Growth target for developed India: Viksit Bharat target needs 10% nominal GDP growth, says CII president Rajiv Memani; US trade pact to aid tech, exports
Sunday, 6 July 2025 () CII president Rajiv Memani emphasizes that India needs 10% average nominal GDP growth annually to realize its Viksit Bharat vision by 2047. He anticipates the India-US interim trade pact will reduce uncertainty, fostering technology transfers and partnerships. CII projects India's economic growth between 6.4% and 6.7% this fiscal year, driven by strong domestic demand.
India-US Trade: A high-stakes India-US mini trade deal could be inked within 48 hours, with negotiators locked in extended talks in Washington. The pressure is mounting as the July 9 deadline looms — the day when suspended 26% US tariffs snap back if no deal is reached. The US is pushing for...
BRICS Summit 2025: India takes center stage at the BRICS 2025 Summit in Rio de Janeiro as Prime Minister Narendra Modi leads a powerful charge from the Global South against Trump’s aggressive tariff..
South China Sea Breaking: In a significant escalation of defensive capabilities, Taiwan has officially formed its first combat-ready HIMARS rocket unit. This move is designed to strengthen deterrence..
Prime Minister Narendra Modi was conferred with Ghana’s highest civilian honor, the Officer of the Order of the Star of Ghana, by President John Mahama during his visit. This prestigious award..
Sunday, 6 July 2025 ()
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