Search For "gdp"
China's economy grew 3.2% in 2022, well below forecast: Centre for Economi
Updated : 3 years, 3 months ago IST
This was well below forecast and seems to have been caused by lockdowns associated with its Zero Covid policy, the London-based consultancy said in a report.
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India to rise to 3rd spot on the World Economic League Table by 2037 from
Updated : 3 years, 3 months ago IST
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.
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World Bank cuts 2022 China growth forecast to 2.7 pc from 4.3 pc predicted
Updated : 3 years, 3 months ago IST
In a report -- Navigating Uncertainty, China's Economy in 2023 -- by World Bank, the lender said that confronted with the most widespread outbreaks since the beginning of the pandemic, the continued evolution of China's public health policies will be crucial, both to mitigate public health r
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Yearender 2022: China's fall from grace amid falling GDP growth, Zero Covi
Updated : 3 years, 3 months ago IST
China had been praised worldwide for lifting up its 60 per cent of population out of poverty, however, 2022 marks Beijing's diminishing stature on the world platform amid its zero-COVID policy, human rights violations and falling GDP growth.
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"Rs 2.5 lakh crore bonanza conferred on corporate sector, still they are n
Updated : 3 years, 3 months ago IST
Chidambaram also asked about infrastructure being built by China along the LAC on its side and said if buffer zones along LAC meant that Indian forces cannot patrol to the earlier points.
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India's G20 Presidency looks to bring change amid global challenges
Updated : 3 years, 3 months ago IST
G20 is the premier forum for international economic cooperation representing around 85 per cent of the global GDP, over 75 per cent of the worldwide trade, and about two-thirds of the world population.
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'Military build-up doomed to fail', says China on Japan's new security pol
Updated : 3 years, 3 months ago IST
Japanese media said the new strategies outlined in three defence and security documents approved by Japan's cabinet on Friday are a marked departure from post-WWII norms. Most notably, they involve doubling defence spending over the next five years to 2 per cent of GDP in fiscal 2027, Japan'
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India's logistics cost to GDP will fall to single digit by 2024, says Gadk
Updated : 3 years, 3 months ago IST
India's logistics cost to GDP which is currently at 16 per cent will fall to as low as 9 per cent during the said period, Union minister of road transport and highways Gadkari said, while addressing the annual convention and 95th general meeting of industry body FICCI.
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ADB lowers growth forecast for developing Asia
Updated : 3 years, 3 months ago IST
Headwinds that are continuing to hamper recovery in developing Asia include recurrent lockdowns in China, the Russian invasion of Ukraine, and slowing global growth, ADB said in its Asian Development Outlook.
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Pakistan seeks increase in budget deficit from IMF
Updated : 3 years, 3 months ago IST
Pakistan is also considering imposing the flood Levy on those higher income brackets who are earning lofty profits in recent years and also said adjuster will be used to hike the budget deficit target envisaged at 4.9 per cent of GDP on eve of the budget for 2022-23.
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G20 presidency to showcase India's growth
Updated : 3 years, 3 months ago IST
The G20 account for two-thirds of the world's population, 85 per cent of GDP and 75 per cent of international trade. Since there are about 200 countries in the world, it shows that less than 10 per cent of the countries have this much power, according to Wedge Online.
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India's rise would depend on absolute GDP, per capita income: Uday Kotak
Updated : 3 years, 3 months ago IST
To develop world-class Indian companies, Kotak stressed the need to build scale in manufacturing based on cutting-edge product innovation and developing IP rights rather than depending on arbitrage alone to secure an advantage.
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