Economy
- World
Rishi Sunak supporters speak out as UK economy spirals under Liz Truss
London: The supporters of Rishi Sunak in the Conservative Party leadership race, which concluded earlier this month with opponent Liz Truss as British Prime Minister, are increasingly speaking out to point out…
- India
Rupee hits new record low against US dollar; How it will impact common people?
Mumbai: The Indian rupee fell to a new record low against the US dollar on Monday. At the interbank foreign exchange market, the rupee was trading at 81.60 against the US dollar.…
- World
Inflation, unrest challenge Bangladesh’s ”miracle economy”
Dhaka: Standing in line to try to buy food, Rekha Begum is distraught. Like many others in Bangladesh, she is struggling to find affordable daily essentials like rice, lentils and onions. I…
- Business
Indian economy resilient; accumulate stocks on correction: Report
New Delhi : The Indian economy is resilient and has shown strength despite weakness across the globe whereas any correction in its equity markets should be utilized as an opportunity to invest…
- World
Global economy in its steepest slowdown since 1970: World Bank
Washington: Interest rate hikes by central banks around the world could trigger a global recession in 2023, the World Bank has warned, media reports said. Central banks have raised rates “with a…
- Business
RBI article favours frontloading of monetary policy actions to tame inflation
Mumbai: An RBI article on Friday favoured frontloading of monetary policy actions, such as interest rate hikes, to contain inflationary pressures without sacrificing medium-term economic growth prospects. The article titled ‘State of the…
- Andhra Pradesh
AP’s economy rosy with highest GSDP, says CM Jagan
Amaravati: With the country’s highest GSDP growth rate of 11.43 percent in 2021-22 financial year, Andhra Pradesh’s economy was “very rosy” and not gloomy like Sri Lanka, as being projected by the…
- News
Andhra Pradesh economy in good shape, says CM Jagan
Amaravati: Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Friday alleged that the opposition and its “friendly” media is painting the state’s financial management in poor light and claimed that there…
- Pakistan
Pakistan’s economy continues to sink despite international support
Islamabad : Despite support from Saudi Arabia and International Monetary Funds (IMF), Pakistan is on the verge of economic collapse with a lack of funds. The political instability, deteriorating business environment and…
- Business
Indian telcos to spend $19.5 bn on 5G infra by 2025: GSMA
New Delhi: The telecom carriers in India are expected to invest around $19.5 billion in the development of advanced infrastructure for 5G by 2025, according to a GSMA report. The report showed…
- India
Finance ministry to kick-start budgetary exercise from October 10
New Delhi: The finance ministry will kick-start the exercise to prepare the annual budget for 2023-24 from October 10 in the backdrop of revival of the Indian economy and fears of recession…
- India
India pips UK to become 5th largest economy; here’s what analysts say
New Delhi: India has become the fifth largest economy in the world beating the United Kingdom. This is a proud moment for the country and India’s position would strengthen further in the…
- India
India will be second largest economy in the world by 2047: Commerce Secretary
New Delhi: Within a few years from now India will be among the top four economies globally and by 2047 it will become the second largest economy in the world, Commerce Secretary…
- News
India set to become 3rd largest economy by 2029
Mumbai: India is expected to become world’s third largest economy by 2029 due to the path taken by the country since 2014, SBI Ecowrap report said. The share of India’s GDP is…
- India
Take steps to galvanise economy: Kerala CM to Centre
Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Saturday urged the Central government to make the States take up what he called as productive spending to galvanise the economy of the country. Speaking…
