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For the first time since 1990, India grew faster than China which registered 6.9% growth in 2015. [needs update] However the growth rate subsequently decelerated, to 7.1% and 6.6% in 2016–17 and 2017–18 respectively, [181] partly because of the disruptive effects of 2016 Indian banknote demonetisation and the Goods and Services Tax (India ...
The 2024 Union Budget of India [1] was presented by Finance Minister, Nirmala Sitharaman on 23 July 2024. This was the first budget of Narendra Modi led NDA government 's third term . [ 2 ]
India's defence budget is projected to increase to US$415.9 billion between 2025 and 2029. [4] India is the world's largest defence importer, as of 2023, making up 9.8% of global arms imports. [5] India has a domestic defence industry of which 60% is government owned.
1 May- A 20 year NEET aspirant named Bharat Kumar Rajput dies by suicide in Kota, Rajasthan leaving behind a suicide note. [63] [64] [65] 4 May – Minister of External Affairs S. Jaishankar rejects comments made by US President Joe Biden saying that India's economic growth was being held back by xenophobia. [66]
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 ...
Tech remains a top sector pick, and will outpace the gains in the broader market next year, up a projected 19.8% in 2025 compared to 9.4% for the rest of the market, the analysts said.
As of 2023, India is the seventh largest exporter of commercial services in the world, [12] accounting for 4.6% of global trade in services. India's service exports grew by 27%. [13] In September, India's prominent services industry experienced an acceleration in growth, buoyed by robust demand in the sector.
READ THE REST OF THE YEAR IN MUSIC! 2024: an overview. Don’t call it a comeback (but it is) Musicians of the year. Thing of the year. Please go home (we’ve had enough of these people) Albums ...