India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled 'Becoming a High-Income Economy in a generation'.
Indian stock markets have experienced some ups and downs in the first half of 2025. However, both the Nifty 50 and Sensex saw steady gains, supported by a healthy economy and better corporate earnings. In this article, we will look at the detailed performance of these key indices and explore the sectors that drove the market rally.
Aerospace major Rolls-Royce has announced its intention to double its supply chain sourcing from India over the next five years. The company plans to increase sourcing of complex parts for advanced aerospace engines, naval propulsion systems, diesel engines, and gas turbine engines to grow its presence and participation in India's defense sector. Rolls-Royce currently sources a wide range of high-precision parts and engine components from Indian partners for its civil aerospace, defense, and power systems businesses. The company highlights India's emergence as a preferred global sourcing hub and emphasizes its commitment to strengthening partnerships with both existing and potential Indian suppliers to develop capabilities for manufacturing complex engine components locally for global markets. Rolls-Royce highlights its established ecosystem of strategic partnerships, skilled talent, engineering and digital capabilities, service delivery, supply chain, and manufacturing in India, along with a history of successful technology transfer for licensed production of various engines in the defense domain. The company believes that strengthening the supply chain and enhancing ecosystem capabilities will pave the way for future co-production opportunities, supporting India's vision of becoming a self-reliant defense powerhouse. Rolls-Royce emphasizes its commitment to serving the needs of India's armed forces and its focus on participating in co-development opportunities for critical combat engine technologies.
Some of the suggested strategies include making thoughtful trade-offs between career choices and family responsibilities to avoid the guilt of not spending adequate time with elders and children at home; resisting the pressure to be a 'superwoman' by trying to manage everything alone; demanding, negotiating, and selecting jobs with flexible working hours; exploring work-from-home options; choosing an appropriate time for a career break; upskilling to re-enter the workforce after a break; and communicating openly with family members -- including spouse and in-laws -- about the support needed to grow professionally and the challenges faced at work, highlights N Ravichandran.
Former US President Bill Clinton expresses his doubts about the realization of Mahatma Gandhi's dream for India in his new book, 'Citizen: My Life After the White House'. Reflecting on his experience in the aftermath of the devastating 2001 Gujarat earthquake, Clinton recounts his encounters with the suffering and resilience of the people, questioning the extent to which India has achieved Gandhi's vision of a peaceful haven for all. The book also highlights the establishment of the American India Foundation (AIF), which Clinton helped found to support relief efforts in Gujarat. Clinton's observations on India's internal divisions, particularly between Hindus and Muslims, offer a thought-provoking perspective on the country's progress towards Gandhi's ideals.
"The moment we let technology take the driver's seat in the legal system, we begin to erode the public's faith in us and with it, the foundations of the rule of law," CJI Gavai added.
'As a child, I didn't even know that he was an IPS officer... It was much later when I came back to India'
Dream11, Baazi Games, Zupee and WinZO among others are invited for the discussion with the anti-money laundering watchdog.
The Ahmedabad air tragedy, which claimed the lives of all but one of the 242 passengers and crew on board, and several others on the ground, has left deep scars on BJMC's residential quarters and the psyche of the survivors.
India began their Champions Trophy campaign with a six-wicket victory against Bangladesh after opener Shubman Gill anchored their nervy chase with a classy hundred.
>The Indian Army still uses old British-era names and recruits soldiers based on caste or region, which hurts national unity, argues Colonel K Thammayya Udupa (retd).
'Whatever was thrown at us, we responded pretty well throughout the series.'
'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'
India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. From a $3.5 trillion economy in 2023, the Indian economy is projected to expand to $4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany.
'What does Indira Gandhi want from me? At this age, what will I do to her?'
The alleged threats by the BJP's district president Prasanth Siva came in the wake of a row over naming a skill development centre for disabled persons after RSS founder K B Hedgewar.
Commerce and Industry Minister Piyush Goyal on Thursday asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence. He also said there is a need for more Indian investors into the startup ecosystem.
RSS chief Mohan Bhagwat has called for social harmony within the Hindu community, urging them to embrace the principle of "one temple, one well, and one cremation ground" for all. Bhagwat, on a five-day visit to Aligarh, emphasized the importance of achieving true social unity for India to fulfill its global responsibility for peace. He also stressed the significance of "sanskar (values)" as the bedrock of Hindu society, encouraging members to reach out to all sections of society and strengthen the foundations of nationalism and social cohesion.
'Our business continues to roll out its strategy, the role of this GDTC continues to grow.'
