Among the group of top 10 economies, the most positive prospects in terms of international trade are related to India and the country does not seem to be impacted by the global economic slowdown to a large extent.
Economic growth in Sub-Saharan Africa is set to decelerate from 4.1 per cent in 2021 to 3.3 per cent in 2022, as a result of a slowdown in global growth, rising inflation exacerbated by the war in Ukraine, adverse weather conditions, a tightening in global financial conditions, and the risin
In a response to ANI questionnaire, Emkay Investment Managers Fund Manager Sachin Shah said, "Indian economy is buzzing, most of the consumer discretionary sectors and industrials like real estate, building materials, autos, engineering, chemicals, etc., are witnessing high demand," and adde
In a recent interview with The Straits Times (Singapore), Ontario Teachers' Pension Plan (OTPP) president and chief executive officer Jo Taylor said that he sees India as a land of opportunity, noting that the current administration is more business-friendly.
Mumbai (Maharashtra) [India], October 23 (ANI): Noting the slowdown in the economies across the world, Union Commerce Minister Piyush Goyal on Saturday said India is showing new directions to the world to walk on the path of progress.
New Delhi [India], October 22 (ANI): Highlighting the reforms undertaken by the Centre for the development of the country, Prime Minister Narendra Modi on Saturday said that India is trying its best to save itself from the global crisis and economic slowdown.
Beijing [China], October 20 (ANI): Amid the ongoing 20th Congress of the Chinese Communist Party (CCP), China deferred the scheduled release of its third-quarter economic data sparking immediate speculation of a slowdown in its GDP growth rate.
New Delhi [India], October 11 (ANI): The International Monetary Fund (IMF) has lowered India's GDP growth forecast for the current year by 60 basis points to 6.8 per cent. However, despite the slowdown, India would maintain its position as the fastest-growing major economy in the world.
Hong Kong, October 10 (ANI): Amid a darkening economic outlook that continues to erode consumer confidence, China's holiday spending plunges to a seven-year low as zero-Covid policy discouraged people from travelling or spending.
Beijing [China], October 9 (ANI): Across much of the developing world, China finds itself in an uncomfortable position as the world's debt collector amid rising inflation and a weakening global economy.
New Delhi [India], October 5 (ANI): A survey of more than 1,300 chief executive officers (CEOs) at the world's largest businesses reveals that over the next year, 86 per cent of these global leaders anticipate a recession to hit. However, 58 per cent of these leaders expect the recession to
New Delhi [India], October 3 (ANI): Indian exchange WazirX laid off 40 per cent of its total workforce, the company said in a statement. The company said the laid-off was done to weather the bearish week for the crypto market. It said its priority was to be financially stable and to continue