Economy
- World
US economy grew more slowly in 2nd quarter than previously estimated
Washington: The US economy grew more slowly in the second quarter than previously estimated — a good sign for the Federal Reserve, which is attempting to cool demand to bring down price…
- Business
LPG price cut to have financial implication of Rs 7,680 cr in current fiscal
New Delhi: As the government on Tuesday announced Rs 200 cut in the price of cooking gas cylinders for all subscribers, the financial implication of the decision will come to around Rs…
- World
Thailand’s employment growth slows despite tourism recovery
Bangkok: Thailand’s employment growth slowed in the second quarter of this year as droughts affected farming despite improvements in the vital tourism sector with an inflow of foreign visitors, official data showed…
- Technology
Indian electronics sector to tap $7 bn untapped revenue via circular economy by 2035
New Delhi: India’s electronics sector is set to harness $7 billion untapped revenue by 2035 via circular business model and policy pathways, industry stakeholders said here on Monday. Current commitments and targets…
- India
Economy gathering momentum in Q2, inflation remains concern: RBI
Mumbai: Indian economy is gathering momentum in the second quarter, though inflation would continue to average above the central bank’s comfort zone of 6 per cent, said an article in the RBI’s…
- Business
Global smartphone shipments to hit decade low in 2023, Apple near top spot
New Delhi: 2023 is on track to become the worst year for global smartphone shipments in a decade, with a 6 per cent decline to reach 1.15 billion units, a report showed…
- World
China stops releasing youth unemployment figures as economy falters
New Delhi: China has stopped releasing youth unemployment figures, which were seen by some as a key indication of the country’s slowdown. The decision is due to changes in the world’s second…
- World
22% consumers bought fake influencer-endorsed goods: Study
New Delhi: About 22 per cent of consumers aged 16-60, who are active on social media, have purchased counterfeit goods endorsed by influencers, a new study said on Thursday. In the study,…
- Business
US consumer prices accelerate for the first time in 13 months
Washignton: For the first time in more than 12 months, the pace of US consumer price hikes accelerated on an annual basis, a media report said. The Consumer Price Index rose 3.2…
- India
Weak economy leaves more unemployed in Germany
Berlin: Germany’s weak economic performance has “left its mark” on the country’s labour market as the number of unemployed people increased by 62,000 month-on-month to almost 2.62 million in July, the Federal…
- Middle East
Saudi Arabia’s economy grew by 1.1% in Q2 of 2023
Riyadh: The Kingdom of Saudi Arabia’s gross domestic product (GDP) grew by 1.1% as compared to the previous year during the second quarter of 2023. The GDP estimate showed an increase in non-oil…
- World
Europe’s economy is growing again
London: The euro area economy is growing again, but may struggle to maintain the momentum for the rest of the year, CNN reported. Gross domestic product across the 20 countries that share…
- Opinions
Education is key to human dignity and economic development
By Dr. Mohammad Manzoor Alam I have always believed that education is the key to economic growth and human development. Good quality education is a necessary precondition for advances in social sciences…
- India
India needs 7.6 pc annual growth for 25 years to become developed economy: RBI
New Delhi: India’s real GDP needs to grow at the rate of 7.6 per cent annually over the next 25 years to become a developed economy, Reserve Bank of India’s (RBI) bulletin…
- India
Goldman Sachs predicts India will become world’s second largest economy by 2075
Banking giant Goldman Sachs has made bold predictions about the future of the global economy and predicted that India will become the second-largest economy in the world by surpassing the United States…
