Europe's largest economy's output dropped 0.3 per cent in the first three months of the year, following a 0.5 per cent contraction at the end of 2022, official data showed on Thursday.
The UK economy is expected to avoid a recession and maintain positive growth in 2023, said International Monetary Fund (IMF), attributing it to demand recovery due to declining energy prices.
China's imports contracted sharply in April by 7.9 per cent, while exports grew slower at 8.5 per cent compared to 14.8 per cent in March. Consumer prices rose at the slowest pace in more than two years in April, while factory gate deflation, prices offered by China's industrial wholesalers,
Kanpur (Uttar Pradesh) [India], May 8 (ANI/PRNewswire): India's economy is growing rapidly and significantly, with a focus on self-sufficiency and investment in manufacturing and service industries. The country is a global hub for material and service sourcing, with a growing number of start
"The meeting of the House of Representatives and the National Assembly has been called to be held at 4 pm on May 7, 2023," a release from the Office of the President states. Earlier, the Parliament session ended on April 28.
According to Jahnavi Prabhakar who authored the report, a lot is at stake for Federal Reserve now, as it considers the next rate action given the stubbornly high inflation, elevated wage growth, credit crunch scenario and uncertainty in global growth.
China's gross domestic product for the January-March period of 2023 grew 4.5 per cent year on year in real terms, exceeding market expectations. That is up from 2.9 per cent in the October-December period of 2022 when the economy sputtered because of zero-COVID. The economy is now back on a
New Delhi [India], April 26 (ANI/PNN): Our world has seen sweeping tides of volatility since 2020. From the advent of a worldwide pandemic to geopolitical-based warfare which derailed the economy of many countries worldwide and caused chaos and unrest. A consequence of the aforementioned unr
Bangalore (Karnataka) [India], April 21 (ANI/PRNewswire): A recent study on precious metals by Windmill Capital, a wholly-owned subsidiary of smallcase Technologies Pvt Ltd, highlights that Gold has been in focus during FY23 due to the uncertainty in the global financial markets. The equity
Prime Minister Narendra Modi on Thursday asserted that the government is committed to providing the right opportunities for the talent and energy of the youth to achieve the resolutions of a developed India.
Pointing to India having zero risk of recession compared to some major Western countries and to its growth projections, Zerodha founder Nikhil Kamath has said that Indians who have graduated from well-known colleges in the United States and are considering starting a venture, all indicati