The BJP accused Congress leaders of colluding with foreign forces to destabilize India and demanded Sonia Gandhi to disclose her role in a George Soros Foundation-funded organization's activities. The ruling party also attacked Rahul Gandhi, calling him a "pawn" for his protests against the Adani issue.
A look at some of India's best victories over Pakistan in ICC tournaments.
The richest Asian Mukesh Ambani is flying to Doha to meet US President Donald Trump, his second meeting since Trump returned to presidency in January this year.
Infosys has laid off 195 trainees for failing internal assessments, according to emails sent by India's second largest IT services firm. It is the company's third layoff of trainees this year. As many as 320 trainees were dropped in February on similar grounds and 240 earlier this month.
'Amaravati will be a game changer for Andhra Pradesh.'
This Women's Day Week, we pay tribute to the extraordinary courage, resilience, and leadership of three iconic Indian queens -- Rani Lakshmibai of Jhansi, Rani Chennamma of Kittur, and Maharani Ahilyabai Holkar of Malwa.
'Pakistan is economically very weak and will not be able to sustain a war for long.'
Congress president Mallikarjun Kharge accused the BJP-RSS of carrying out a "well-planned conspiracy" against national heroes and said that Sardar Vallabhbhai Patel's ideology was contrary to the RSS' ideas. He defended the relationship between Sardar Patel and Jawaharlal Nehru, saying they were "two sides of the same coin". He also criticized the BJP-RSS for their alleged attempts to appropriate the legacy of Mahatma Gandhi and Sardar Patel.
Yoga guru Ramdev on Friday gave an undertaking in the Delhi High Court for neither issuing any disparaging statement nor publishing on social media, posts similar to his "sharbat jihad" remark against Hamdard's Rooh Afza.
The Rajasthan Royals have launched a special 'Pink Promise' campaign to celebrate International Women's Day, featuring an all-pink jersey for their match against Mumbai Indians.
Leader of Opposition in the Lok Sabha Rahul Gandhi has written to Prime Minister Narendra Modi flagging the 'deplorable' conditions in residential hostels for Dalit, ST, EBC, OBC and minority students and the delay in post-matric scholarships for those from marginalised communities.
Gulveer, who hails from Uttar Pradesh, is also the national record holder in 5,000m with a time of 13:11.82 seconds set last year.
Images from the first One-Day International between India and England at the Barabati Stadium, in Cuttack, on Sunday.
The Supreme Court of India has reprimanded the Tamil Nadu Pollution Control Board (TNPCB) for delaying legal action against Isha Foundation, a yoga and meditation center founded by Sadhguru Jaggi Vasudev, over alleged environmental violations. The court criticized the TNPCB for taking two years to challenge a Madras High Court ruling that quashed a showcause notice against the foundation. The court also emphasized the importance of environmental compliance for the yoga center, noting that it must meet all necessary parameters. The case highlights ongoing legal challenges and environmental concerns related to the Isha Foundation's activities.
Calm, commanding, and ever-charismatic, the 'Hitman' has ensured that his legacy is not just written in numbers, but in moments that stirred a billion hearts.
The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.
'Such a remark does not behove the Prime Minister. Also, you have brought the country's youth to this point. There are no jobs. The only option is to fix punctures or sell fritters. Muslims don't just make punctures. I can list what Muslims have made'
As the Ratan Tata Endowment Foundation and Trust are new entities, the continuous CSR fund flows from Tata Sons will help it undertake new projects.
Questions are being raised on the future of the Indian National Developmental Inclusive Alliance (INDIA) as differences among its constituents come to the fore and several parties call for serious introspection by the Congress after a string of debilitating electoral losses.
Manuscripts of Bhagavad Gita and Bharat Muni's Natyashastra have been added to UNESCO's Memory of the World Register, joining 74 other new documentary heritage collections from 72 countries and four international organizations. Prime Minister Narendra Modi lauded the inclusion, describing it as a "proud moment for every Indian across the world." He highlighted the Gita and Natyashastra's contributions to civilization and consciousness, emphasizing their continued inspiration. Union Culture Minister Gajendra Singh Shekhawat also celebrated the recognition, emphasizing the historical significance for India's civilizational heritage. These additions bring the total number of inscribed collections on the UNESCO Memory of the World Register to 570, with India now having 14 inscriptions.
'It is important India to stay focussed on its primary national objectives: Combating terrorism; not losing sight of other security and strategic concerns (on the Sino-Indian front for instance); ensuring a strong economy and registering growth which includes improving the lot of common people; and finally making certain that the social fabric remains intact and harmony among people is not jeopardised, at least any further,' asserts Nilanjan Mukhopadhyay.
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