S&P Global Ratings has kept India’s sovereign rating unchanged at the lowest investment grade of ‘BBB-’ for the 14th year in a row, and said the government’s ability to execute additional economic reforms that spur investment and create jobs will be crucial for recovery from the current economic slowdown. S&P projected a 9.5% GDP growth in the current fiscal year that began in April and a 7.8% expansion in the following year. The GDP which shrank from $2.87 trillion in 2019-20 to $2.66 trillion in the following year is projected to expand to $3.96 trillion in 2024-25. Prime Minister Narendra Modi in 2019 envisioned making India a $5 trillion economy and a global economic powerhouse by 2024-25.
Bollywood
If you aren’t on your toes, someone else will grab your position: Emraan Hashmi
Bollywood star Emraan Hashmi says it is crucial for actors to constantly strive to do better as complacency can get them out of the race in the highly competitive film industry. Hashmi, who has been […]
United States
Trump ‘known to’ mimic Narendra Modi’s accent
WASHINGTON (TIP): President Trump frequently mimics Indian Prime Minister Narendra Modi’s accent, according to a report. The Washington Post reported on Sunday, January 21, citing senior administration officials that Trump “has been known to affect […]
Article
Thanksgiving: Celebrating harvest and other blessings of past year
Marked as a national holiday on the fourth Thursday of November in the United States, Thanksgiving celebrates the harvest and other blessings of the past year. It is believed that Thanksgiving is modelled on a […]
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