Report which has been released Thursday exhibited that global economic growth landscape continues to see gradual resurgence. This is being supported by fading of recession fears along with rebounding of growth in major economies. There are 3 factors which are behind India’s economic growth as per Finance Ministry. These include resilient growth, price stability, along with

As per recent media agencies, Pakistan makes formal request to IMF for a next bailout package of between US$6 billion – US$8 billion and are seeking possibility of augmentation via climate financing. The country has also requested to dispatch IMF review mission next month to shore up the details of next bailout package for time horizon

Global economy continues to face subdued growth and popular discontent even it has avoided much-feared recession, as per the IMF’s MD Kristalina Georgieva. While investors and experts continue to read top news for the week, they should know that global activity remains weak in comparison to historical standards.  IMF believes that inflation has not been

Factory activity in a range of Asia economies saw some weakness in March even though there was a rebound in China’s lacklustre domestic demand. Outlook for Asian economies worsened if we take clues from the Asia’s factory activity data. Reuters reported that there was some weakness in factory activity in several Asian economies in March. That

Chinese stock market crisis and a downturn in China will be beneficial for India as the country’s long-term growth story remains intact. Experts believe that recent uptick in Chinese stock market will not suffice losses which have been incurred over previous year.  China’s Shanghai Shenzhen CSI 300 index saw a fall of more than 12%

Current bull rally of Indian market added another medal to its basket on Tuesday. With the combined market cap of ~$4.3 trillion, the India replaced Hong Kong ($4.29 trillion) to be counted as 4th most valued country in the world. This data was till 22nd Jan 2024. While Indian equity markets and Hong Kong markets

India’s India $35 Trillion Economy target is being supported by strong economic performance, which has exhibited promising signs of such potential, with healthy 8.4% growth rate in final and concluding quarter of 2023. With this, the country was able to see quickest growth pace seen in previous one-and-a-half years, resulting to overall fiscal estimate of

With the range of events happening worldwide, one of the most talked-about events appear to be Red Sea crisis and how will Red Sea crisis impact Indian economy? While several analysts and experts have their own opinions and views, we believe our readers should know the Indian government’s views regarding this. After all, what more

According to NSO, India’s GDP growth for FY24 under the second advance estimates is 7.6% higher than 7.0% (revision from last year), with nominal growth being 9.1%. A major boost has come from net taxes which pushes up India’s GDP growth to this level in FY24. GVA growth was 6.9%. Sectors Contribution in India’s GDP

Deputy Treasury Secretary Wally Adeyemo told Reuters that secondary sanctions against financial institutions that help Russia bypass its own restrictions are effective. The Treasury cites data showing significant declines in financial flows between Russia and Kazakhstan, Turkey, and the United Arab Emirates. As a result of an executive order signed last December, the US has