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India to outpace US to emerge as second largest economy by 2040, PwC says

New Delhi: India is estimated to surpass USA to become the second largest economy in terms of purchasing power parity (PPP) by the year 2040, according to a report by PricewaterhouseCoopers.

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March 10, 2017
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India to replace Russia as world’s third largest refiner: IEA official

Houston: India is expected to surpass Russia to become the third largest refiner in the world by the year 2020 as India overtakes China as the main driver of demand growth, according to the International Energy Agency (IEA).

...

March 10, 2017
Report

Tractor industry likely to post 16%-18% sales growth

Chennai: The Indian tractor industry is expected to post a sales growth of 16-18 per cent by fiscal 2017 end, according to CRISIL Research.

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March 10, 2017
Report

Modern retail to touch Rs1,71,800 crore by 2019: Report

New Delhi: Knight Frank India and Retailers Association of India (RAI) have forecasted in a joint report, the size of modern retail in India to double to Rs 171,800 crore (US$ 25.7 billion) from Rs 87,100 crore (US$ 13 billion) ...

February 27, 2017
Report

Indian Internet of Things market value to touch US$ 9 billion by 2020

New Delhi: The Internet of Things (IoT) market size in India is expected to increase seven fold to US$ 9 billion by 2020 from US$ 1.3 billion in the previous year due to higher adoption levels of IoT by the manufacturing, automo...

February 27, 2017
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Economy to grow at 7.4% next fiscal: Ind-Ra

New Delhi: The Indian economy is expected to grow at 7.4 per cent year-on-year in the fiscal year 2017-18, backed by consumption demand and government spending, as per the research by India Ratings and Research (Ind-Ra).

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February 27, 2017
Report

GDP growth in 2017-18 is projected at 6 ¾ to 7 ½ percent Post-demonetisation

New Delhi: The Economic Survey 2017 has projected India's real gross domestic product (GDP) to grow between 6.75 - 7.5 per cent in FY2017-18, signalling that growth could recover sooner than expected after cash supply is rep...

February 13, 2017
Report

Air traffic to grow to 130 mn in FY18: CAPA

Mumbai: India's domestic air traffic is expected to grow by 25 per cent year-on-year to over 130 million passengers in FY 2017-18, according to data from the Centre for Asia Pacific Aviation (CAPA).

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February 13, 2017
Report

Agriculture to grow more than 4 per cent as Government announces a slew of pro-farmer measures in General Budget 2017-18

New Delhi: India's agriculture sector is expected to grow at 4.1 per cent in FY 2016-17, based on various pro-farmer measures announced in Budget 2017, including the increase in agricultural credit to Rs 10 trillion (US$ 147...

February 13, 2017
Report

India's labour force will expand to 170 million by 2020: Assocham

Mangalore: India's labour force is expected to touch 160-170 million by 2020, based on population growth rate, increased labour force participation, and education enrolment at higher levels, among other factors, according to...

January 27, 2017
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