You Searched For "export in july 2023" and got 20 results
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2 mins read
China made the deepest cut since 2020 to a key interest rate before posting a disappointing July report card
The People's Bank of China slashed its one-year medium-term lending facility rate by 15 basis point…
Nidhi Pandurangi
3 mins read
Nestle India’s net profit up 36.8% in June quarter to ₹698 crore
Nestle India posted a 36.8% growth in net profit to ₹698 crore in the June quarter as compared to ₹…
1 min read
The hits keep coming for China's economy its July report card missed expectations and it altogether omitted youth unemployment stats from the announcement
Youth unemployment had soared to a record high of 21.3% in the second quarter of 2023, per the stat…
Kai Xiang Teo
4 mins read
Indian economy projected to grow between 6-6.8% in FY24; private capex necessary for job creation: Economic Survey 2023
The pre-budget Economic Survey 2023 released on Tuesday projects India’s gross domestic product (GD…
2 mins read
A key global oil price zoomed past $90 a barrel for the first time in 2023 — and analysts say it could keep inflation high
Prices spiked because oil giants Saudi Arabia and Russia said they plan to extend the production cu…
Huileng Tan
1 min read
Russia's central bank slashes interest rates to below pre-invasion levels as oil and gas exports ease severity of its recession
The bank predicted that the Russian economy will contract between 4% and 6% this year, down from it…
Phil Rosen
4 mins read
Next year's food crisis will be different from this year's. Here's how it could change — for the worse — in 2023.
The war has disrupted sowing and other farm activities in major wheat producer Ukraine. Elsewhere, …
Huileng Tan
1 min read
The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025
The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but…
Theron Mohamed
3 mins read
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it bre…
Huileng Tan
3 mins read
Russia says it's the bigger person for not cutting Europe's natural gas supply — but that's not all there is to it
Russia supplied 40% of Europe's gas before the full-scale invasion of Ukraine. It's now down to 15%.
Huileng Tan
2 mins read
India economic momentum remains intact, set to achieve 6.5-7% growth, says Finmin Report
Tax collections, especially indirect taxes, which reflect transactions, are growing healthily, and …
PTI
2 mins read
India to triple its electronic production by 2025-26, says RBI
India's electronic produce has surged to 3% of GDP in 2023-24, highlighted the July 2024 monthly bu…
ANI
3 mins read
When a millennial moved to Detroit from SF, he bought a home and opened a coffee shop. He said that would have been impossible on the West Coast.
David Valdez, 35, moved to Detroit from San Francisco in 2018. The millennial said it's been easier…
John Towfighi
2 mins read
RBI sees a positive shift in FPI's flows in the domestic market, $9.7 bn from June till August 6
Governor Das said, "On the external financing side, foreign portfolio investors turned net buyers i…
ANI
2 mins read
Indian manufacturers see softer increases in new business, output in August: PMI
In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …
PTI
8 mins read
The Black Sea has a deadly naval mine problem that will long outlast the Ukraine war
An untold number of mines have been laid in the Black Sea during Russia's invasion of Ukraine, and …
Mia Jankowicz
9 mins read
We're losing the one thing that's keeping the peace between America and China
American businesses hoped China would be a gold mine. That dream is dying and it could make it hard…
Linette Lopez
2 mins read
Russian inflation will soar even higher as sanctions spark another surge in gas prices, British intelligence says
Inflation in Russia is "highly likely" to remain above target through the rest of 2024, the UK Defe…
Jennifer Sor
5 mins read
An incoming 'M&A supercycle' wouldn't just be a win for dealmakers
Goldman Sachs' earnings hint at the revival of the M&A market, which could help companies big and s…
Dan DeFrancesco
3 mins read
No rethinking on supporting Chinese investments in India: Goyal
"There is no rethinking at present to support Chinese investments in the country," the minist…