GDP
- Middle East
Saudi Arabia’s economy joins trillion-dollar club: Report
Riyadh: Saudi Arabia’s gross domestic product (GDP) has exceeded the ceiling of SAR 4.155 trillion (USD 1 trillion) for the first time, with the Kingdom joining the trillion-dollar club and achieving the…
- India
iPhone 15: How much monthly salary does an Indian need to afford it?
Apple, an American multinational technology company headquartered in Cupertino, California, unveiled the prices of the iPhone 15 in India on Tuesday. It is so high that an Indian needs to spend over…
- Business
GST revenues grow 11 pc to about Rs 1.6 lakh crore in August: Revenue secretary
New Delhi: The GST revenues for August 2023 have shown a growth of 11 per cent year on year due to increased compliance and less evasion, Revenue secretary Sanjay Malhotra said on…
- 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…
- Telangana
Telangana’s contribution to India’s GDP up by 72% in 6 years: Centre
Hyderabad: Minister of state for finance Pankaj Chaudhary informed Rajya Sabha that Telangana’s per capita contribution to the country’s Gross Domestic Product (GDP) increased by over 72% in six years. However, the…
- 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…
- Business
Apple tops list of top 10 most valuable companies in the world
With a market capitalisation of USD 3.039 trillion, Apple continues to be one of the top companies in the world. In the list of the top 10 companies by market capitalization, eight…
- 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…
- India
India needs 7.6 pc annual growth for 25 years to become developed economy: RBI
New Delhi: India’s real GDP needs to grow at the rate of 7.6 per cent annually over the next 25 years to become a developed economy, Reserve Bank of India’s (RBI) bulletin…
- 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…
