Tag: GDP
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China’s Q1 GDP Growth: A Mixed Bag of Results
China’s Q1 GDP growth showed a faster-than-expected expansion. This news comes as a relief for officials grappling with a sluggish property sector and rising local government debt. Despite this positive headline, other economic indicators for March paint a different picture, revealing continued weakness in domestic demand. Solid Growth, But Challenges Remain – China’s Q1 GDP ... -
Financial Reforms to Align India’s Services Sector with Global Trends
The economic services quarter is a crucial spine of the Indian economy, contributing immensely to GDP and imparting employment. However, the arena has lagged behind international monetary hubs in terms of policies, investor protections, and innovation. The government has recently brought about reforms with the intention of conveying the Indian monetary system with international traits. ... -
India Became A $4 Trillion Economy Today, GDP To Grow At 6-7% Rate
Today marks a significant moment for India, as our country’s Gross Domestic Product (GDP) has crossed the $4 trillion mark for the first time. This is a big achievement, showing how strong and powerful India’s economy has become on the global stage. This milestone didn’t come easy. It’s the result of our continuous hard work ... -
India’s GDP to contract by 9.6% this fiscal, predicts World Bank
On Thursday the World Bank said that it is expected of India’s GDP to contract by 9.6% this fiscal. The drop is said to be a showcase of nationwide lockdown and income shrinkage experienced in India due to Covi-19. This puts India’s economic condition the worst ever experienced. South Asia Economic Focus report was released ... -
COVID-19: India Inc assists government in reviving economy
It has been more than a month since the businesses and industrial activities were stopped in the wake of the nationwide lockdown. Amid the fight against the Coronavirus pandemic, India can witness a phase of economic downturn that it has not seen in decades. Taking cognizance of the situation, the Modi government has been seeking ... -
India becomes world’s 5th largest economy, overtakes UK, France
A US-based think tank World Population Review in its report said India’s economy is the fifth largest in the world with a GDP of USD 2.94 trillion and that it is developing into an open-market economy from its previous autarkic policies. India emerged as the world’s fifth largest economy by overtaking the UK and France ...
