New Delhi [India], July 14: Airbnb Hosts and guests have emerged as key drivers of economic activity in areas not served by traditional accommodation across India. A new report shows there were over 19,000 guest arrivals in communities within India with Airbnbs and no hotels in 2022. This ha
Prof Jukka Petteri Taalas, Secretary-General of the World Meteorological Organisation, said that the UAE economy is less than 20% dependent on fossil fuels, making it the finest model in the Gulf region in this field.
Fitch Ratings has raised the global growth forecast for 2023 to 2.4 per cent from its March estimate of 2.0 and noted that economic activity the world over is holding up better than as was expected.
Elevated inflation and tightening of monetary policy have weakened the growth process and are expected to weigh on economic activity for at least three years since the conflict broke out between Russia and Ukraine in February 2022 (the financial year 2022-25), according to Ministry of Financ
Bangalore (Karnataka) [India], April 21 (ANI/PRNewswire): A recent study on precious metals by Windmill Capital, a wholly-owned subsidiary of smallcase Technologies Pvt Ltd, highlights that Gold has been in focus during FY23 due to the uncertainty in the global financial markets. The equity
New Delhi [India], March 25 (ANI/NewsVoir): The Asia Foundation partnered with, CII and BRIEF to convene a discussion on 'Opportunities for India's Participation in Global Value Chains' on March 24 in New Delhi. The convening brought together industry experts, policymakers, and academia to d
This month a team from the Tianjin campus of the Civil Aviation University of China's Transportation Science and Engineering College conducted an AI simulation of the development and operation of a logistics network in the South China Sea, which they claim will increase China's economic acti
The British consultancy said in its annual World Economic League Table 2023 that over the next five years, the annual rate of GDP growth is expected to average 6.4 per cent, after which growth is expected to average 6.5 per cent in the subsequent nine years.
New Delhi [India], October 20 (ANI/NewsVoir): India's real estate sector is witnessing momentous growth after a two-year slump. An industry report revealed that with economic activity in full swing, housing sales jumped two-fold across seven major cities in Q3 of 2022. The sector is likely t
New Delhi [India], August 29 (ANI): The economic activity in India is in recovery mode as growth seen broad basing with most sectors operating at pre-pandemic levels, a joint survey conducted by industry body FICCI and Indian Banks' Association revealed. The uptick in growth was despite a mu
Washington [US], August 18 (ANI): Amid the heightened tensions in the Taiwan Strait, the United States is planning to take steps in the coming weeks and months to counter China's military and economic activity around Taiwan.
Islamabad [Pakistan], August 10 (ANI): As China continues to boast about its economic partnership with Pakistan especially the China-Pakistan Economic Corridor (CPEC) projects in the port city of Gawadar, reports suggest a contrary picture which exposes the reality that many of these project