This year's Forum on Africa-China Cooperation, held every three years, was the first since the pandemic and China's own economic slowdown. It came amid growing geopolitical rivalry between Beijing and the West, and Xi was blunt in his assessment of the latter's influence on the continent.
According to a report by Nuvama Wealth Management, in the past two quarters, the capex to GDP ratio in India has shown signs of deceleration, while consumption to GDP is picking up, a trend reminiscent of the pre-pandemic era.
Despite the slowdown in growth in the first quarter of 2024-25, India's underlying economic conditions remain positive, asserted S&P Global Market Intelligence.
India's Manufacturing Purchasing Managers' Index (PMI) saw a slight decline in August, falling to 57.5 from 58.1 in July, according to a report HSBC India Manufacturing PMI.
The National Assembly was informed that the Pakistan Telecommunication Authority (PTA) has deployed a Web Monitoring System (WMS) for managing internet content and blocking applications and websites that violate the law. Recent internet slowdowns have been attributed to this monitoring, a
The banks in the country are facing challenges due to a slowdown in deposit growth, according to a recent report by SBI Securities, the slowdown in the deposit growth has forced the banks to rely more heavily on external market borrowings to meet their capital needs.
As the Indian government prepares to release its GDP data for the first quarter (April-June) of FY 2024-25 on Friday, the expectations are mixed amid various economic factors.
Din Tai Fung, a renowned Michelin-starred Taiwanese restaurant popular for its dumplings, is shuttering over a dozen locations in China. This move comes as the country's economy, the world's second-largest, experiences a slowdown, according to a report by Voice of America.
The household (HH) situation in India has continued to deteriorate in recent months, with real income levels persistently declining, highlighted a report by 'Systematix Institutional Equities' a brokerage firm.
A report by The New York Times has highlighted the challenges faced by people in Pakistan due to a significant internet slowdown, which digital researchers and analysts suggest is an attempt by the government to stifle dissent.
India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5 per cent in FY24, compared to a 5.7 per cent rise in FY23, according to a report by Bank of Baroda.