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IMF top official praises India’s growth trajectory under PM Modi’s regime

IMF top official praises India’s growth trajectory under PM Modi’s regime

International Monetary Fund Asia & Pacific Director Krishna Srinivasan on April 20 praised India’s growth trajectory under Prime Minister Narendra Modi’s regime. Speaking to ANI, he said, “India has successfully navigated multiple shocks we’ve seen in the recent past, starting from the pandemic to the war in Ukraine and then the recent tensions in the Gulf. Growth at 6.8 per cent in 2024-25 is a very impressive number. And this is largely led by private consumption and public investment. I don’t see any red flags in the near term, but I would highlight one important aspect. Now, India has a young, growing population. India is likely to add about 15 million people to the labor force every year. Now, if you want to benefit from this demographic change, you will need lots of reforms. I think in particular, I would emphasize the need for significant investment in education and healthcare so that this growing labor force can contribute productively to the economy.”

20 April,2024 04:17 PM IST
PM Modi praises India's Defence sector growth, calls it a monumental achievement

PM Modi praises India's Defence sector growth, calls it a monumental achievement

For the first time in the history of Independent India, defence exports touched a record Rs 21,083 crore in the financial year 2023-24. India’s defence exports saw a record growth of 32.5 pc over the last fiscal year when the figure was Rs 15,920 crore. The recent figures have indicated that the defence exports have grown by 31 times in the last 10 years. Meanwhile, PM Narendra Modi called India’s defence sector growth a “monumental achievement”. The Prime Minister lauded the team’s hard work those who propelled India onto the global stage in defence. Raksha Mantri Rajnath Singh hailed PM Modi’s visionary leadership and congratulated all stakeholders. The defence industry, including private sector, has made tremendous efforts in achieving the highest-ever defence exports. The private sector and the DPSUs have contributed about 60 per cent and 40 per cent, respectively.

02 April,2024 01:47 PM IST
Supreme Court of India praises India’s growing economy as robust

Supreme Court of India praises India’s growing economy as robust

The Supreme Court praised the growing Indian economy as robust and recognised in the world. The Supreme Court’s observation came while hearing the suit filed by Kerala Government against Centre. The Kerala Govt accused the Centre of not allowing it to borrow more money to meet its needs. Justices Surya Kant, KV Vishwanathan were hearing Kerala Govt’s plea raising the grave financial crisis. The Supreme Court remarked that India's economy is robust and is recognised in the entire world. Notably, India is currently the fifth largest economy of the world and visions to become the third largest soon. PM Modi has exuded confidence in returning to power and making the nation third-largest economy. External Affairs Minister also recently said that the country will soon move to grab the third position.

08 March,2024 06:10 PM IST
Pratik Gandhi: Our daughter has grown up in green rooms and backstages

Pratik Gandhi: Our daughter has grown up in green rooms and backstages

Pratik Gandhi and Bhamini Oza were in the Mid-day office to launch the Mid-day Gujarati app. The actor couple shard their opinions on the representation of the Gujarati community in films and TV shows. They narrated how their love story began, and shared some insights into parenting their daughter Miraya despite their hectic schedules. The Scam 1992 actor also revealed that their daughter has grown up in a theatre environment and is already showing a knack for direction. Watch the full video to get a peek into the lives of this talented couple.

17 December,2023 10:32 AM IST | Mumbai
Parliament Winter Session: BJP MP Sudhanshu Trivedi jabs Congress

Parliament Winter Session: BJP MP Sudhanshu Trivedi jabs Congress

Weighing in on India's growth rate during a debate on the state of the national economy amid the prevailing global challenges in the Rajya Sabha on Day 2 of the ongoing Parliament Winter Session, BJP MP Sudhanshu Trivedi on December 05 said the country's robust GDP numbers reflect the “growth rate of Hindutva”. In a veiled dig at the previous Congress-led United Progressive Alliance (UPA) government at the Centre, Trivedi said the Indian economy was striving to go beyond 2 per cent, which was jokingly labelled as the “Hindu rate of growth”.

