Economy

India’s Economy 16.5 Years Behind China’s, But It’s Catching Up Fast
KEY POINTSIndia is behind China by 21 years in terms of patents and 20 years behind in FDIOn nominal GDP and per capita income, the country is 15 years...
Canada Wildfires Inflict Brutal Toll On Tourism, Other Areas Of Economy
Joanna Schlosser found refuge from advancing wildfires at a winery where she works, but is now dealing with a tourism downturn and other wide-ranging fallout on the business --...
Indian Economy Grows 7.8% In April-June, Compared To 6.1% In Last Quarter
Indian Economy Grows 7.8% In April-June, Compared To 6.1% In Last Quarter
The year-ago period, April-June quarter of 2022-23, saw a 13.1 per cent growth. (File)New Delhi: The Indian economy grew 7.8 per cent in the April-June quarter, driven by high...
Germany Bets On Tax Cuts To Boost Ailing Economy
Chancellor Olaf Scholz's government on Tuesday agreed a huge tax relief programme for companies in a bid to revive Germany's sputtering economy.The package would ease the burden on "small...
Opinion:  Are China’s Economic Crises Cyclical Or Structural?
Opinion: Are China’s Economic Crises Cyclical Or Structural?
While China is and continues to be the manufacturing platform of the world, concerns around its decelerating growth in 2023 have triggered panic waves across the globe. Given the...
“Aiming For 35 Trillion Dollar Economy In 25 Years”: Piyush Goyal At NDTV Conclave
“Aiming For 35 Trillion Dollar Economy In 25 Years”: Piyush Goyal At NDTV Conclave
New Delhi: Union minister Piyush Goyal said today that India is aiming to go "from 3.5 trillion dollar economy to 35 trillion dollar economy in 25 years" by the...
Why A Surprisingly Strong US Economy Is Pushing Up Bond Yields
The yield on the 10-year Treasury are flirting with a 15-year high this week AFP Yields on the 10-year US government bond are flirting with a 15-year high this...
UK’s Long-term Sick Pile Pressure On Economy
The proportion of the workforce unavailable for employment on health grounds is exacerbating labour shortages faced by many sectors AFP The number of people not working in the UK...
Yellen Sees ‘Resilience’ In US Economy Even As It Cools
US Treasury Secretary Janet Yellen, in prepared remarks, said she believes the US is on a path to lowering inflation while maintaining a healthy jobs market AFP US economic...
Consumers Regaining Confidence In U.S. Economy
Americans feel better about their economic prospects in 2023 than they did in 2022. Reuters KEY POINTSTwo key readings of consumer confidence say faith in the economy is recoveringConsumer...