Tokyo : Record performances posted by Japan, the world’s third largest economy, has grabbed the attention of the world. Since the start of 2016, Japan’s economic growth rate has been on the rise, a feat achieved for the first time in more than a decade. With a growth rate of 4 percent, Japan has outperformed […]
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‘With China’s economic slowdown, the global economy feels afresh, the need of a pivot and India could play this very role, that of the fulcrum of the global economy’, said the Finance Minister Arun Jaitley expressing his confidence. Addressing investors during his visit to Japan, Jaitley claimed that India’s economic development program would pick up […]
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New Delhi: India’s economy is doing well compared to other countries, despite the shocks of huge upheavals at the international level. This is because the country’s economy is built on not one but many foundations. This has created the ability of India’s economy to withstand international shocks, said Ashima Goyal, member of the Monetary Policy […]
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Brussels/Washington: The US economy slide in the second successive quarter was announced on Thursday. It was notified within 24 hours that inflation had flared up even in the Eurozone. Germany, the leading European economy, has reported a zero economic growth rate for the second quarter. These successive statistics indicate that recession is looming over the […]
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New Delhi: Reserve Bank of India (RBI) exuded confidence, ‘Comprehensive vaccination campaign, the capacity shown by the economic sector and the significant increase in exports have put the Indian economy in a very sound condition. Therefore, the economy will face the global challenges competently.’ Even the developed countries face challenges in countering the crisis developing […]
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Washington/London/Tokyo: – The claims about possible recession in the global economy, the energy crisis and rising inflation have triggered unease among investors. The unrest had erupted in global stock markets, causing them to decline for two consecutive days- on Monday and Tuesday. This fall has affected the price of crude oil as well as gold. […]
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New Delhi: – K Sivan, the Chief of Indian Space Research Organisation (ISRO), welcomed the decision to open up the Indian space sector to the private sector. This decision will provide an impetus to the progress of the Indian space sector. Saying that now, the private companies will be allowed to build rockets and satellites, ISRO Chief […]
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Tokyo/London – After the start of the Russia-Ukraine war, the economies of the ‘G7’ group, which have been warning of weakening the Russian economy by imposing sanctions on the country, are weakening. A few days ago, it became evident that Europe’s top economy, Germany, has slipped into recession. Now, both Japan and the UK have […]
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Beijing – The ruling communist government of China has informed the leading banks of the country to reduce the interest rate. Reduce the interest rate from half to one per cent, it has been said in this information, a Western newspaper has said in its news. For the second time in the last year, the […]
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New Delhi: India will have the highest growth rate among the big countries. This development will increase investment and create tremendous employment opportunities in India. World Economic Forum President Borge Brende believes this will make India’s economy grow and witness a snowball effect. At the same time, President Brende has also claimed that even if […]
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