Key Points
The Indian economy is poised to touch USD 5 trillion next financial year - 2024-25 - and capitalise to double to USD 10 trillion by the end of this decade, said Union Petroleum Minister Hardeep Puri...
We are the fifth-largest economy and the fourth-largest stock market....
We will then be a 10 trillion dollar economy by 2030," Puri, who is also Urban and Housing Affairs Minister, said.. Global interest in India, he added, is increasing by the day, be it in digital infrastructure, the automobile market, energy or biofuels...
Firm GDP growth forecasts, inflation at manageable levels, political stability at the central government level and signs that the central bank is done tightening its monetary policy have all contributed to painting a bright picture for the Indian stock market...
India's stock market capitalization crossed USD 4 trillion for the first time on December 5, 2023, with about half of that reportedly coming in the past four years..
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