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Annual growth rate of over 12% needed for TN to become $1 trillion economy by 2030: Survey

The survey was released a day before the DMK-led Tamil Nadu government tables its last full-fledged budget on March 14 ahead of the 2026 assembly elections

The Tamil Nadu government has steadily increased its social sector expenditure, from <span class='webrupee'>₹</span>79,859 crore in 2019-20 to <span class='webrupee'>₹</span>1.16 lakh crore in 2023-24, the survey stated. (PTI)

india news

Published on Mar 14, 2025 06:48 AM IST

ByDivya Chandrababu, Chennai

Road map to Viksit Bharat

The 2024-25 Economic Survey emphasizes India's macroeconomic stability and calls for sustained 8% growth through domestic investment and reforms.

New Delhi: Union Finance Minister Nirmala with her team of officials while giving final touches to the Union Budget 2025-26, in New Delhi, Friday, Jan. 31, 2024. (PTI Photo/Ravi Choudhary) (PTI)

editorials

Updated on Jan 31, 2025 08:07 PM IST

ByHT Editorial

India to be third largest economy by 2030-31; grow 6.7% per annum: S&P Global

India is set to become the third-largest economy by 2030-31, driven by a 6.7% growth rate.

S&P Global emphasizes the need for reforms, infrastructure development, and advanced technologies to sustain India's economic growth.

business

Published on Sep 20, 2024 10:17 AM IST

ANI |

Gujarat’s non-major ports see 15% surge in cargo traffic in first quarter

This surge was primarily driven by private ports and captive jetties, which handled over 90% of the total cargo

t\These ports jumped from approximately 106 MMT in Q1 FY24 to an impressive 122 MMT in Q1 FY25. (Representational image)

business

Published on Jul 09, 2024 07:21 PM IST

ByHT Correspondent

Double GDP growth rate to make UP trillion-dollar economy: Yogi

The state’s GDP has gone up from ₹16.45 crore in 2020-2021 to ₹25.48 crore in 2023-2024, growing 16.7% in three years, which is above the national average: UP CM

Yogi Adityanath said Ayodhya, Mathura and Kashi were important centres of religious tourism and a study should be conducted about how the state was being benefitted from the changes made in these cities in the past seven years. (File Photo)

cities

Updated on Jun 11, 2024 05:06 AM IST

ByHT Correspondent

India is 'one of the strong performers': IMF

With this, India continues to be the fastest growing economies of the world and ahead of China’s growth projection of 4.6 per cent during the same period.

At the same time, growth in emerging and developing Asia is expected to fall from an estimated 5.6 per cent in 2023 to 5.2 per cent in 2024 and 4.9 per cent in 2025. (File)

india news

Published on Apr 17, 2024 02:18 AM IST

PTI |

IMF says K Subramanian's 8% growth forecast for India is his own view, not ours

Krishnamurthy Subramanian projected a growth rate of 8 per cent for India- different from the last growth rate projections by the IMF.

business

Updated on Apr 05, 2024 07:52 PM IST

ByHT News Desk

China unveils 5% growth target, ups defence budget

China’s annual military budget for 2024, which the prime minister said will increase by 7.2% to roughly 1.67 trillion yuan or $230 billion

China's President Xi Jinping (left) speaks with Premier Li Qiang during the opening session of the National People's Congress (NPC) at the Great Hall of the People in Beijing on Tuesday. (AFP)

india news

Updated on Mar 06, 2024 05:34 AM IST

BySutirtho Patranobis

The false promise of Indonesia’s economy

Presidential candidates vow to deliver 7% growth. Voters have heard it before

world news

Published on Feb 10, 2024 08:10 AM IST

The Economist

Three new agri schemes in the offing; 5.1% sector target growth rate

An amount of ₹2,400 crore has been proposed to supply electricity to private tubewells of farmers at concessional rates.

The three new schemes announced are State Agricultural Development Scheme, World Bank-assisted UP Agri Scheme, and the establishment of automatic weather stations-automatic rain gauges in development blocks and gram panchayats of the state. (For representation)

cities

Updated on Feb 06, 2024 08:06 AM IST

ByHT Correspondent, Lucknow

Indian economy likely to grow 7% in 2024-25, inflation to ease: RBI chief

RBI Governor Shaktikanta Das said that amidst a challenging global macroeconomic environment, India presents a picture of growth and stability.

