Economic Growth

Fragile Five to Top Five: How India had become the fifth largest economy in 2021 itself

India’s GDP in 2021 was estimated at $3.15 trillion. This was ahead of the UK at $3.12 trillion, and France at $2.96 trillion

China's economic growth target of 5 per cent at risk due to ongoing property crisis

China has in recent weeks delivered a raft of measures to boost home buying sentiment, including easing some borrowing rules, and relaxing home purchasing curbs in some cities.

14 million jobs to vanish in next 5 years, says WEF report: Why India remains a bright spot

According to a World Economic Forum report, over a quarter of all occupations will shift over the next five years as a result of AI and digitisation. However, India's corporate sector is confident in its ability to create and maintain jobs

Not okay to hate mathematics: PM Rishi Sunak to set up review to tackle ‘anti-math mindset’ in UK

Rishi Sunak, on Monday, will be speaking to an audience of students, teachers, and business leaders where he will deliver more information about his plans to make mathematics a requirement

Key takeaways from RBI's monetary policy statement

The central bank decided to keep key benchmark policy rate at 6.5 per cent even as inflation is trending above its tolerance level

China increases military spending in face of 'escalating' threats

The increase in the world's second-largest defence budget came as China's leaders said it would aim for economic growth of around five per cent for the coming year

China sets this year's economic growth target at 'around 5%'

President Xi Jinping's new leadership team will face challenges ranging from weak global demand for exports and lingering US tariff hikes in a feud over technology and security to curbs on access to Western processor chips due to security fears

Thailand records economic slowdown as decline in exports outweigh tourism gain

A positive economic growth was seen in Thailand due to exports last year. However, growth slowed as the demand from the United States and Europe declined

IMF predicts global inflation set to drop this year amid subpar economic growth

The war in Ukraine and the rise of central bank rates to fight inflation were highlighted as factors constraining economic activity. However, the re-opening of China and the loosening of pandemic-related lockdown restrictions may help to boost global growth

Economic Survey 2023: Why is it significant and what can we expect?

The Economic Survey of India is the most detailed analysis of India’s economy carried out by the government. This year’s survey is likely to peg the GDP growth for 2023-2024 at 6 to 6.8 per cent, the slowest in three years