Now, more than half of the 900 million Indians of legal working age -- roughly the population of the US and Russia combined -- don't want a job, according to the CMIE
The asset sale plan will help bridge the budget gap and meet spending targets as the economy faces fresh headwinds from the geopolitical tensions
"We had lost two years of growth" because of the pandemic, Choueiri said in a separate interview Friday with Bloomberg Television's Kathleen Hays. "There is still catch up growth happening in India."
Inclusion was perceived as a crucial step change for the $1 trillion market.
Companies from the Indian units of Unilever Plc and Suzuki Motor Corp. to homegrown JSW Steel Ltd. are raising prices in response to the global supply squeeze
India's central bank has openly voiced its opposition to private digital currencies.
India is keen to continue bilateral trade due to its dependency on Russian weapons and the prospect of buying cheaper oil as global prices surge.
India's services and manufacturing activity held steady in February, even as the war in Ukraine clouds the outlook for prices and growth in the consumption-driven economy
The Ukraine war's impact on global supply chains could force India's central bank to raise its inflation forecast, but may leave little scope for it to tighten monetary policy, according to economists
The government's market borrowings for the fiscal are over and there is no plan to borrow against the auctions that were canceled last month: Report
LIC's underwriters have seen muted interest during early meetings with potential anchor investors, says Bloomberg.
Expanded credit guarantee program includes Rs 50,000 crore for the health sector; additional spending to focus on children.
The government will ensure that state-owned enterprises continue with capital expenditure, she said
Troubled Jet Airways working to revamp debt and avert collapse
In addition to fiscal measures, Jaitley is hoping for some support on the monetary front
Speculation is mounting of possible cash handouts to farmers and tax exemptions to shore up voter support ahead of polls due by May
As India undergoes the world's biggest currency overhaul in decades, one official is noticeably absent: central bank Governor Urjit Patel
Coal India, NMDC among companies asked to purchase their shares
Decision to tax petro products pushed 2-3 years, with a two-thirds majority of states within the proposed GST Council required to approve
It is learnt that the company is Mitsui