Reserve Bank of India (RBI) Governor Shaktikanta Das. (PTI)

india news

Published on Jan 17, 2024 07:41 PM IST

PTI |

‘Anti-people’ policies of Hry govt forcing youth to move abroad: Cong MP Deepender Hooda

Hooda was in Panipat along with Pradesh Congress Committee president Udai Bhan to address Jan Aakrosh Rally at Matlauda Grain Market in the Israna constituency

cities

Updated on Dec 04, 2023 06:24 AM IST

ByHT Correspondent, Karnal

Maharashtra’s $1 Trillion economy goal: A challenging 17.13% annual growth

The Maharashtra state government aims to achieve a $1 trillion economy in the next five years with a growth rate of 17.13% per year, according to a comprehensive recommendation plan. The state's economy has grown at 8.75% over the past seven years, making the target challenging. The plan focuses on investment and aims for a target of $1,535 billion in six years. Funds are expected from organizations such as the World Bank and the Asian Development Bank. The government has categorized the state into three segments based on GDP per capita to ensure balanced growth.

cities

Updated on Nov 18, 2023 07:50 AM IST

BySurendra P Gangan

‘31.9% GSDP growth required to fuel Uttar Pradesh economy’s four-fold increase’

Yogi Adityanath has time and again asserted that the Uttar Pradesh government proposes to boost the GSDP to a trillion dollars in the next five years

Uttar Pradesh chief minister Yogi Adityanath spoke about the state economy during the Independence Day celebrations. (FILE PHOTO)

cities

Updated on Aug 18, 2023 12:51 AM IST

ByUmesh Raghuvanshi, Lucknow

Ways growth shows up that we fail to notice

From having trust in us to taking a pause, here are a few signs of growth that we often fail to notice.

lifestyle

Updated on Jul 24, 2023 07:13 AM IST

ByTapatrisha Das, Delhi

‘Vision document’ for 10% economic growth by 2047 soon: Harpal Cheema

Says the document will act as a guiding document for successive governments to focus their efforts and policies in the right direction

Punjab finance minister Harpal Singh Cheema (File photo)

cities

Updated on Jun 12, 2023 11:42 PM IST

ByHT Correspondent, Chandigarh

Hawkish or pragmatic?

RBI’s willingness to do all it takes to bring inflation below 4% is an important takeaway

The decision to continue with a withdrawal of accommodation stance is not surprising.(mint)

editorials

Published on Jun 08, 2023 08:46 PM IST

ByHT Editorial

‘Ease of doing business’ improved but long way to go: CII chairman

While addressing the media after a meeting of its members from Maharashtra, Gujarat, Madhya Pradesh and Goa, Sinha said that the industry is positive about the growth rate and there are a lot of opportunities, especially in new sectors like electric vehicles, data centres, electronic manufacturing, pharma inputs and aircraft manufacturing.

“The Indian economy, to a large extent, is insulated from what is happening in Europe and other places. It has its growth trajectory that will continue,” said Sinha. He added that economic growth is now more balanced as growth has moved beyond capital cities into tier-2 and tier-3 cities in Western Region states. (PTI)

cities

Updated on May 20, 2023 12:59 AM IST

BySaurabha Kulshreshtha

India to overtake China in population by July 1: UN

WPP projections show that India’s population will reach a peak population of 1.697 billion in 2063 . China’s population, which started declining in 2022 is expected to fall to 1.168 billion by that time

india news

Updated on Apr 20, 2023 12:05 AM IST

ByAbhishek Jha, Sutirtho Patranobis, New Delhi/beijing

India to grow at 7.5% in 2022-23, says World Bank report

The World Bank said the global economy was entering a period of feeble growth and elevated inflation, resemblance to 1970s stagflation.

