Tag: GDP growth
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UAE Economy Set to Soar: World Bank Predicts 4.1% GDP Growth in 2025
The United Arab Emirates stands ready for robust economic expansion, latest semi-annual MENA Economic Update has indicated. The global report entitled “Growth in the Middle East and North Africa” has predicted that the UAE’s GDP will grow by 3.3% in 2024 and 4.1% in the following year. This growth path puts the UAE in a ... -
Retail Inflation Hits 3.65% in August Amid Persistent Food Price Surge
India’s retail inflation edged up to 3.65% in August, compared to 3.54% in July, driven primarily by rising food costs. Despite the increase, inflation remained within the Reserve Bank of India’s (RBI) target range of 2-6%, reflecting the central bank’s sustained efforts to keep inflation in check. Food inflation, a persistent concern, surged to 5.66% ... -
India To Become ₹20 Lakh Crore Economy As A ‘Developed’ Country
India will become a 20 trillion dollar economy by 2047 if it manages to sustain GDP growth of 7 to 7.5 percent, says the Economic Advisory Council. The country’s economy can develop at a steady rate of 7 to 7.5 percent for the next 25 years, according to the Economic Advisory Council to the Prime ...
