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The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 125th by GDP (PPP) . [ 58 ]
Parliament of India: Presented: 23 July 2024: Parliament: 18th : Party: Bharatiya Janata Party: Finance minister: Nirmala Sitharaman: Total revenue ₹ 31.29 trillion (US$360 billion) Total expenditures ₹ 48.21 trillion (US$560 billion) Tax cuts: Numerous: Deficit: 4.9% of GDP(Target) Debt: 57.1% of GDP: GDP: 3.937 Trillion: Website: www ...
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
At 8.4%, India’s economy expanded at its fastest pace in six quarters, data showed late on Thursday, on strong private consumption and upbeat manufacturing and construction activity. Reuters ...
The economy of Delhi is the 12th largest among states and union territories of India. The Nominal GSDP of the NCR was estimated at 272.603 Billion [1] and the Nominal GSDP of the NCT of Delhi for 2023-24 was estimated at ₹ 11.07 lakh crore (US$130 billion) [10] [11] recording an annual growth of 9.2%. Growth rate in 2014-15 was 9.2%.
Top news headlines of 2024, month-by-month. Jane Pauley. Updated December 29, 2024 at 7:30 PM. ... A rare total solar eclipse was witnessed across North America, including in 15 U.S. states ...
Viewers rely on Fox News anchors to keep them updated with the latest happenings around the country and the world. On the air since 1996, the cable network offers 24-hour news coverage and is the ...
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries in North America are sorted by nominal GDP estimates based on 2023 data from the World Economic Outlook by the International Monetary Fund. [1]