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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Macro
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
IT sector spending to surge 13.2% to hit $138.9 bn mark in 2024: Gartner
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%
Lok Sabha Elections 2024: Know details about Phase 1 voting, date, polling states
The voting window for Phase 1 will open at 8:00 a.m. and close at 5:00 p.m., with an additional hour allotted as a buffer for voters already in line
Macro
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
IT sector spending to surge 13.2% to hit $138.9 bn mark in 2024: Gartner
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%
Lok Sabha Elections 2024: Know details about Phase 1 voting, date, polling states
The voting window for Phase 1 will open at 8:00 a.m. and close at 5:00 p.m., with an additional hour allotted as a buffer for voters already in line
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