Tag: Indian economy

Budget 2023: AI to National Data Governance Policy, FM Sitharaman drives digital agenda
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Budget 2023: AI to National Data Governance Policy, FM Sitharaman drives digital agenda

[ad_1] Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023-24 today, laying out various proposals to give a boost to the Indian economy in the face of a massive slowdown that has hit the global economy. Underlying all the announcements were the digital initiatives which are expected to boost virtually all the proposals announced today in the Lok Sabha. “The Union Budget 2023 listed multiple initiatives, such as the development of handicrafts, agriculture accelerator funds, push for public-private partnerships for sustainable crops/horticulture, and setting up of multipurpose dairy and fisheries. This will ensure inclusive development of the rural population, and in turn, will give a boost to the sector by enhancing consumption. For months, rural con...
“Countries Which Had Everything…”: S Jaishankar On India’s Covid Fight
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“Countries Which Had Everything…”: S Jaishankar On India’s Covid Fight

[ad_1] It is S Jaishankar's first visit to Saudi Arabia as External Affairs Minister.Riyadh: India has made powerful efforts to grow its economy and emerge as a higher-income country, External Affairs Minister S Jaishankar has said, expressing hope that it will be the fastest growing major economy in the world this year with at least 7 per cent growth despite the challenges posed by the Ukraine crisis.Mr Jaishankar arrived in Riyadh on Saturday on a three-day visit to Saudi Arabia to discuss ways to further strengthen relations between the two countries. It is his first visit to Saudi Arabia as External Affairs Minister."Began my visit to Saudi Arabia with interaction with our community. Appreciated the contribution of our Diaspora in facing national challenges. Spoke to them about our c...
UK Slips Behind India To Become World’s Sixth Biggest Economy
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UK Slips Behind India To Become World’s Sixth Biggest Economy

[ad_1] UK's decline down the international rankings is an unwelcome backdrop for the new prime minister.Britain has dropped behind India to become the world's sixth largest economy, delivering a further blow to the government in London as it grapples with a brutal cost-of-living shock.India leaped past the UK in the final three months of 2021 to become the fifth-biggest economy. The calculation is based in US dollars, and India extended its lead in the first quarter, according to GDP figures from the International Monetary Fund.The UK's decline down the international rankings is an unwelcome backdrop for the new prime minister. Conservative Party members choose Boris Johnson's successor on Monday, with Foreign Secretary Liz Truss expected to beat former Chancellor of the Exchequer Rishi ...