GDP
- World
SL’s GDP allocation for education among lowest in South Asia: UNICEF
Colombo: Battered by the worst-ever economic crisis in its post-independence history, Sri Lanka’s allocation of its GDP on education has become one of the lowest in the South Asian region. Releasing the…
- India
RBI retains repo rate at 6.5 percent
Chennai: As predicted by economists, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) did not change the repo rate from 6.50 percent. Announcing the decision of the MPC…
- Telangana
Telangana’s contribution to India’s GDP up by 72% in 6 years: Centre
Hyderabad: Minister of state for finance Pankaj Chaudhary informed Rajya Sabha that Telangana’s per capita contribution to the country’s Gross Domestic Product (GDP) increased by over 72% in six years. However, the…
- 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…
- Business
Apple tops list of top 10 most valuable companies in the world
With a market capitalisation of USD 3.039 trillion, Apple continues to be one of the top companies in the world. In the list of the top 10 companies by market capitalization, eight…
- World
Russia’s external debt-to-GDP ratio falls to historic low
Moscow: Russian’s external debt-to-GDP ratio plummeted to a historic low of 15 per cent by the end of the first quarter, local media said on Friday. Data from Russia’s Central Bank reveal…
- 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…
- Middle East
UAE one of fastest-growing economies in 2022: CBUAE
Abu Dhabi: The UAE’s real GDP growth accelerated during 2022 due to a robust recovery in non-oil GDP and a sizable expansion of oil GDP, according to the Financial Stability Report for…
- Business
‘Magnificent 7’ stocks account for half of US GDP
New Delhi: Seven stocks, making up close to $11tn in market capitalisation today, contributed 73 per cent of returns of the S&P 500 in the first half of 2023, a crescendo to…
- Bangalore
Our priority is to develop rationality from primary level in students: Karnataka CM
Bengaluru: Karnataka Chief Minister Siddaramaiah on Saturday said that the government will work towards developing consciousness and rationality among the students. He said that if the teachers are not secular and rational,…
- Business
AI developer productivity can boost global GDP by $1.5 trillion by 2030
Bengaluru: Artificial intelligence (AI) developer productivity benefits could boost global GDP by over $1.5 trillion by 2030, a report showed on Wednesday. According to Microsoft-owned software development collaboration platform GitHub, users accept…
- Middle East
Saudi economy grew by 3.8% in Q1 of 2023
Riyadh: The Kingdom of Saudi Arabia’s economy grew by 3.8 per cent during the first quarter of 2023, compared to the same quarter of 2022. The growth of non-oil activities by 5.4…
- Pakistan
Pakistan’s defence budget increased by 16%
Islamabad: The Pakistan government has proposed a roughly 16 per cent increase in the defence budget as the country continues to face internal and external security challenges, the media reported. Interestingly, all…
- Business
7.2 per cent GDP growth historic despite global situation: Goyal
New Delhi: Commerce and Industry Minister Piyush Goyal on Thursday said a 7.2 per cent growth in GDP in 2022-23 is historic, given the current global economic situation, and going forward India…
- India
Jan-March GDP accelerates to 6.1 percent, here’s what experts have to say
New Delhi: According to data released by the National Statistical Office (NSO) on Wednesday, India’s economy grew 6.1 percent in January-March (Q4) 2023. The GDP growth of the country was 4.4 percent…
