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India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters

India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…

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India's economic momentum stays strong with composite PMI at 60.7 in July 2024: Anand Rathi report

The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven con…

ANI   


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China's economy is still stuck in low gear

China's economy continues to face headwinds from a slowing real estate sector, with property invest…

Kelly Cloonan   


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S&P Global Market raised growth forecast of China, still significantly lower than India

The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…

ANI   


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Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank

The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …

PTI   


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China's Communist Party begins key meet to stem economic slowdown, following 4.7% dip in GDP

China's GDP dipped to 4.7 per cent in the second quarter, the government said on Monday, as the rul…

PTI   


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More pain for China as home sales crash for one of its largest developers and tech earnings growth falls to lowest since 2022

A leading Chinese developer saw a 57% annual drop in contracted sales last month, Bloomberg reporte…

Filip De Mott   


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India’s economic growth “very robust” as Western companies shift investment focus from China to India: UN expert

India's economic growth has been described as “very robust” by a UN expert, highlighting the countr…

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World Bank raises GDP projection, says India to keep its fastest-growing economy tag

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…

ANI   


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China slashes interest rates in a surprise move to boost its slumping economy

China cut several short- and long-term interest rates on Monday as its economy grapples with slower…

Kelly Cloonan   


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S&P retains India's FY'25 GDP growth estimate at 6.8%

"We expect growth to moderate to 6.8 per cent this fiscal year, with high interest rates and lo…

PTI   


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India is likely to benefit if Trump wins US elections, per Nomura Global Research

"We see India as a relative beneficiary, due to its domestic demand-driven growth model and benefit…

ANI   


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Lian Kit Wee   


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Global economy to grow 2.7% in 2024 as major economies avoid severe downturn: UN report

The growth rate of the world economy is expected to remain around 2.7 per cent in 2024, and 2.8 per…

ANI   


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The most immediate threat to China's economy isn't external. It's internal.

On Monday, Beijing released new data that underscores the scale of China's domestic consumption pro…

Huileng Tan   


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China released a 22,000-character plan for its economy that doesn't say very much

David Lubin, a senior research fellow of global economy and finance at Chatham House, said the plen…

Huileng Tan   


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India must create 11.5 crore jobs in next six years as millions of youngsters enter workforce: Study

With more than half of its population under the age of 35, India boasts a demographic profile brimm…

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On 8th year of its operations, Jio achieves 8% of world's mobile data traffic

Today, Jio accounts for 8 per cent of the world's total mobile data traffic, making it the largest …

ANI   


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China retains 5% growth target for 2024 as economy struggles to shake off slowdown

Grappling with economic slowdown and dwindling business sentiment, China has fixed a modest officia…

PTI   


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China's explosive export growth could make trade tensions with America even worse

China's exports beat estimates in May, showcasing the country's growing dependence on foreign buyer…

Filip De Mott