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The annual inflation rate in India was recorded at 6.95% in 2023. Historically, from 1960 until 2023, the annual inflation rate in India averaged 7.37% reaching an all-time high of 28.60% in 1974 and a record low of -7.63% in 1976. The inflation rate for Primary Articles is currently at 9.8% (as of 2012).
States and union territories of India by the spoken first language [1] [note 1]. The Republic of India is home to several hundred languages.Most Indians speak a language belonging to the families of the Indo-Aryan branch of Indo-European (c. 77%), the Dravidian (c. 20.61%), the Austroasiatic (precisely Munda and Khasic) (c. 1.2%), or the Sino-Tibetan (precisely Tibeto-Burman) (c. 0.8%), with ...
COVID-19 pandemic -induced market instability and lockdown. Total Economic Stimulus. ₹ 29.87 lakh crore (equivalent to ₹ 35 trillion or US$420 billion in 2023) [15% of national GDP] (uptil 31 October 2020) Impact. Largest GDP contraction ever in Q2 (April–June) FY2020–2021 at −24%. Sharp rise in unemployment.
Worldwide employment In agriculture, forestry and fishing in 2021. India has one of the highest number of people employed in these sectors. As per the 2014 FAO world agriculture statistics India is the world's largest producer of many fresh fruits like banana, mango, guava, papaya, lemon and vegetables like chickpea, okra and milk, major spices like chili pepper, ginger, fibrous crops such as ...
The following list gives the latest available gross state domestic product (GSDP) figures for all Indian States and Union Territories at current prices in millions or trillions of Indian rupees. No data is available for the union territories of Dadra and Nagar Haveli and Daman and Diu, Ladakh and Lakshadweep.
Approximately 72% of world oil production came from the top ten countries, and an overlapping 35% came from the twelve current OPEC members. Members of OPEC+, which includes current OPEC members produce about 60% of the world's petroleum. In addition to being top 5 in oil production, the United States and Russia are also top 5 in oil exports ...
The empire met global demand for Indian agricultural and industrial products. [55] Cities and towns experienced growth under the Mughal Empire, which had a relatively high degree of urbanization. [56] By 1600, between 4.6% and 15% of India's population lived in urban areas, with the figure measuring between 6.4% and 11% around 1840.
Under the Mughal Empire, India experienced a high economic and demographic upsurge, [32] due to Mughal agrarian reforms that intensified agricultural production. [33] 15% of the population lived in urban centres, higher than the percentage of the population in 19th-century British India [34] and contemporary Europe [34] up until the 19th ...