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RBI ups inflation target for FY23 to 5.7% on rising global prices amidst geo-political tensions

In its earlier policy review in February, the RBI had projected retail inflation to be at 4.5 p…

PTI   


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The Hottest Central Banker In The World Isn't Sold On NGDP Targeting

Carney even said that an economy in the U.K. economy's current position is where a nominal GDP targ…

Matthew Boesler   


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GOLDMAN: A Top Fed Official Has Endorsed Nominal GDP Targeting, And Nobody Has Even Noticed It Yet

...Fed officials appear to be contemplating an even bigger shift. This is evident from a series of …

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1 min read

'Modi govt's USD 5-trillion GDP target by 2024 looks unimaginably ambitious'

New Delhi, Jan 12 () India would need to grow at 9 per cent to achieve the target of USD 5 trillion…

PTI   


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China Just Set A 7.5% Growth Target - Here's Why That's Good News And Bad News

The bad news is that by setting a target for GDP that's so high, they're not leaving themselves any…

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2 mins read

China may cut its 2020 growth forecast amid coronavirus fallout, new report says

China initially planned for growth of about 6% this year, though economists have already tempered h…

Ben Winck   


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India might overtake Germany to become world's fourth largest economy, predicts CEBR

India is expected to overtake Germany to become fourth-largest economy in 2026 and Japan to become …

PTI   


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The Indian government expects to overshoot its fiscal deficit target by 0.1% of GDP

This was largely due to the shortfall in tax revenues, higher spending obligations and a sluggis…

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1 min read

This is what Jaitley has to say to rating agencies

IMF also cut India’s growth rate from 7.6% to 6.6% due to temporary negative consumption shock of d…

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4 mins read

Budget 2016: FM Jaitley may choose stability over growth!

In comparison, Mr. Jaitley has to deal with at least two sets of dilemma. Firstly, there is no cons…

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China's Crackdown On Corruption May Now Be Weighing On Growth

Second, an important part of the campaign was anti-extravagance. The eight point measures introduce…

Mamta Badkar   


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China ditches its annual growth target for the first time as coronavirus hammers the world's 2nd largest economy

Chinese Premiere Li Keqiang pledged to impose a controversial new national security law through "en…

Shalini Nagarajan   


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5 indicators showing the economy isn't as strong as people think, according to top economist Dave Rosenberg

"Not everything is coming up smelling like roses, as the consensus narrative and Fed commentary wou…

Aruni Soni   


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Fiscal deficit hits 132 pc of Budget Estimate till Dec

New Delhi, Jan 31 () The government's fiscal deficit touched 132.4 per cent of the full-year target…

PTI   


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Morgan Stanley expects Budget to focus on road map for 'Viksit Bharat'

Sitharaman is scheduled to present the full Budget for fiscal 2024-25 on July 23, which will be the…

PTI   


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3 mins read

Goldman cuts its GDP forecast in the wake of hurricane devastation

One way that Goldman measures how a natural disaster will affect economic growth is by assessing th…

Joe Ciolli   


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The US economy grew at the weakest pace of Trump's presidency in 2019

That brought full-year GDP growth to 2.3%, the weakest rate since President Donald Trump took offic…

Gina Heeb   


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A Complete Look At China's Latest Disappointing Data In One Chart

"The fall in 1Q13 GDP growth was mainly driven by a slowdown in consumption growth due to the new l…

Mamta Badkar   


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CHART OF THE DAY: China's GDP Numbers Look Almost Too 'Smooth' To Be True

"Monthly series like retail sales, industrial production, fixed asset investment and even the offic…

Mamta Badkar