Gross Domestic Product

The RBI also revealed that India's net Foreign Direct Investment (FDI) inflow during April-December 2023 was notably lower at $8.5 billion compared to $21.6 billion in the same period of the previous year.

Despite currently ranking as the world's 5th largest market by market capitalization, approximately US $4.5 trillion, India's representation in global indices remains modest, holding the 10th position with a mere 1.6 per cent weight.

As conflict intensifies in the Middle East region, Israel grapples with a staggering economic downturn, with its Gross Domestic Product (GDP) plummeting nearly 20%. The war's far-reaching impact on various sectors has prompted concerns about the nation's financial stability.

The defense allocation of Rs 6.21 lakh crore focuses on advanced technology, representing 1.89% of the estimated GDP. The budget emphasizes modernization, addressing capability deficiencies, and enhancing self-sufficiency, says Girish Linganna

Highlighting the government's achievements, President Murmu noted a substantial reduction in poverty, with approximately 25 crore people lifted out of poverty during her tenure. She also commended India's ascent to one of the top five economies globally.

The Mumbai Metropolitan Region Development Authority (MMRDA) is set to redefine the boundaries of the Mumbai Metropolitan Region (MMR) with the establishment of the New Town Development Authority (NTDA). 'Third Mumbai' promises to be a dynamic hub fostering economic vitality and contributing substantially to the region's growth.

At the individual stall level, where are the at-show marketing activities, or the use of interactive technology to bring exhibits and brands to life, asks Girish Linganna

The nation's consistent efforts in various sectors, coupled with strategic policies and entrepreneurial vigor, have propelled this momentous leap, underlining India's position as one of the fastest-growing major economies worldwide.

Union Minister Bhagwant Khuba has criticized Karnataka Chief Minister Siddaramaiah, likening his style of governance to that of Tughlaq. Khuba also alleged a deliberate process of filing cases against Hindu activists.

While this growth rate is a reduction from the remarkable 13.5% GDP growth witnessed in the same period the previous year, India's economy has exhibited steady expansion and holds the potential for further improvement, particularly during the upcoming festive season.