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India is “easily” the fastest-growing economy in ... estimating that the fiscal deficit for the financial year 2025 would narrow to 5.1% from the revised 5.8% for 2024, ... In Other News ...
The 2024 Union Budget of India [1] was presented by Finance Minister, ... Ministry of Commerce and Industry ₹ 11,469 0.238% Ministry of Heavy Industries ₹ 7,242
India's wedding industry has a size of $75 billion, second largest after China. It is the fourth largest industry in India. [330] The wedding industry saw significant growth in 2023 as weddings became larger and more extravagant post the pandemic blues. Average guest size grew by nearly 15%, from 270 guests in 2022 to 310 in 2023.
2–3 July – 2024 India-Bangladesh floods: At least sixteen people are killed by floods and landslides in Assam and Arunachal Pradesh, while over 300,000 more are displaced. [106] [107] 5 July – A victory parade is held in Mumbai by the Indian cricket team following their victory in the 2024 ICC Men's T20 World Cup. [108] [109]
The U.S. online gambling market is expected to grow from $5.12 billion in 2024 to $10.98 billion in 2029, a compound annual growth rate of 16.52%.Top companies and funds in this industry include ...
The fast growing electronics system design manufacturing ( ESDM ) industry in India has design capabilities with the number of units exceeding 120. As stated by the Department of Electronics and Information Technology (DeitY), approximately 2,000 chips are being designed in India every year with more than 20,000 engineers currently employed to ...
India has growing data centre industry. Data centres are used for national security, internet infrastructure, and economic output. As of 2024, India's data centre capacity is at 950 MW, which is expected to be 1800 MW by 2026. [1] The data centre industry is valued at US$1.2 billion in 2021, a 216% growth from $385 million in 2014.
The sector is predicted to grow at an average annual rate of 10.8% to US$8.9 billion by 2026 (3.7% of GDP). Foreign tourists accounted for 35.5% of all tourism-related spending in Delhi in 2016. The largest source of foreign tourists visiting the city was the United States , which accounted for 11% of foreign tourist visits to the city.