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New Delhi, [India] December 14 (ANI): India is entering a decisive phase of economic expansion that could redefine wealth creation over the next two decades, according to the 30th Wealth Creation Study by Motilal Oswal Financial Services. Drawing inspiration from the past 17 years, during which India's economy expanded fourfold from USD 1 trillion in 2008 to USD 4 trillion in 2025, the study envisions a similar quadrupling of GDP to USD 16 trillion over the next 17 years, from 2025 to 2042. Th ...Read More >
The chief minister started his Bihar campaign by addressing a programme organised by the Bihar Chamber of Commerce and Industry in Patna Haryana chief minister Nayab Singh Saini on Wednesday kicked-off his whirlwind two-day visit to poll-bound Bihar, saying that Bihar is now not just walking on the path of development but running on the highway of progress. The chief minister started his Bihar campaign by addressing a programme organised by the Bihar Chamber of Commerce and Industry in Patna w ...Read More >
Mumbai Metropolitan Region is set for a major transformation. By 2047, it aims to be a global economic leader with a GDP of over a trillion dollars. Population is expected to reach nearly 4 crore. Significant infrastructure projects and job creation will drive this growth. The region will focus on sustainable development and improved liveability. The Mumbai metropolitan region is poised to emerge as one of the world's leading urban economies by 2047, with its gross domestic product (GDP) projec ...Read More >
A significant consumer shift towards premium brands is underway, with the luxury segment's market share projected to hit 70% by FY25, up from 48% in FY20. India's luxury watch market is poised for strong expansion, with annual growth estimated at 11-12 per cent, supported by the country's rising affluent base and growing wealth among high-net-worth individuals (HNIs), according to a recent report by SOIC Research. The report noted that India will be among the fastest-growing markets globally fo ...Read More >
1. Karnataka tops the nation in per capita income due to guarantee schemes: CM Siddaramaiah Chief Minister Siddaramaiah has said that Karnataka emerged as the number one State in the country in terms of per capita income, attributing the achievement to the guarantee schemes implemented by his government. Addressing a public meeting at Koppal, after inaugurating development projects and laying the foundation stones for new ones worth ₹2,000 crore, Mr. Siddaramaiah said the guarantee schemes boos ...Read More >
New Delhi [India], October 3 (ANI): Highlighting India's growing economic potential, the 15th Finance Commission Chairman NK Singh stated that the country's large unsaturated domestic market offers significant opportunities for private investment, public-private partnerships, external private investment, and internal resource mobilisation. Speaking on the sidelines of the 4th 'Kautilya Economic Conclave 2025' in the national captial on Friday, Singh said, "We are at the inflexion point when the ...Read More >
New Delhi [India], October 3 (ANI): Highlighting India's growing economic potential, the 15th Finance Commission Chairman NK Singh stated that the country's large unsaturated domestic market offers significant opportunities for private investment, public-private partnerships, external private investment, and internal resource mobilisation. Speaking on the sidelines of the 4th 'Kautilya Economic Conclave 2025' in the national captial on Friday, Singh said, "We are at the inflexion point when the ...Read More >
Uttar Pradesh Chief Minister Yogi Adityanath underscored the importance of self-reliant panchayats in translating the state's long-term development goals into reality. Addressing district and block panchayat representatives, he called for adopting innovative approaches in annual plans, with a focus on both income generation and public welfare. The interaction formed part of the ongoing Viksit UP@2047 dialogue series, which seeks to gather ideas from local representatives and citizens on how to ...Read More >
Vijayawada, Sep 15 (UNI) Andhra Pradesh Chief Minister N Chandrababu Naidu today announced incentives to those farmers who minimise urea usage. The Chief Minister announced a Rs 800 incentive per bag of urea and directed the officials to distribute the subsidy under the PM Pranam scheme to farmers directly to encourage reducing urea usage. He stated that there is no dearth of urea supply and officials should have planned early for the supply of urea in advance. Addressing the Collectors confer ...Read More >
