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Fitch's negative outlook for China is more bad news for its stalling economy

Beijing is battling deflation and an ongoing property-market crisis that the ratings agency says is…

George Glover   


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1 min read

The IMF raises its economic outlook for both Russia and Ukraine, even as the war between them rages on

Both countries are expected to post similar annual growth figures to the US in 2023, the IMF said T…

George Glover   


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Asia to contribute 60 pc of global growth in 2024: IMF official

Asia remains the engine of economic growth and it is on track to deliver 60 per cent of global grow…

ANI   


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India's exports rise in 115 nations out of 238 destinations in 2023-24: Govt data

India's exports have increased to as many as 115 countries out of the total 238 destinations during…

PTI   


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Inflation in India expected to come down to 5 pc in 2023 and 4 pc in 2024: IMF

Inflation in India is expected to come down from 6.8 percent in the current fiscal year ending Marc…

PTI   


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Indian economy retains its crown as a bright spot: IMF report

India's economy has retained the crown of "a bright spot" in the International Monetary Fund's late…

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Domestic demand to keep India's growth above other G20 emerging markets: Moody's

Moody's Investors Service expects India's economic growth in 2024-25 growth above that of other eme…

ANI   


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The world's biggest steelmaker warns of a looming industry crisis that will outpace 2008's downturn

Baowu, the largest steelmaker, has warned that a "harsh winter" was coming for the industry that co…

Filip De Mott   


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India's gold demand dips 5% to 149.7 tonnes in June quarter on high prices: WGC

However, in value terms, gold demand increased 17 per cent during the second quarter at Rs 93,8…

PTI   


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Recession 'will be hard to avoid' across most of the world, World Bank says

The World Bank lowered its 2022 growth forecast on Tuesday to 2.9%, down from the 4.1% estimate mad…

Ben Winck   


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India is a bright light economy, but key structural reforms needed for $10 trillion GDP: IMF chief economist

India has emerged as "a bright light" at a time when the world is facing imminent prospects of a re…

PTI   


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The world could see a 1970s-style oil shock amid deepening conflict in the Middle East, 'Dr. Doom' Nouriel Roubini says

An oil price shock has the potential to spark a recession or a 1970s-style stagflationary crisis, R…

Jennifer Sor   


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IMF downgrades 2023 global growth forecast to 2.7%

The International Monetary Fund (IMF) has projected the global economy to grow by 3.2 per cent in 2…

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Pharma stock gain on Q3 earnings outlook and defensive play

In a volatile stock market, few sectors offer as much comfort as pharmaceuticals. The defensive sec…

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China's chances of staging an economic rebound this year look slim

Experts see a narrow path for Beijing to pull off a rebound as policy remains uncertain and the rea…

Phil Rosen   


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Citigroup's CEO says she is certain that war in Ukraine and the energy crisis will plunge Europe into a recession

War in Ukraine and the energy crisis have left Europe highly vulnerable to economic downturn, Jane …

George Glover   


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India is the surprise winner amid China's economic chaos and investor exodus

China's raft of financial and economic troubles appears to have spooked investors and businesses in…

George Glover   


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Russia's invasion is already hobbling the global economic recovery from the pandemic, World Bank says

The World Bank slashed its forecast for global growth in 2022 to 3.2% on Monday, forecasting a rebo…

Ben Winck   


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Latest 5000-point milestone for Sensex took 107 sessions or 5.3 months

Post crossing 67000 points in July '23, it took nearly 93 sessions or 4.6 months for Sensex to cros…

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Consumers in retail verticals may front load their purchases in niche areas due to rate hikes: SBI Research

Personal loans segment continued to perform well, registering an acceleration in growth to 14.7 per…