The private sector is not only investing more to power GDP growth than the public sector, but is saving more as well. The government needs to take action before PSUs, the traditional economic mainstays, lose more momentum.
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Apr power demand shoots up 10%; Centre gears up for summer
Power consumption in the country rose to 70.66 billion units (BU) during April 1-15 this year from 64.24 BU during the same period last year
PHD Chamber forecasts India to be $34 trillion economy by 2047
The chamber estimates that the contribution of services to India’s GDP will be 54%, followed by industry (34%) and agriculture (12%) in 2047.
Global PC shipments surge 3% in Q1 2024; Lenovo tops the chart
Looking ahead, industry observers foresee a pivotal role for AI PCs in shaping the trajectory of the PC market in 2024
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The Indian IT sector's spending is forecasted to hit $138.9 billion in 2024, up from $122.6 billion the previous year, marking a robust growth rate of 13.2%
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