BSE Sensex dropped below 59,800 level as it declined 479 points to 59,637.06 while NSE's Nifty 50 fell 141 points to 17,750.60 in morning trade on Friday.
"The increase in private inventory investment was led by manufacturing (mainly petroleum and coal products as well as chemicals) as well as mining, utilities, and construction industries (led by utilities)," the US Department of Commerce said.
The sharp decline in the Chinese GDP growth in 2022 was blamed on a host of factors mainly China shutting itself from the outside world due to zero Covid policy. The slow pace was blamed mainly on the strictly implemented zero-Covid policy leading to periodic lockdowns and the ruling Communi
The World Bank's revision of Indian GDP growth projections from 6.4 per cent to 6.9 per cent in the current fiscal year is one among the many affirmations Indian policies and reforms have received in recent times.
China's economy grew by 2.9 per cent in the final quarter of 2022, down from 3.9 per cent in the third quarter. The GDP was 121 trillion yuan (USD18 trillion) from 114.37 trillion yuan in 2021.
Data about China's growth and the image the country is trying to portray on the international forums are contrary. On one hand, the data on employment and GDP point towards a crisis. But Chinese authorities are still trying to put up a positive image on international forums, The Singapore Po
New Delhi [India], January 23 (ANI/PNN): The real estate sector contributes roughly 7 per cent to the national GDP, and it is the largest employment generator for the country by employing more than five crore people. As MMR Real Estate's nodal agency, CREDAI-MCHI has high hopes for the upcom
New Delhi [India], January 20 (ANI/SRV): Aiqusec Retail and Wholesale announces India's most disruptive offline grocery retail project, "Growceries", with the aim to launch 100+ Kirana store like "Growceries"-branded outlets in Bangalore city. The retail stores are envisioned to be local and
The report said that gross fiscal deficit (GFD) is budgeted to decline from 4.1 per cent of gross domestic product (GDP) in 2020-21 to 3.4 per cent in 2022-23.
The survey said business leaders, who are chief experience officers (CXOs), in India are confident that Budget 2023-24 will help fuel economic growth across sectors and industries, amid a potential global slowdown and geopolitical instability.