South Asia bears the highest current economic burden from air pollution among world regions, equivalent to 10 per cent of regional gross domestic product (GDP), while implementing 25 integrated climate and clean air solutions could generate $21 in economic benefits for every $1 invested
India's GDP, and due to its vast market, the country did not experience a recession, the US insistence on using only the dollar as the medium of exchange has forced the world to look for a more stable alternative.
Mumbai: India will gradually increase its defence budget as a percentage of GDP from around 2 per cent at present to 3 per cent or even 4 per cent over the next decade, according to a report released by Omniscience Capital on Monday. With a $10 trillion GDP, the defence budget is expected to grow.
New Delhi: India’s GDP growth accelerated to a robust 7.4 per cent in the fourth quarter of 2024-25, as result of which the growth rate for the full financial year works out to 6.5 per cent on the back of a strong performance of the agriculture, construction, and services sectors, official data released on Friday.