VIJAYAWADA: Chief Minister N Chandrababu Naidu has stressed that ministers, public representatives, and officials must work to enhance public satisfaction with citizen services and welfare schemes. Chairing a review ahead of the Collectors' Conference on September 15 and 16, he highlighted Andhra Pradesh's 10.5 per cent growth in Q1 and set a target of 15 per cent annually. Naidu projected the State's GSDP to reach Rs 29 lakh crore by 2029 and per capita income Rs 10.55 lakh by 2034. He underli ...Read More >
Bhopal (Madhya Pradesh): Madhya Pradesh Chief Minister Mohan Yadav remembered freedom fighters and martyrs on Independence Day on Friday. He unfurled the tricolour at Lal Parade ground. He inspected the parade by embarking on an open jeep. Addressing the Independence Day programme, he told world saw the prowess of India during the Operation Sindoor carried out against Pakistan. The 11 years of PM Narendra Modi has been unprecedented in terms of development. India has emerged fast emerging econ ...Read More >
Amaravati/New Delhi, Aug 18 (SocialNews.XYZ) Andhra Pradesh's Information Technology and Human Resources Development Minister Nara Lokesh on Monday met External Affairs Minister Dr. S. Jaishankar in the national capital to pitch his state as a hub for global skills and diaspora engagement. The state minister also pushed for skills mobility and responsible migration, positioning Andhra Pradesh as a frontrunner in India's global workforce vision. Lokesh took the opportunity to apprise the Union ...Read More >
Lucknow: Presenting the draft Vision Document 2047 in the Assembly, Chief Minister Yogi Adityanath said it will be finalized with inputs from experts, NITI Aayog, and the public. Building on eight years of progress, the government aims to make Uttar Pradesh a $1 trillion economy by 2030, raise the growth rate to 20% in five years, and chart a course toward $6 trillion by 2047, increasing the state's GDP share from 9.3% to at least 16%, he stated. The Chief Minister said that the current nationa ...Read More >
NEW DELHI: S&P Global Ratings on Thursday raised India's long-term sovereign credit rating to BBB from BBB-, citing stronger macroeconomic fundamentals, including economic resilience, sustained fiscal consolidation, and a policy environment conducive to controlling inflation. The upgrade moves India one notch higher within the investment-grade category, a shift that could lower borrowing costs and lift investor sentiment. S&P said continued reforms, fiscal discipline, and infrastructure invest ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
Lucknow, Aug 14 (UNI) Wrapping up the marathon 24-hour debate on Vision 2047 in the Uttar Pradesh Assembly, Chief Minister Yogi Adityanath today said India can become a developed nation only when every state meets its responsibility and UP will be at the forefront of this mission. CM Yogi took aim at the opposition while highlighting his eight-and-a-half-year record and compared their governance from 1947-2017 with his 2017-2025 tenure. He accused them of fostering a family-centric mindset and ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk an ...Read More >
Lucknow: Asserting that the state government was committed to contribute its bit in making the country developed by 2047, UP parliamentary affairs minister Suresh Khanna said on Wednesday that every citizen of the state needs to be associated with government projection of 'Viksit Bharat' and 'Viksit Uttar Pradesh'.On the third day of the UP Assembly's Monsoon Session, a historic 24-hour debate on 'Vision 2047' began Wednesday, with senior ministers outlining plans for economic growth, social jus ...Read More >
Agartala (Tripura) [India], July 20 (ANI): In a significant national achievement, Tripura has secured the top rank in Compliance Reduction and Deregulation among all Indian states, marking a transformative milestone in governance and administrative reform. Recognising this exemplary progress, the Cabinet Secretariat of India invited Tripura Chief Secretary, JK Sinha, to present the state reform journey in New Delhi on July 18. The presentation was met with widespread appreciation from senior of ...Read More >
Andhra Pradesh, home to India's lone operational spaceport, Satish Dhawan Space Centre (SDSC-SHAR), has revealed its State Space Policy for 2025-2030. The Southern Indian state of Andhra Pradesh, home to India's lone operational spaceport, Satish Dhawan Space Centre (SDSC-SHAR), has revealed its State Space Policy for 2025-2030. According to the Andhra Government, the policy will facilitate investments amounting to Rs 25,000 crore (over $3 billion) in the space sector over the next decade and c ...Read More >
Mumbai : Tesla's long awaited India debut finally took place with chief minister Devendra Fadnavis inaugurating its showroom in Mumbai on Tuesday. The Elon Musk-led car maker unveiled its Model Y compact all-electric SUV at its 'Experience Centre' in Bandra-Kurla Complex with the CM describing it as the "right city and the right state" for the launch."Mumbai stands for innovation and sustainability. In 2015, when I went to the US, I had my first ride in a Tesla, and then I thought we need such a ...Read More >