The World Bank‘s Global Economic Prospects report draws a parallel between the current period with the stagflation in 1970s, and points out three similarities . (REUTERS File Photo)

business

Published on Jun 07, 2022 07:31 PM IST

ByPrashant Jha

Maharashtra reports 4,757 new Covid-19 cases, 40 deaths

The state on Sunday reported fewer than 5,000 Covid-19 cases for a second straight day with 4,757 infections pushing the tally to 1,852,266

A health worker takes a swab sample of a resident in Malad on Sunday.(Satyabrata Tripathy/HT Photo)

cities

Published on Dec 06, 2020 09:56 PM IST

ByTanushree Venkatraman, Mumbai

Maharashtra records 4,922 new Covid-19 cases, 95 deaths

Maharashtra on Saturday recorded 4,922 new Covid-19 cases and 95 deaths, taking the tally to 1,847,509 and toll to 47,694, with a case fatality rate (CFR) of 2.58%

A health worker takes a swab test in Govandi on Saturday.(Pratik Chorge/HT Photo))

cities

Updated on Dec 06, 2020 12:20 AM IST

ByEeshanpriya MS, Mumbai

Lucknow to record highest power demand growth in UP in next decade

The city’s peak demand was likely to soar to 2579 MW from the current 1450 MW by 2029-30, the 19th Electric Power Survey of mega cities said.

EPS noted that Varanasi had witnessed moderate peak demand growth in comparison to its energy requirement growth that is in contrast to most of the other mega cities.(Representational Image)

cities

Published on Sep 15, 2020 08:51 AM IST

Hindustan Times, Lucknow | ByBrajendra K Parashar

CAG report: HP fiscal deficit down by 9.2% in 2018-19

Only 33% of the revenue receipts came from the state’s own resources comprising taxes and non-taxes; central transfers brought in the remaining 67%; state improves vis-a-vis share of capital expenditure to total expenditure

Security personnel check the body temperature of rural development and panchayati raj minister Virender Kanwar before going to attend the monsoon session in Shimla on Monday.(Deepak Sansta / HT)

cities

Updated on Sep 14, 2020 11:56 PM IST

Hindustan Times/Shimla | ByGaurav Bisht, Shimla

GDP numbers to be out today; Q1 growth likely to be worst

This quarter is expected to see the worst performance of the economy since the publication of quarterly data in 1996.

India's GDP growth slowed down to 7% during the April-June quarter.(Reuters)

india news

Updated on Aug 31, 2020 10:58 AM IST

Hindustan Times, New Delhi | ByHT Correspondent

Restoring growth to boosting health infra: Charting India’s goals

The unforeseen events in the run-up to completion of 73 years of independence today give a good reason to revisit the goals we want to achieve by August 15, 2022.

Our health infrastructure, at least in most places, has been found to be wanting in dealing with the pandemic’s public health challenge.(Satish Bate/HT Photo)

india news

Updated on Aug 19, 2020 12:24 PM IST

Hindustan Times, New Delhi | ByRoshan Kishore

Covid-19 spread may spike in monsoon, winter with fall in temperatures: IIT-AIIMS study

According to the study, there is a likelihood of an increased transmission of the coronavirus during winter, which may be a major challenge for health workers and policymakers to enforce mitigation and control measures.

The study also found that an increase in relative humidity tends to decrease the growth rate and doubling time of coronavirus cases by 1.18 days.(Sonu Mehta/HT PHOTO)

india news

Published on Jul 19, 2020 05:04 PM IST

Bhubaneswar | ByPress Trust of India| Posted by Susmita Pakrasi

Doubling rate slows down, but more positive cases per 100 tests

The city’s positive rate — number of confirmed cases per 100 tests — has gone up from earlier 10 per cent to 13 per cent as of June 19.

A health worker of Pune district council collects a swab sample from a man to test for COVID-19 infection at BJS hostel, in Wagholi.(Pratham Gokhale / Hindustan Times)

cities

Updated on Jun 21, 2020 04:33 PM IST

Hindustan Times, Pune | BySteffy Thevar

‘People, planet, profit’ is PM Modi’s mantra to industry

PM Narendra Modi’s remarks come in the backdrop of data showing that the Indian economy grew at 3.1% in the last quarter, with growth rate for 2019-2020 slipping to 4.2%, the slowest in 11 years on the back of falling investment and consumption.

