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6 mins read
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
3 mins read
The US economy may be barrelling towards stagflation, an outcome worse than recession
As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s…
Filip De Mott
1 min read
Morgan Stanley raises India's GDP growth forecast to 6.8% for FY25
According to Morgan Stanley, the outlook for India's GDP growth remains robust, with the expectatio…
ANI
2 mins read
Fitch raises global growth forecast on improved near-term prospects
Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per ce…
ANI
2 mins read
The US economy is already in a recession, and it's following the same path as China by becoming reliant on debt, veteran forecaster says
Rising layoffs and sluggish job growth are major signs the economy is already in a hard landing, on…
Jennifer Sor
2 mins read
China's GDP rose 5.3% in the first quarter, but it doesn't mean the economic pain is over
March retail sales and industrial output fell short of forecasts. First-quarter new home sales slum…
Huileng Tan
2 mins read
Moody's projects 6.8 pc GDP expansion in 2024 on strong growth, post-election policy continuity
High-frequency indicators, including robust goods and services tax collections, rising auto sal…
PTI
1 min read
India's GDP grows 7.6% in July-September quarter
The Indian economy grew 7.6% during the July-September quarter of the current financial year 2023-…
ANI
2 mins read
Sensex-Nifty mark record highs on expectation of Modi 3.0
The Sensex surged by 1859.88 points, opening at a record 75,821.19. Similarly, the Nifty jumped 603…
ANI
1 min read
Surging immigration will boost the US labor force and send GDP higher, Goldman says
"Elevated immigration has boosted labor force growth and, by extension, potential GDP growth," Gold…
Matthew Fox
2 mins read
Growth in India set to get more broad-based, says Morgan Stanley; pegged 6.8% for 2024
Growth in India, which already is strong and surging, may become more broad-based across both on th…
ANI
2 mins read
Indian economy likely to grow over 7% in 2024-25: Economic think tank NCAER
"Projected acceleration in both global growth and trade volumes, as well as a forecast of an abo…
PTI
3 mins read
Deloitte projects India's FY25 GDP growth at 6.6%
Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal…
PTI
2 mins read
IMF raises India's growth forecast again, cites strong consumption
According to IMF's latest World Economic Outlook report, released Tuesday, the growth is expected t…
2 mins read
Global GDP to face a 19% decline by 2050 due to climate change, study projects
Although the detrimental effects of climate change on economies have been acknowledged, quantifying…
2 mins read
SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities
According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…
ANI
3 mins read
Chinese shoppers are buying less than they used to but they're spending on experiences
China's property market was still struggling as April new-home prices fell at their fastest pace in…
Huileng Tan
1 min read
What productivity boom? AI will provide just a 1% GDP boost over the next decade, MIT economist says.
The forecast for minimal growth is a far cry from the likes of Goldman Sachs, which sees $7 trillio…
Filip De Mott
1 min read
Why the US isn't facing a stagflation threat even as growth slows, according to BofA
The firm says inflation is being driven by a strong consumer, which makes the current situation les…
Filip De Mott
2 mins read
'The economy and stock market have never seen anything like this': There's an unprecedented number of recession signs flashing, veteran strategist says
The next recession has likely been postponed by the trillions of dollars of stimulus spent during t…