Momentum in India's favour, need to prevail over COVID: Deloitte CEO on economic development
The Hindu
“India will lead others in terms of growth of large economies.”
India needs to continue creating an environment of being an attractive destination for foreign investment and also ensure its fight against Covid is successful, Deloitte CEO Punit Renjen said while stressing the momentum is in the country's favour.
He said India will be the fastest-growing large economy in the world in 2022, registering a growth of somewhere between eight and nine per cent. "This is going to be India's century," Mr. Renjen told PTI in an interview.
Stressing on the urgency of prevailing over the coronavirus, he said the pandemic is an "overhang in terms of economic development".
Beijing has asked some Chinese tech companies to halt orders for Nvidia’s H200 chips this week, and is expected to mandate domestic artificial intelligence chip purchases, the Information reported
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Elon Musk persuaded a judge on Wednesday to allow a jury trial on his allegations that ChatGPT maker OpenAI violated its founding mission
South Korean tech giant Samsung Electronics said Thursday it expected its fourth-quarter profit to reach a record 20 trillion won ($13.8 billion).
India's climate progress shows reduced emissions intensity and increased renewable capacity, but absolute emissions remain high, requiring urgent action.
According to recent Foreign Trade Performance Analysis data, India’s overall exports remained resilient in late 2025, even as traditional sectors faced sharp declines. While shipments of gems and jewellery to the U.S. plummeted, the overall figures were bolstered by a massive 237% surge in telecom exports, particularly smartphones. Data shows that Indian exporters are aggressively diversifying their portfolios. By deepening ties with existing partners and discovering new alliances, India is replacing lost U.S. sales with a more diversified set of trade partners
Agnivesh Agarwal, son of billionaire Anil Agarwal, dies at 49 after a skiing accident and subsequent cardiac arrest.
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Despite severe air pollution, Delhi remains the top choice for high-value homebuyers, including HNIs and celebrities.
Centre invites public feedback on the draft Pesticides Management Bill, 2025, aiming to replace the 1968 Insecticides Act.
India's wind energy capacity reached 54.51 GW in 2025, marking an 85.4% increase from the previous year.
The government forecasts a 7.4% GDP growth for 2025-26, highlighting sector-specific trends and anticipated slowdowns in the second half.