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India Economy

Indian economy continues to grow

India's economy showed annual growth of 6.1% in the second three months of the year, despite the global economic downturn. Ref. Source 5

Economy India

World Bank lends $4.3bn to India

The World Bank is to provide India with $4.3bn in loans, including $2bn to support its state-owned banks. Ref. Source 6

India Economy History & Civil Business Politics

India interest rates raised again

The Reserve Bank of India raises key interest rates by a quarter of a percentage point in an attempt to curb inflation. Ref. Source 2

Economy India

UK to end aid to India by 2015

UK is to stop giving aid to India by 2015 and support will be cut by about £200m a year between now and then, the government announces Ref. BBC

Economy India

India now world's 3rd largest economy, behind just US, China:

India is now the world's third largest economy in terms of purchasing power parity, ahead of Japan and behind the US and China which hold the top two spots. This was revealed by the 2011 round of the World Bank's International Comparison Program (ICP) released on Tuesday Ref. Source 3

India Economy

India still holds a reputation of having a lot of money. According to online sources the GDP is at $2.716 trillion (Nominal, 2018) $10.505 trillion (P, 2018). Despite this, it's still considered a mixed developing country.

India Economy

The Indian economy is growing fast, but problems loom. In 2022, India will have to deal with ongoing inflation of fuel, food prices as well as rising urban unemployment. Source 9k.