India Set to Become a $7 Trillion Economy by 2034 By Sanjeev Oak The World Bank has raised its growth forecast for India, projecting the economy to expand by 7% in the coming years. It anticipates that by 2034, India will emerge as a $7 trillion economy, driven by strong domestic demand and stable policy...
Indian Stock Market Capitalization Reaches $5.5 Trillion; Index Crosses 82,000 By Sanjeev Oak The Indian stock market recently achieved a milestone with its market capitalization crossing $5.5 trillion. The index has soared past the 82,000 mark, while the Nifty breached 25,000. This remarkable pace of growth reflects India’s robust economic expansion. It is imperative to...
For three decades, multinational corporations have been trying to make pizza and burgers the go-to fast food in India. However, the diversity of Indian culinary traditions has prevented these efforts from fully succeeding. Recently, Domino’s India introduced a 49-rupee ($0.60) pizza, claiming it as the world’s cheapest pizza. The justification? Rising inflation has left Indian...Continue reading
By Sanjeev Oak In a significant statement, Jamie Dimon, CEO of JPMorgan Chase & Co., has commended India’s rapid development under the leadership of Prime Minister Narendra Modi. He attributed the country’s progress to Modi’s bold and decisive actions, which have lifted 400 million Indians out of poverty. Dimon emphasized that the United States could...Continue reading
By Sanjeev Oak The International Monetary Fund (IMF) has projected that by 2025, India will surpass Japan to become the world’s fourth-largest economy. According to the revised IMF report, India’s Gross Domestic Product (GDP) is estimated to reach $4.3398 trillion, surpassing Japan’s $4.3103 trillion GDP. This shift is driven by the depreciation of the Japanese...Continue reading