For other EMEs, the World Bank in the report said impacts from the US, euro area, and China are at least 1.5 times larger than for India. It added India's relative resilience comes from its solid economic fundamentals, significant foreign exchange reserves, available policy space and prudent
India's October inflation dropped to 6.77 per cent, from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row.
"India's economy has been remarkably resilient to the deteriorating external environment, and strong macroeconomic fundamentals have placed it in good stead compared to other emerging market economies," said Kouame the World Bank's Country Director in India. However, he said that continue
The Treasury has established a monitoring list of "major trading partners that merit close attention to their currency practices and macroeconomic policies".
Pakistan has a large amount of debt, high inflation, a spike in unemployment and a lot of other macroeconomic problems which clearly show the multiple challenges faced by the country.
New Delhi [India], October 27 (ANI/BusinessWire India): The Coca-Cola Company today reported strong third quarter 2022 results as the company continued to build on the momentum from the first half of the year. "Our strong capabilities and consumer insights continue to help us win in the mark
Washington [US], October 12 (ANI): Union Finance Minister Nirmala Sitharaman met US Treasury Secretary Janet Yellen in Washington DC on Tuesday and discussed the global macroeconomic situation and various issues of significance with a view towards India's upcoming G20 Presidency.
New Delhi [India], October 10 (ANI/PNN): Scalability and growth; these are two of the overarching aims of leaders across industries. But for many, it remains an elusive goal. Pursuing a model of growth that is sustainable, inclusive, and profitable is alluring, but not easy. According to a M
Islamabad [Pakistan], September 21 (ANI): The unprecedented floods in Pakistan are estimated to have caused losses worth USD 18 billion and aggravated macroeconomic fundamentals despite a resumption of the IMF deal, according to Financial Post.
Islamabad [Pakistan], September 10 (ANI): Pakistan's macroeconomic vulnerabilities are not going anywhere as the country is reeling under a severe dollar liquidity crunch while the recent flash floods have aggravated.
Islamabad [Pakistan], September 10 (ANI): Pakistan is still witnessing a severe dollar liquidity crunch despite the resumption of the last month of the International Monetary Fund (IMF) programme, local media reported adding the floods in the country have aggravated the macroeconomic fundame