Published 17:46 IST, December 6th 2023

Arnab Goswami opens India Economic Summit 2023

The Republic Business India Economic Summit is being held at a time when India remains the fastest-growing major economy in the world.

Reported by: Business Desk
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Republic Business India Economic Summit 2023 | Image: India Economic Summit
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Republic Media Network's Editor-in-Chief Arnab Goswami inaugurated India Economic Summit in New Delhi on Tuesday. India Economic Summit is being held at a time when India remains fastest-growing major economy in world and India's stock markets are tring at record highs.

summit holds significance as India has emerged as bright spot at a time when various countries are facing hard economic conditions. India recorded economic growth of 7.6 per cent in second quarter of current financial year, beating analyst estimates by leaps and bounds.

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“India’s Economic Summit has developed as a platform where stakeholders in economy and business come toger. Republic has been leer in English news and we are a leing Hindi and Bangla news… we recently launched Republic Kanna and we are working hard to build a global network and it gives us immense pride to launch a sixth mega brand for Republic Media that is Republic Business,” Goswami said at launch of Republic Business at India Economic Summit.

“ summit is happening at a time when India's story is strong in face of global turmoil,” he said.

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world is looking towards India as an investment destination with foreign inflows soaring to highest in over six years.

Foreign inflows into government bonds hit highest level in six years in November ahe of securities being included in JPMorgan's emerging market index next year, with investors and treasury officials expecting buying to continue.

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Foreign portfolio investors bought a net Rs 12,720 crore of bonds in November, highest since June 2017, data from Clearing Corp of India showed.

Of se, around Rs 9,660 crore of purchases were securities with no investment limit, which will be included in JPMorgan index.

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Summit will be graced by honourable ministers like Ashwini Vaishnaw, Hardeep Singh Puri, Jyotiritya Scindia, Nitin Gkari, Piyush Goyal and industry stalwarts like Sandhya Devnathan, VP and MD, Meta, Amitabh Chaudhary, CEO, Axis Bank and many more.

10:29 IST, December 5th 2023