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The narrative of India as the new economic miracle is foundational to both the personality cult of Modi and the legitimacy of his government at home and abroad. Modi rode to power in 2014 on the ...
Bilateral trade between India and the United States, India’s largest trading partner, exceeded $118 billion in 2023/24, with India registering a trade surplus of $32 billion.
The Union Budget is the annual financial report of India; an estimate of income and expenditure of the government on a periodical basis. As per Article 112 of the Indian Constitution, it is a compulsory task of the government. [3] The first budget of India was presented on 18 February 1860 by Scotsman James Wilson. [4]
For a continuous duration of nearly 1700 years from the year 1 CE, India was the world's largest economy, constituting 35 to 40% of the world GDP. [111] The combination of protectionist, import-substitution, Fabian socialism, and social democratic-inspired policies governed India for sometime after the end of British rule.
The Economic Times is an Indian English-language business-focused daily newspaper. Owned by The Times Group , The Economic Times began publication in 1961 and it is sold in all major cities in India.
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Investors have very little corporate and economic news to review this week, which is shortened by the New Year holiday. Markets will be closed on Wednesday. On Thursday, investors will get an ...
Composition of India's total production of foodgrains and commercial crops, in 2003–04, by weight. India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 18.6% of the GDP in 2005, employed 60% of the total workforce [13] and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a ...