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2 mins read

With strong growth momentum in India, Asian earnings growth to outpace US and Europe this year: Report

Reserve Bank of India's (RBI) latest monetary policy report predicts a robust growth rate of 7.2 pe…

ANI   


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World Bank raises GDP projection, says India to keep its fastest-growing economy tag

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…

ANI   


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2 mins read

Global economy to grow 2.7% in 2024 as major economies avoid severe downturn: UN report

The growth rate of the world economy is expected to remain around 2.7 per cent in 2024, and 2.8 per…

ANI   


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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   


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3 mins read

India poised to become world's third largest consumer market by 2026 outpacing Germany, Japan

According to recent data, India is expected to outpace Germany by 2024 and Japan by 2026, solidifyi…

ANI   


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The US is eyeing sanctions that could cut off some Chinese banks from the rest of the world

The US is drafting sanctions on Chinese lenders that facilitate trade with Russia, which is feared …

Filip De Mott   


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3 mins read

India tops global remittance charts at $125 billion in 2023: World Bank report

According to the World Bank, the report highlights India's significant position as the top remittan…

ANI   


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Global economy braces for slowest growth in three decades, World Bank report warns

The global economy is hurtling towards its weakest half-decade performance in 30 years, according t…

ANI   


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Finance minister asks for greater push and investment in the manufacturing sector at the CII Annual Summit

Finance Minister Nirmala Sitharaman asked for a greater push to manufacturing sector. Speaking at t…

ANI   


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The boss of Russia's biggest bank said the country's economy is 'definitely and strongly overheated'

Russia's economy is driven by wartime activities, government subsidies that steady the economy, and…

Huileng Tan   


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2 mins read

Elon Musk is waging war on multiple fronts and now Australia is in the firing line

Elon Musk is no stranger to spats with public figures, but he's also been going into battle with ju…

Beatrice Nolan   


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6 mins read

Many drivers for Uber, Lyft, and DoorDash are earning well below minimum wage, even with tips, a new paper finds

Many gig drivers earn less than local minimum wage after expenses, some earning just 40 cents an ho…

Noah Sheidlower,Jacob Zinkula   


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1 min read

High inflation could be here to stay as commodity prices spike again after a 2-year decline, World Bank says

"Global inflation remains undefeated," said Indermit Gill, the World Bank's senior president, addin…

Yuheng Zhan   


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1,000 workers at one car factory in China were told to either quit or sit around on minimum wage until the market picks up again: Nikkei

China's auto sector is struggling with overproduction, impacting domestic and international markets.

Meghan Morris   


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1 min read

RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major e…

PTI   


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HDFC Bank shares decline over 1%, market cap erodes ₹14,434 crore

On the NSE, shares of the company went lower by 1.10 per cent to settle at Rs 1,514.35, paring …

PTI   


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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   


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Some central banks have sold gold at record prices, cashing in on the global boom

Gold prices have hit fresh record highs amid macroeconomic and geopolitical uncertainties.

Huileng Tan   


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7 mins read

America's plan to fix its economy is going to screw over the rest of the world

There's a growing gap between America's interest rates and the rest of the world. That's going to c…

Linette Lopez   


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3 mins read

Sensex tumbles over 1,000 points, Nifty falls below 22k amid election uncertainties

Benchmark equity indices Sensex and Nifty tumbled about 1.5 per cent on Thursday amid heavy foreign…

PTI