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Business

"India would again be the fastest growing large economy in the world" with a projected annual growth rate of 6.6 per cent, according to Hamid Rashid, the UN head of Global Economic Monitoring.

The Central government has approved an additional allocation of 5,000 MW of renewable energy to Rajasthan under Component-A of the PM Kusum Yojana.

India's equity markets ended in the red on Thursday, with benchmark indices Sensex and Nifty declining ahead of the Q3 FY25 results.

Challenges like broadening digital access, rising living costs, climate change mitigation, demographic shifts, and geopolitical fragmentation are expected to displace 92 million jobs, or 8% of the workforce.

The three-wheeler industry has faced significant challenges in recent years, with exports declining by 11.60 percent in FY20 and 21.70 percent in FY21. However, a strong recovery in FY22, with a growth of 27.20 percent, provided a much-needed boost to the sector.

Aimed at ensuring uniform availability of natural gas across regions, the Ministry of Petroleum and Natural Gas announced the expansion of the natural gas pipeline by 10.805km.

Mutual funds have gained popularity as an investment option, with a growing number of investors choosing to invest via Systematic Investment Plans (SIPs).

The Indian stock market opened lower on Thursday owing to selling in the auto, IT, PSU, and financial services sectors. Experts speculate that quarter 3 results were the driving force behind this. 

Citigroup Inc. is anticipating a 10th consecutive year of gains for India’s $5 trillion stock market, driven by a recovery in economic growth.

Private equity investments in India surged to $15 billion in 2024, making a 46.2 per cent increase from the previous year, as per LSEG Deals Intelligence.