You Searched For "purchasing power parity" and got 17 results
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2 mins read
India likely to grow at 7.2% in FY25, says RBI deputy governor
India's rising working-age population and digital advancements are pivotal in this growth.
PTI
4 mins read
Putin has spent years championing the idea of de-dollarization — but a new reality is setting in
The Russian president said the BRICS group is trying to resolve payment issues with national curren…
Huileng Tan
3 mins read
Russia would need to spend 6% of its entire 2024 budget to pay wounded soldiers and families of dead troops, 2 researchers estimate
Thomas Lattanzio and Harry Stevens used open-source information on casualties to estimate that Russ…
Matthew Loh
3 mins read
China's true military spending in 2022 was likely worth $711 billion, or 'nearly equal' to the US military budget that year: US think tank
That's compared to a US military budget of around $742 billion that year, which was spread out acro…
Matthew Loh
4 mins read
Economic implications of Lok Sabha Election 2024 results: Would lack of a clear majority for BJP impact India’s growth story?
Less than a week ago, India reported a remarkable GDP growth rate of 8.2% for the fiscal year 2023-…
2 mins read
Russia's massive brain drain is ravaging the economy - these stunning figures show why it will soon be smaller than Indonesia's
By some estimates, 86% of those who have left Russia are under the age of 45, and 80% have a colleg…
Filip De Mott
1 min read
Pay $8 to get blue tick on Twitter: Elon Musk
Twitter boss Elon Musk has announced that users can get their accounts verified with the new Blue p…
3 mins read
Mexico has quietly become the most popular destination for Americans moving abroad. Here's why expats are happy with their financial situations after moving south of the border.
An analysis from HireAHelper finds around 16,000 Americans moved to Mexico last year, the top count…
Alcynna Lloyd,Madison Hoff
2 mins read
Crypto exchange Binance's CEO invests $500 mn in Twitter to "support" free speech
"Number one is that we want to be extremely supportive of free speech," he said. "Twitter is a…
2 mins read
Pandemic pushes back Asia Pacific's fight against extreme poverty by 2 years: ADB
Had COVID-19 not struck, Asia Pacific could have brought down extreme poverty to a level achievable…
PTI
2 mins read
Here's how much the world's wealthiest, middle class, and poorest make in a year
The new World Inequality Report found that the wealth gap between the world's poorest and richest i…
Jason Lalljee
5 mins read
Posh neighborhoods, fabulous views, and heated infinity swimming pools: luxury real estate in India is booming
Recently, the demand for luxury housing in India has been huge. When you think of luxury housing, t…
2 mins read
Asia is leading global crypto adoption among retail investors, with Vietnam, India, and Pakistan seeing the highest growth
Worldwide, global crypto adoption has risen by more than 881% in the past year for various reasons,…
Isabelle Lee
4 mins read
Asia is more important to the US than Europe, and US leaders need to start acting like it
Opinion: US leaders should not fixate on punishing Russia in Europe at the expense of prudent forei…
Sascha Glaeser, Defense Prior…
4 mins read
Jio vs Airtel: Which one will offer faster and more reliable 5G services?
Reliance Jio and Airtel are both gearing up to launch 5G services, after the 5G spectrum auctions c…
5 mins read
Purchase power is a measure of what your money can buy - here's how it can impact your finances
Purchase power measures how much a unit of currency can buy. Inflation impacts purchasing power, bu…
Louis DeNicola
1 min read
India becomes 5th largest economy, overtakes UK, France: Report
The report further said that in purchasing power parity (PPP) terms, India's GDP (PPP) is USD 10.5…