Bank of England's monetary policy committee hiked key interest rates by 25 basis points (100 basis points is equal to one percentage point) to 4.5 per cent, the highest in over a decade or so.
What makes India more desirable is not just the size of its population but the size of its young population. Only 7 per cent of the nation is aged 65 or above, compared to China's 14 per cent and 18 per cent in the US. The International Monetary Fund forecasts that India's real GDP growth wi
Centre, in its additional affidavit, stated It is also apposite to note that the single parent needs a donor for oocytes and sperm from a third party which may lead to legal complications and custody issues at a later stage. Further, the live-in partners are not bound by law and the safety o
According to the sources, Pakistan has been asked to present a repayment plan for a USD 3.7 billion loan to the IMF in June as well as needs to demonstrate stronger support from friendly nations in order to meet the commitment.
An International Monetary Fund (IMF) team conducted a staff visit to Bangladesh's capital city Dhaka from April 25 to May 7, 2023, to discuss recent macroeconomic developments and implementation of its program.
Demand for precious metal gold is expected to be muted in 2023 even as the economic momentum remains healthy and the RBI repo rate hike cycle has paused after a prolonged monetary policy tightening, according to World Gold Council.
"Growth in the next year will likely pick up as investment kickstarts the virtuous circle of job creation, income, productivity, demand, and exports supported by favourable demographics in the medium term," said Rumki Majumdar, Economist, Deloitte India.
In light of the ongoing high inflation pressures, the Governing Council of the European Central Bank (ECB) decided to raise the key interest rates by 25 basis points (100 basis points makes 1 percentage points).
India's manufacturing industry is taking giant strides; the IT services are dubbed the best in the world; the country is fast emerging as one of the most attractive investment destinations on the planet, and her thriving service sector is witnessing unprecedented demand.
Strength in Indian stock indices continued from the past few sessions which opened in the green on Thursday, but was limited as US Fed in its fight against inflation raised interest rates by another 25 basis points.