GDP
- Business
India posts world-beating GDP growth of 6.1% in Q4, 7.2% in FY23
New Delhi: Firing on all cylinders, India continues to maintain its streak of world-beating economic growth after GDP for the March quarter beat all expectations with a 6.1 per cent expansion that…
- Telangana
Telangana’s contribution to country’s GDP risen from 4.1% to 4.8%: Harish Rao
Hyderabad: With significant growth in agriculture and allied sectors, Telangana’s contribution to the country’s GDP has steadily risen from 4.1 percent in 2014-15 to 4.8 percent in 2022-23. During the 37th review…
- Middle East
UAE non-oil economy to grow 4.8% in 2023: World Bank
Abu Dhabi: The World Bank has projected that the real GDP of the UAE will grow by 2.8 percent in 2023, as the non-oil sector is expected to achieve strong growth of…
- Middle East
Saudi economy grew by 3.9% in Q1 of 2023
Riyadh: The Kingdom of Saudi Arabia’s economy grew by 3.9 per cent on an annual basis during the first quarter of 2023, compared to the same quarter of 2022. The non-oil activities…
- India
World Bank cuts India’s GDP growth to 6.3% for 2023-24
New Delhi: India’s GDP is expected to slide down to 6.3 per cent in 2023-24 as against its earlier estimate of 6.6 per cent, mainly due to consumption falling owing to higher…
- World
Canada’s GDP increases in January
Ottawa: Canada’s real gross domestic product (GDP) by industry increased 0.3 per cent in January, the national statistical agency said. Statistics Canada said on Tuesday that increases in the mining, quarrying, and…
- World
Finland sinks into recession
Helsinki: Despite Finland’s gross domestic product (GDP) increasing by 2 per cent year-on-year in 2022, the country’s statistical department said that the Nordic nation has entered a recession, as GDP change was…
- Middle East
Turkey records 5.6 pc GDP growth in 2022
Ankara: Turkey’s economy grew by 5.6 per cent in 2022, with domestic consumption propping up the better-than-expected performance, according to official statistics released on Tuesday. The country’s economy expanded by 3.5 per…
- World
Canada’s real GDP grew 3.8% in 2022
Ottawa: Canada’s real gross domestic product (GDP) grew 3.8 percent in 2022, the national statistical agency announced. Statistics Canada on Tuesday said that it indicated a 0.4 percent increase in real industry…
- Business
US economy expands 2.9 percent in December quarter
Washington: Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2022. In the third quarter, real GDP increased by 3.2 percent, according to…
- Middle East
Israel’s debt-to-GDP ratio sees sharpest decline in 35 yrs
Jerusalem: Israel’s public debt-to-GDP ratio dropped to 60.9 percent in 2022 from 68 percent in 2021, the Israeli Finance Ministry said. The year-on-year decrease of 7.1 percentage points is the sharpest since…