ASSOCHAM President Ajay Singh said, "Though India remains the fastest-growing nation amongst the major economies, growth is uneven even as the global headwinds from volatile energy prices, geo-political developments and threat of recession in major economies need to be watched with an abunda
Growth in developing East Asia and the Pacific is forecast to accelerate in 2023 as China's economy reopens, while the pace of growth in most of the economies in the rest of the region is anticipated to ease after a strong rebound last year, a World Bank report said.
While the focus remains on the western Pacific and the South China Sea, because of the China-US direct interests, the Indian Ocean is a major geopolitical theatre. Several key energy-producing countries, such as Saudi Arabia, Iran, Iraq, Qatar and the UAE are located in the region. More t
The risk of weakness in currencies in the emerging economies in Asia is worrisome, and more so the risk is greater in India with a new bout of rupee weakness, which could force its central bank Reserve Bank of India to "press harder on the brakes", according to Moody's Analytics.
The report said while comparing the core debt of the corporate sector in both advanced economies (AEs) and emerging market economies (EMEs), it increased in both categories, reaching 175 per cent of GDP in EMEs and 185 per cent of GDP in AEs at the end of 2020
The analysis by PHDCCI was based on the IMF database on the GDP growth of the countries according to their GDP growth rates for 2019, 2020, 2021, and 2022 and the projections for 2023.
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank runs across developed economies reveal US's top 10 banks deposits are insured in the range of 38.4-66 per cent, according to a research titled, Ecowrap, of the State Bank of India's Economic Resea
The emerging-market economies in Asia are likely to be less affected by the global slowdown, helped by the rebound in China and more moderate inflation pressures, according to 'OECD Economic Outlook, Interim Report March 2023: A Fragile Recovery,' released on Friday.
While addressing the public at the event he said, "Before 2014 we were ranked 11th in terms of size of economy but now we have left Britain behind. With the ongoing progress, we can become the top 3 economies in the world by 2027-28. Now the world listens to us on the International stage
New Delhi [India], March 16 (ANI/NewsVoir): The Indo-French Chamber of Commerce and Industry (IFCCI) in partnership with Business France, today held the 5th edition of its flagship event, the Indo-French Business Awards (IFBA) and Grand Prix VIE in the presence of Edouard Philippe, former Pr
Indian culture acts as a backbone for MSME. micro and small businesses have two-fold importance in our economy - first, these enterprises preserve the age-old traditions by meeting local communities' demand for cultural goods. Two, such culture goods-based MSMEs support local economies by pr
New Delhi [India], March 15 (ANI/PNN): Gender equality is off track - according to a recent report by the United Nations, 300 years off track. In a world of multiple crises, we find it surprising that gender equality is not a priority for most political leaders. Mounting evidence shows that