GDP
- India
GDP numbers overstated due to price deflators: Congress
New Delhi: Congress on Friday hit back at the government after it claimed that India’s economic growth stood at 7.8 percent in the first quarter of the current fiscal saying numbers are…
- 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…
- Business
Moody’s affirms India’s Baa3 rating; says GDP growth to support income level rise
New Delhi: Moody’s on Friday affirmed India’s sovereign rating at ‘Baa3’ with a stable outlook and said high growth will support a gradual increase in income levels, which will further contribute to…
- World
SL’s GDP allocation for education among lowest in South Asia: UNICEF
Colombo: Battered by the worst-ever economic crisis in its post-independence history, Sri Lanka’s allocation of its GDP on education has become one of the lowest in the South Asian region. Releasing the…
- India
RBI retains repo rate at 6.5 percent
Chennai: As predicted by economists, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) did not change the repo rate from 6.50 percent. Announcing the decision of the MPC…
- Middle East
Saudi Arabia’s economy grew by 1.1% in Q2 of 2023
Riyadh: The Kingdom of Saudi Arabia’s gross domestic product (GDP) grew by 1.1% as compared to the previous year during the second quarter of 2023. The GDP estimate showed an increase in non-oil…
- World
Russia’s external debt-to-GDP ratio falls to historic low
Moscow: Russian’s external debt-to-GDP ratio plummeted to a historic low of 15 per cent by the end of the first quarter, local media said on Friday. Data from Russia’s Central Bank reveal…
- Middle East
UAE one of fastest-growing economies in 2022: CBUAE
Abu Dhabi: The UAE’s real GDP growth accelerated during 2022 due to a robust recovery in non-oil GDP and a sizable expansion of oil GDP, according to the Financial Stability Report for…
- Business
‘Magnificent 7’ stocks account for half of US GDP
New Delhi: Seven stocks, making up close to $11tn in market capitalisation today, contributed 73 per cent of returns of the S&P 500 in the first half of 2023, a crescendo to…
- Bangalore
Our priority is to develop rationality from primary level in students: Karnataka CM
Bengaluru: Karnataka Chief Minister Siddaramaiah on Saturday said that the government will work towards developing consciousness and rationality among the students. He said that if the teachers are not secular and rational,…
- Business
AI developer productivity can boost global GDP by $1.5 trillion by 2030
Bengaluru: Artificial intelligence (AI) developer productivity benefits could boost global GDP by over $1.5 trillion by 2030, a report showed on Wednesday. According to Microsoft-owned software development collaboration platform GitHub, users accept…
- Middle East
Saudi economy grew by 3.8% in Q1 of 2023
Riyadh: The Kingdom of Saudi Arabia’s economy grew by 3.8 per cent during the first quarter of 2023, compared to the same quarter of 2022. The growth of non-oil activities by 5.4…