growth rate

247 mn Indian ‘entrepreneurial households’ to drive $95 trillion in transaction value by 2043

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New Delhi: India now has 247 million “entrepreneurial households” responsible for a whopping $8.8 trillion in transaction value for the fiscal year 2023, and expected to grow to $95.2 trillion by 2043 with an annual growth rate of 12.7 per cent, a report showed on Wednesday. These “entrepreneurial households” will be key players in India’s … Read more

PE, VC investments reached $6.9 billion in May: Report

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Mumbai: Investors are bullish on India as the economic growth rate is the fastest in the world. Private equity (PE) and venture capital (VC) funds invested $6.9 billion in May 2024 which is 54 per cent more on a year-on-year (YoY) basis, according to the EY-IVCA report. The report said that investment in real estate … Read more