Economy
- India
Govt has ‘mismanaged’ economy across all sectors: Congress
New Delhi: The Congress on Sunday alleged that the government has mismanaged the economy across all sectors and since it is “too inept” in fixing issues such as unemployment and price rise,…
- Pakistan
Pakistan’s economy on edge of precipice, warns World Bank
Islamabad: Pakistan is in its tipping point crisis where it should decide to remain a laggard with 40 per cent population living below the poverty line under elite capture and policy decisions…
- World
Britain’s economy shrinks more than expected in July
London: Britain’s economic output shrank by a larger-than-expected 0.5 per cent in July after growth of 0.5 per cent in June, the Office for National Statistics (ONS) said on Wednesday. Output of…
- World
Key points of G20 New Delhi Leaders’ Declaration
New Delhi: Key points of G20 New Delhi Leaders’ Declaration adopted on Saturday: War in Ukraine: Asserting that “today’s era must not be of war”, the G20 countries called on all states…
- Business
Govt notifies amendments to GST law on deposit refunds issued by online gaming portals, casinos
New Delhi: The government has notified amendments to GST law in relation to the valuation methodology to be adopted by online gaming companies and casinos for calculating tax. The finance ministry notified…
- World
New Zealand’s filled jobs up 1.1%: Statistics
Wellington: Filled jobs in New Zealand increased 1.1 per cent, or 24,946 jobs, for the quarter ending in June 2023, the statistics department said on Thursday. Stats NZ said the increase follows…
- Business
US economy added jobs at robust pace last month
Minneapolis: The US economy added 187,000 jobs in August, slightly more than expected, according to data released on Friday by the Bureau of Labor Statistics, a media report said. The monthly job…
- India
India’s GDP growth towers over several economies, says chief economic adviser
New Delhi: Even as the GDP growth for the first quarter of current fiscal stood at 7.8 per cent, a sharp fall from the corresponding period of last year, when it was…
- World
US economy grew more slowly in 2nd quarter than previously estimated
Washington: The US economy grew more slowly in the second quarter than previously estimated — a good sign for the Federal Reserve, which is attempting to cool demand to bring down price…
- Business
LPG price cut to have financial implication of Rs 7,680 cr in current fiscal
New Delhi: As the government on Tuesday announced Rs 200 cut in the price of cooking gas cylinders for all subscribers, the financial implication of the decision will come to around Rs…
- World
Thailand’s employment growth slows despite tourism recovery
Bangkok: Thailand’s employment growth slowed in the second quarter of this year as droughts affected farming despite improvements in the vital tourism sector with an inflow of foreign visitors, official data showed…
- Technology
Indian electronics sector to tap $7 bn untapped revenue via circular economy by 2035
New Delhi: India’s electronics sector is set to harness $7 billion untapped revenue by 2035 via circular business model and policy pathways, industry stakeholders said here on Monday. Current commitments and targets…
- India
Economy gathering momentum in Q2, inflation remains concern: RBI
Mumbai: Indian economy is gathering momentum in the second quarter, though inflation would continue to average above the central bank’s comfort zone of 6 per cent, said an article in the RBI’s…
- Business
Global smartphone shipments to hit decade low in 2023, Apple near top spot
New Delhi: 2023 is on track to become the worst year for global smartphone shipments in a decade, with a 6 per cent decline to reach 1.15 billion units, a report showed…
- World
China stops releasing youth unemployment figures as economy falters
New Delhi: China has stopped releasing youth unemployment figures, which were seen by some as a key indication of the country’s slowdown. The decision is due to changes in the world’s second…