ITANAGAR, 15 Jul: Chief Minister Pema Khandu on Tuesday said that the state has witnessed significant economic transformation over the past decade, with the gross state domestic product (GSDP) recording a 166 percent increase between 2014 and 2024-25. Highlighting the state's progress under his government's reform-oriented policies, Khandu said the number of goods and services tax (GST) taxpayers has gone up by 141 percent since 2017-18, while per capita income has risen by 105 percent since 20 ...Read More >
Howrah (West Bengal) [India], July 14 (ANI): On being appointed as the governor of Haryana by President Droupadi Murmu, Prof. Ashim Kumar Ghosh on Monday said that it is not a post to take rest and hailed the state for its high per capita income. Ghosh who is a respected academic and political thinker said that the people of Haryana are laborious and mentioned that agriculture is a very important sector for the state, where it has improved. Governor post is not a post to take rest...Haryana ha ...Read More >
Howrah (West Bengal) [India], July 14 (ANI): On being appointed as the governor of Haryana by President Droupadi Murmu, Prof. Ashim Kumar Ghosh on Monday said that it is not a post to take rest and hailed the state for its high per capita income. Ghosh who is a respected academic and political thinker said that the people of Haryana are "laborious" and mentioned that agriculture is a very important sector for the state, where it has improved. Also Read | Maharashtra Govt To Invoke MCOCA Agains ...Read More >
Chennai, July 11 (SocialNews.XYZ) National Security Advisor (NSA) Ajit Doval on Friday spoke about India's rising economic stature and military might on the world stage and also made a prophesy about likely milestones that the country will achieve by 2047, the landmark year when we celebrate 100 years of Independence. He said that the country has the potential to grow at an exponential rate and the GDP may grow by eight times will 2047. Doval, while addressing the gathering at the 62nd convoca ...Read More >
Bengaluru: Congress National General Secretary and Karnataka incharge Randeep Singh Surjewala on Wednesday refuted reports regarding a meeting between the Leader of the Opposition (LoP) in the Lok Sabha, Rahul Gandhi and Chief Minister Siddaramaiah and Deputy CM D.K. Shivakumar in New Delhi, as "purely imaginary". Answering a question by the media on a possible meeting as Chief Minister Siddaramaiah and Dy CM Shivakumar are in New Delhi over developments in the state, he dubbed them "purely ima ...Read More >
New Delhi [India], June 7 (ANI): The Vice-President of India, Jagdeep Dhankhar on Saturday said, 'Political parties in the country will have to bring down the political temperature. The dialogue between political parties cannot be a confrontation -- the dialogue has to be soothing. Democracy is defined, friends, by dialogue and discourse.' Vice President's Secretariat said in an official statement, He further added, 'India is a thriving federal society where there has to be sync between the Cen ...Read More >
New Delhi, May 27 (SocialNews.XYZ) With India on the brink of becoming the world's fourth-largest economy, the milestone will boost the country's manufacturing and medical technology sector, according to the Association of Indian Medical Device Industry (AiMeD) on Tuesday. NITI Aayog on Monday said India is set to become the fourth largest economy in the world by overtaking Japan by the end of 2025. The International Monetary Fund (IMF), in its World Economic Outlook (WEO) report released in A ...Read More >
Bengaluru (Karnataka) [India], December 13: IIFL Capital Services Limited (formerly IIFL Securities Limited) today announced the unveiling of its state-of-the-art office in Bengaluru, dedicated to wealth management services for High Networth Individuals (HNIs) and Ultra High Networth Individuals (UHNIs). IIFL Capital Services is one of the largest wealth managers in India, with about $30 billion (Rs 2.5 lac crore) worth of assets under management, advice and custody. Also Read | Big score is ju ...Read More >
Even in FMCG companies that reported a slowdown in Q2, the premium portion of their portfolios grew in double-digits. With the September quarter earnings season all wrapped up, the picture on the cards is clear, there's a broad-based slowdown in urban consumption across product categories. However, in the eye of the storm, the 'Affluent India' theme remains buoyant, seeing no pressure despite waning demand from the urban population, suggested Arnab Mitra, India Consumer Analyst, Goldman Sachs. ...Read More >
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