'This was earlier driven by industries and the commercial sector.'
India's GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S&P Global Ratings said on Tuesday. In a report titled 'China Slows India Grows', S&P said it expects Asia-Pacific's growth engine to shift from China to South and Southeast Asia. "We project China's GDP growth to slow to 4.6 per cent in 2024 (2023: 5.4 per cent), edge up to 4.8 per cent in 2025, and return to 4.6 per cent in 2026.
Prime Minister Narendra Modi on Tuesday asserted that there is a "huge difference" between pre- and post-2014 India, saying the country is now moving ahead at an "unprecedented speed and scale" as he showcased the achievements of his term in power to the Indian diaspora in Indonesia.
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
The world number nine will play Hong Kong's fifth seed Angus Ng Ka Long in the last eight stage.
Without mentioning the boundary dispute, the spokesperson said that China-India relations have been stable on the whole and "our two sides have maintained dialogue and communication at various levels".
Kadam, meanwhile, lost to Indonesia's Fredy Setiawan 21-17, 15-21, 16-21 in the semi-finals to secure a bronze in singles.
Mukherjee, while in Japan, had sent a message of condolence to his Indonesian counterpart on the loss of life in the earthquake.
On Friday, Indonesia awarded 22 new oil and gas blocks out of the 25 it had offered for bidding recently. The consortium of Essar E&P and GSPC was awarded the Southeast Tungkal block, industry sources said. Among the other winners were ConocoPhillips, Chevron Corp, Australia's Pearl Energy and Worldwide Exploration, China's Sinochem Petroleum, Malaysia's Ranhill Energy and Husky Energy.
Badminton powerhouse China resumed normal service on Sunday by thrashing Indonesia 3-0 to retain the Thomas Cup and erase the disappointment of their women's shock final loss to South Korea in the Uber Cup.
In other India-related results, it was curtains for Ashmita Chaliha, who lost 17-21, 16-21 to Indonesia's world no. 7 Gregoria Mariska Tunjung in 35 minutes. Both teams had received a bye in their opening match.
The navies of India and Indonesia are launching the 14th coordinated patrolling on the waters of Indian Ocean, to prevent piracy, armed robberies, poaching, illegal immigration, drug trafficking, and other illegal activities in the deep sea.
Four dropped shots on the last four holes saw Smriti Mehra drop from tied second to tied eighth at the end of the $200,000 Enjoy Jakarta Ladies Indonesia Open.
The women's doubles pair of Treesa Jolly and Gayatri Gopichand lost to top seeds Chen Qing Chen and Jia Yi Fan of China 18-21, 11-21.
Olympic-bound Indian shuttler P Kashyap failed to cross the semifinal hurdle of Indonesia Super Series Premier after suffering a straight-game defeat against World No. 9 Simon Santoso in the men's singles competition in Jakarta on Saturday.
'We want to make sustainability affordable.' 'We tell everyone, don't just recycle, Craste it!'
Satwiksairaj Rankireddy and Chirag Shetty entered the final of the Korea Open Super 500 badminton tournament with a thrilling straight-games victory over the world No.2 Chinese pair of Liang Wei Keng and Wang Chang, in Yeosu, on Saturday.
India is expected to overtake the US as the largest developer community on GitHub by 2027, Microsoft chairman and chief executive officer Satya Nadella said during his address to 1,100 developers and technology leaders at the Microsoft AI Tour in Bengaluru on Thursday. India is the fastest-growing market on GitHub, a Microsoft-owned software development platform, with 13.2 million developers using it.
Overnight joint leaders Atwal and Irishman Michael Hoey were 10-under for the tournament through 13 and nine holes respectively on the second day of the Indonesia Open.
Indian women's doubles pair of Treesa Jolly and Gayatri and Gayatri Gopichand also improved two spots to the 17th position.
A day after an earthquake measuring 8.5 on the Richter scale hit Sumatra in Indonesia, triggering panic among locals who have not forgotten the devastating tsunami of 2004, life is gradually limping back to normal on the island.
India's Gaganjeet Bhullar was in his element as he carded 16-under-268 for the week to lift his fifth Asian Tour title with victory at the Indonesia Open, in Jakarta on Sunday.
Star Indian shuttlers PV Sindhu and Kidambi Srikanth will look to arrest their slump in form when they begin their campaign at the Australia Open badminton tournament in Sydney on Tuesday.
India may source liquefied natural gas (LNG) from Indonesia and Qatar for restarting the $2.9 billion Dabhol power plant.
North Korea will play China in the semi-finals on Tuesday.
The ulema have a leading role in educating the people on the original tolerant and moderate principles of Islam and countering extremism with progressive ideas and thought, National Security Advisor Ajit Doval said Tuesday.
Another triumphant story was written in Indian badminton as Satwiksairaj Rankireddy and Chirag Shetty romped to a stunning comeback win.
Steel major Jindal Stainless on Tuesday announced the acquisition of a cold rolling plant in Indonesia for a consideration of $32 million (about Rs 150 crore).
India has expressed concern about the movement of the Xiang Yang Hong 03 vessel in Indian Ocean waters and also prevailed on Sri Lanka to refuse permission for the ship to dock at Colombo port.
India's imports from Russia rose 64 per cent to $36.27 billion during the April-October period this fiscal on higher shipments of crude oil and fertiliser, according to the commerce ministry data. With this, Russia has become India's second-largest import source during the first seven months of this fiscal. The imports were $22.13 billion during April-October 2022.
S&P Global Ratings on Monday raised India's growth forecast for the current financial year to 6.4 per cent, from 6 per cent, saying that robust domestic momentum has offset headwinds from high food inflation and weak exports. The US-based rating agency, however, has cut growth estimates for the next fiscal (2024-25) to 6.4 per cent, as it expects growth to slow in the second half (October-March) of the current fiscal, on higher base impact and subdued global growth.
We all know that Prime Minister Narendra Modi will turn 74 on September 17, but do you know how old these leaders are?
Pakistan has handed over Al Qaeda linked terrorist Umar Patek, the alleged mastermind of the 2002 Bali bombings that killed 202 people, to Indonesia, more than six months after he was arrested in the garrison city of Abbottabad.
Prime Minister Narendra Modi is travelling again! The Pradhan Sevak is in Indonesia on the first leg of his three-nation tour to East Asia. This is Modi's first-ever official visit to Indonesia and before the visit, the PM hoped that the meet would cement the political, economic and strategic interest of the two friendly maritime neighbours.
