By 2027, India Will Be 3rd Largest Economy In World: RBI Deputy Governor
NDTV
In terms of market exchange rates, Reserve Bank Deputy Governor said India is the fifth-largest economy in the world and the third-largest economy on the basis of purchasing power parity.
India will be a USD 5 trillion economy and the third largest in the world by market exchange rates by 2027, aided by the demographic advantage and pace of financial sector development, Reserve Bank Deputy Governor Michael D Patra has said.
Delivering a speech at the 16th SEACEN-BIS High-Level Seminar hosted by the National Bank of Cambodia on Monday, Mr Patra said it is widely believed that during the next two decades -- if not for longer -- the centre of gravity of the global economy will shift eastward to Asia.
The IMF's Regional Economic Outlook for Asia and the Pacific indicates that this region will contribute about two-thirds of global growth in 2023 itself and India will account for a sixth of world output growth in 2023 and 2024, he said.
Gadhagoni Chakradhar Goud, a businessman and founder of Farmer's First Foundation, lodged a complaint alleging illegal surveillance of his phone by Harish Rao and his associates. T
Mr Vaishnaw's comments came while replying to a question on the Nemom railway terminal project in Thiruvananthapuram, which is Mr Tharoor's constituency.
The incident took place on Tuesday at around 8:30 pm, they said adding that the man has been admitted to hospital with burn injuries.
Eknath Shinde was referring to 2019, when Mr Pawar had taken oath as the deputy chief minister in an early morning ceremony and the government had lasted just three days.
The Ministry of Home Affairs (MHA) told the Rajya Sabha it has been ensuring more and more personnel get time to spend with their families
Tamil Film Active Producers Association said certain individuals, under the guise of film reviews, defame directors, actors, and producers, causing damage to their reputations.
Amritsar Police Commissioner Gurpreet Singh Bhullar said it was a police officer who first spotted the attacker, Narain Singh.
After the poll results, Devendra Fadnavis' mother Sarita Fadnavis said everyone in the BJP wanted her son to be Chief Minister again
Replying to multiple questions in the Lok Sabha on restoring discounts given to various categories of train passengers, Ashwini Vaishnaw said if the price of a ticket is Rs 100, then the railways charges just Rs 54 for it -- a discount of 46 per cent.
Pooja Sharma founded Bright the Soul Foundation, an NGO that works towards the welfare of marginalised communities, with an aim to inspire and empower people.