gdp

AI in healthcare likely to contribute $30 bn to India’s GDP by 2025: Report – ET HealthWorld

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AI in healthcare likely to contribute bn to India’s GDP by 2025: Report – ET HealthWorld

New Delhi: Artificial Intelligence (AI) in healthcare is projected to contribute USD 25-30 billion to India’s GDP by 2025, enhancing accessibility, diagnostics, and treatment outcomes, according to a report by Deloitte. Government-backed initiatives like the IndiaAI Mission and the Digital Personal Data Protection Act, 2023, are setting the stage for a digitally empowered healthcare ecosystem, … Read more

Focus on midcaps for alpha generation amidst market uncertainty: Aman Chowhan

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Focus on midcaps for alpha generation amidst market uncertainty: Aman Chowhan

“There has been some pickup, whether in GDP numbers, in earnings growth, or in top line or something for it to get some trigger or some reason to be bullish about or to add on to what the current holding is, so that is what the whole situation is,” says Aman Chowhan, Abakkus Asset Manager.Let … Read more

‘Can we start 5% tax on Rs 50 lakh income…’: Netizens request FM for tax simplification

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‘Can we start 5% tax on Rs 50 lakh income…’: Netizens request FM for tax simplification

The Economic Survey for 2024-25 revealed that the annual growth rate of agricultural income has been 5.23% over the past ten years. Agriculture and its associated activities have always been a crucial pillar of India’s economy, playing a substantial role in both national income and employment generation. However, ahead of the Budget for 2025, there … Read more

GDP set to grow 8% or more in Jan-March quarter: FM Nirmala Sitharaman

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GDP set to grow 8% or more in Jan-March quarter: FM Nirmala Sitharaman

India‘s gross domestic product (GDP) will grow by 8% or more in the fourth quarter of current fiscal year, Finance Minister Nirmala Sitharaman said on Saturday. Sitharaman said that the economy is expected to show the same rate of year-on-year expansion for the 2023/24 financial year due to the impact of improved inflation management and … Read more

ETMarkets Smart Talk: FY25 Strategy! Deploy 80% of equity allocation through weekly STP over next 8-10 weeks: Kshitiz Mahajan

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ETMarkets Smart Talk: FY25 Strategy! Deploy 80% of equity allocation through weekly STP over next 8-10 weeks: Kshitiz Mahajan

“Given the current scenario, deploying 80% of the equity allocation through weekly STP over the next 8-10 weeks is advisable, with the remaining allocation to be adjusted post-election, depending on the prevailing conditions. STP/SIP remains the preferred route for investing,” says Kshitiz Mahajan, CEO of Complete Circle Wealth. In an interview with ETMarkets, Mahajan said: … Read more

MoSPI reduces no. of GDP estimates, timeline by a year

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MoSPI reduces no. of GDP estimates, timeline by a year

New Delhi: The Ministry of Statistics and Programme Implementation (MoSPI) reduced the number of estimates and the timeline for releasing final estimates for GDP by one year, by doing away with the third revised estimate. The ministry will now release five GDP numbers instead of six, with the final revision coming nearly two years from … Read more

Bullish on DLF, L&T, Maruti Suzuki and RIL from Indian equities: Jonathan Garner

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Bullish on DLF, L&T, Maruti Suzuki and RIL from Indian equities: Jonathan Garner

“Japan is a very strong story and it trades only about fourteen-and-a-half times one year forward PE,” says Jonathan Garner, Morgan Stanley.So, are you saying we should expect only, let us say, mid-single digit kind of realistic return expectation from the Indian markets as well?That is the base case. As I mentioned, the bull case … Read more

Used this Budget for growth direction, not for elections: Nirmala Sitharaman

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Used this Budget for growth direction, not for elections: Nirmala Sitharaman

“I think right from the very beginning, when the preparations for this budget started, honourable PM was very clear and the guidance which we had was very clearly to give a direction towards the next 5 years, 10 years and so on,” says Nirmala Sitharaman, Finance Minister.Navika Kumar: Being a woman and making it to … Read more

India stock rally is no rocket science. Here’s why

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India stock rally is no rocket science. Here’s why

India has been the fastest-growing major economy for the third successive year. Despite global headwinds, including geo-political realignment, India’s economy would continue its strong and resilient growth of 6.7% in FY 2024 and 6.2% in FY 2025. The first Advance Estimates of National Income 2023-24 placed macro-economic growth at 7.3% in FY 24 vis-a-vis 7.2% … Read more