder of a Muslim man over rumours he consumed beef has fuelled a fierce debate over India's rising intolerance towards religious minorities, with President Pranab Mukherjee on Wednesday calling for a tradition of tolerance to be defended.
Hindi Gaurav Johar rosemary Russia correspondent reported Russian Foreign Ministry spokesman, USA Maॅsco opponent's defense minister criticized a statement saying that such statements will be at stake in the peace process in Syria. Maria was Jhakharova Ashton Carter, the statement of pressure on Russia and that Russia criticized the statements of US officials against unacceptable and condemnable in the international diplomatic relations.