Economy of India

A new power is emerging: It will overtake Germany, Japan and the USA

This was announced by the investment bank Goldman Sachs in its latest forecast.
The main arguments for this assessment are India's population growth, the country's progress in the field of innovation and technology, higher capital investment and rising worker productivity, according to the report, CNBC reports.

Turkish Airlines’ former chair to take helm at Air India: Tata Group

İlker Aycı, former head of Turkish Airlines' executive board and committee, was appointed the CEO of India's national carrier Air India, Tata Sons Group announced on Feb. 14. 

Aycı, who was chair of the Turkish Airlines for more than seven years, resigned on Jan. 27.

Bulgarian Restaurateurs Fear New Lockdown amid Higher Infection Growth Rates

Any attempts to impose new restrictions on restaurants are absolutely unacceptable. This is stated in the official position of the Associations of Restaurants in Bulgaria following the declared intention by the National Operational Headquarters for a new tightening of the anti-epidemic measures.

India Hopes to Revive the Economy with Its New Budget

India's government unveiled a new budget aimed at reviving its pandemic-battered economy, with a focus on vaccinations and doubling on health care spending.

India's economy shrank by the astonishing 23.9 per cent in the first quarter of last year and is projected to record its worst-ever annual recession - a contraction of 7.7 per cent - in the current financial year ending March 31.

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