Prime Minister Narendra Modi addressing on 95th Annual Day of Indian Chamber of Commerce via video conferencing in New Delhi on Thursday.(ANI Photo)

india news

Updated on Jun 12, 2020 01:42 AM IST

Hindustan Times, New Delhi | ByRajeev Jayaswal

Indian states are short of money. They need help | Opinion

Changes of the past six years had put their finances in a precarious position. The current measures aren’t enough

Stranded migrant workers queue to collect health certificates, Pune, May 6, 2020(Ravindra Joshi/HTPhoto)

analysis

Updated on May 17, 2020 06:48 PM IST

ByAvani Kapur and Udit Ranjan

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growth rate news

Latest from growth rate

The survey was released a day before the DMK-led Tamil Nadu government tables its last full-fledged budget on March 14 ahead of the 2026 assembly elections

The 2024-25 Economic Survey emphasizes India's macroeconomic stability and calls for sustained 8% growth through domestic investment and reforms.

India is set to become the third-largest economy by 2030-31, driven by a 6.7% growth rate.

This surge was primarily driven by private ports and captive jetties, which handled over 90% of the total cargo

The state’s GDP has gone up from ₹16.45 crore in 2020-2021 to ₹25.48 crore in 2023-2024, growing 16.7% in three years, which is above the national average: UP CM

With this, India continues to be the fastest growing economies of the world and ahead of China’s growth projection of 4.6 per cent during the same period.

Krishnamurthy Subramanian projected a growth rate of 8 per cent for India- different from the last growth rate projections by the IMF.

China’s annual military budget for 2024, which the prime minister said will increase by 7.2% to roughly 1.67 trillion yuan or $230 billion

Presidential candidates vow to deliver 7% growth. Voters have heard it before

An amount of ₹2,400 crore has been proposed to supply electricity to private tubewells of farmers at concessional rates.

RBI Governor Shaktikanta Das said that amidst a challenging global macroeconomic environment, India presents a picture of growth and stability.

Hooda was in Panipat along with Pradesh Congress Committee president Udai Bhan to address Jan Aakrosh Rally at Matlauda Grain Market in the Israna constituency

Yogi Adityanath has time and again asserted that the Uttar Pradesh government proposes to boost the GSDP to a trillion dollars in the next five years

From having trust in us to taking a pause, here are a few signs of growth that we often fail to notice.

Says the document will act as a guiding document for successive governments to focus their efforts and policies in the right direction

RBI’s willingness to do all it takes to bring inflation below 4% is an important takeaway

WPP projections show that India’s population will reach a peak population of 1.697 billion in 2063 . China’s population, which started declining in 2022 is expected to fall to 1.168 billion by that time

The World Bank said the global economy was entering a period of feeble growth and elevated inflation, resemblance to 1970s stagflation.

The state on Sunday reported fewer than 5,000 Covid-19 cases for a second straight day with 4,757 infections pushing the tally to 1,852,266

Maharashtra on Saturday recorded 4,922 new Covid-19 cases and 95 deaths, taking the tally to 1,847,509 and toll to 47,694, with a case fatality rate (CFR) of 2.58%

The city’s peak demand was likely to soar to 2579 MW from the current 1450 MW by 2029-30, the 19th Electric Power Survey of mega cities said.

Only 33% of the revenue receipts came from the state’s own resources comprising taxes and non-taxes; central transfers brought in the remaining 67%; state improves vis-a-vis share of capital expenditure to total expenditure

This quarter is expected to see the worst performance of the economy since the publication of quarterly data in 1996.

The unforeseen events in the run-up to completion of 73 years of independence today give a good reason to revisit the goals we want to achieve by August 15, 2022.

According to the study, there is a likelihood of an increased transmission of the coronavirus during winter, which may be a major challenge for health workers and policymakers to enforce mitigation and control measures.

The city’s positive rate — number of confirmed cases per 100 tests — has gone up from earlier 10 per cent to 13 per cent as of June 19.

PM Narendra Modi’s remarks come in the backdrop of data showing that the Indian economy grew at 3.1% in the last quarter, with growth rate for 2019-2020 slipping to 4.2%, the slowest in 11 years on the back of falling investment and consumption.

Changes of the past six years had put their finances in a precarious position. The current measures aren’t enough

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