06 December,2023 10:56 AM IST
Karan Johar: I have been here for 25 years and I am glad

Karan Johar: I have been here for 25 years and I am glad

54th IFFI Event: The 54th edition of the International Film Festival of India (IFFI) kicked off on November 20 at the Shyama Prasad Mukherjee Indoor Stadium in Taleigao-Goa which is scheduled to go on till the 28th of November. From Shahid Kapoor, to Sunny Deol, Madhuri Dixit, Shreya Ghoshal, Karan Johar, Sara Ali Khan and many others attended the IFFI event in Goa. Madhuri Dixit was honored with an award for her contribution to Bharatiya Cinema Award at IFFI 2023. Sunny Deol made his debut at the festival. While, Sara Ali Khan had a big night as the motion poster of her upcoming release, 'Ae Mere Watan' was unveiled. Watch the full video for more!

21 November,2023 12:38 PM IST
Karan Johar: I Have Seen Shah Rukh's Entire Growth & Been A Part Of It

Karan Johar: I Have Seen Shah Rukh's Entire Growth & Been A Part Of It

Shah Rukh Khan Birthday: Filmmaker and producer, Karan Johar spoke in detail about his bonding with superstar Shah Rukh Khan in an exclusive interview for Mid-day.com's Sit With Hitlist. Karan narrated the whole story about the trouble he faced on the day the premiere of his first film 'Kuch Kuch Hota Hai' was held and how SRK made sure that Karan experienced the whole success and told Karan that he would take a bullet for him if need be. According to Karan, SRK and his relationship has no involvement of money in it. SRK has never charged Karan for a film even after shooting for 14 days for 'Brahmāstra'. Karan talked about how he has seen SRK grow as an actor being a part of his journey. On the occasion of Shah Rukh Khan's 58th birthday, let's listen in to Karan Johar himself talk about King Khan! 

01 November,2023 01:02 AM IST
BRICS Summit 2023: PM Modi addresses summit, calls India 'global growth engine'

BRICS Summit 2023: PM Modi addresses summit, calls India 'global growth engine'

Prime Minister Narendra Modi arrived at the Summer Place in Johannesburg on August 22 for the BRICS Leaders Retreat and to deliberate on global developments with other leaders of the bloc. The leaders of the BRICS member states posed for a group photo at the Summer Place when they arrived to participate in the BRICS Leaders Retreat. Prime Minister Narendra Modi, while addressing the gathering at BRICS Business Forum Leaders’ Dialogue in Johanessburg, said that India will become the growth engine for the world in the coming years, and underlined that the country is on its course to become USD 5 trillion economy soon. 

23 August,2023 11:25 AM IST | Mumbai
Lavender cultivation transforms fortunes of farmers in Jammu and Kashmir

Lavender cultivation transforms fortunes of farmers in Jammu and Kashmir

With the rising demand, Lavender cultivation across Jammu and Kashmir has amplified. Hundreds of farmers are shifting to lavender cultivation in the Pulwama district of South Kashmir which has proved very profitable. Farmers traditionally in J&K grew cereals such as maize, rice and millet which didn’t provide great returns but after lavender cultivation, their earnings have gone up several times. The Kashmiri unemployed youth has also started practising lavender farming as it helps to generate revenue at a high level and they are happy with farming of unconventional aromatic plants. Jammu and Kashmir’s lavender cultivation is changing their fortunes.

31 July,2023 01:26 PM IST
From Unknown to Stardom: Shahid Kapoor's Journey After Ishq Vishk | Sit With Hit

From Unknown to Stardom: Shahid Kapoor's Journey After Ishq Vishk | Sit With Hit

Join us as we uncover the excitement and astonishment Shahid experienced when he witnessed the rapid transformation of people's perception towards him within a few hours. Explore the impact of 'Ishq Vishk' on Shahid's career, as barricades were set up and the world saw him in a new light. Witness the sheer power of a breakout film and the profound effect it had on shaping Shahid Kapoor's journey as a Bollywood superstar. #shahidkapoor #ishqvishk #sitwithitlist #entertainment #interview 

12 July,2023 07:59 PM IST

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