Page 31 - Economic Growth

Global economy in grips of serious slowdown, inflation surge to endure

The global economy is in the grips of a serious slowdown, with some key economies at high risk of recession and only sparse meaningful cooling in inflation over the next year

India's bioeconomy likely to touch $300 billion by 2030, says report

India's bioeconomy is likely to touch $150 billion by 2025 and over $300 billion by 2030, a report said

China likely to report grim economic performance in second quarter

China's coronavirus lockdowns in major cities has affected trade and daily life causing the country to report a grim performance in the second quarter and increasing concerns of a global recession.China's economy may have contracted in the three months ending in June, The Washington Post newspaper reported citing experts, adding that it is likely that Beijing will report modest growth.Mercator Institute for China Studies' chief economist Max Zenglein said, "The government will not acknowledge a contraction.""The further growth is from zero, the less credible the official figure will be," Zenglein added.China's grim performance in the second quarter will be a setback for the country.Several countries including the United States reopened and lifted their restrictions in their rebound from the pandemic.However, China doubled down their "zero covid" policy stating that too many will die if the restrictions were lifted and the country was reopened.The approach eventually became ...

Top headlines: 5G spectrum auction, economic growth projection, and more

From 5G spectrum auction to tax irregularities, here are the top headlines on Thursday morning

India to overtake China as world's most populated country in 2023: UN

Economic impact: People's productivity will have to increase to support larger numbers, say experts

Real growth not possible without inclusiveness, says PM Narendra Modi

Speaking on social issues, PM said child stunting remained a major concern and India needed to address this on priority

Govt bond yields slide 5 bps over weekend, in tandem with US benchmark

Signs of weakening economic growth worldwide raising questions over the degree of policy tightening by central banks

RBI should intervene less, let rupee depreciate gradually: D Subbarao

In a Q&A, the former RBI Governor says the situation is very different from the Taper Tantrum and that the rupee has actually risen against some other hard currencies

CRISIL cuts FY23 GDP growth estimate to 7.3% from 7.8% on high inflation

Domestic rating agency CRISIL lowered its real GDP growth forecast for India to 7.3 per cent in FY23 from 7.8 per cent estimated earlier.

As rising CAD starts pinching, the Centre starts scrutinising imports

As the trade deficit in May hit a record high of $24.3 billion, revenue authorities have now become vigilant, according to a report

Benchmark indices extend winning streak as commodity prices moderate

Buying in IT stocks - spurred by a global trend - accounted for the bulk of the gains in the benchmark indices

India faces near-term challenges; better placed to deal with them: FinMin

India's medium-term growth prospects remain bright as pent-up capacity expansion in the private sector is expected to drive capital formation, employment generation in rest of this decade, says report

Difference between developed, emerging and frontier economies?

Investors looking for an international exposure need to understand various categories of economies and the risks involved. Find out the country categories and the things to note before investing there

Stories during stagflation: How India fares on 'modified' misery index?

Misery is the highest in countries known for economic mismanagement: Turkey, Argentina, South Africa. Next come Russia, Brazil, Pakistan and Egypt. And then India, notes T N Ninan

What is stagflation?

Global asset management firm Bernstein has said that markets should brace for tough days ahead, as India was staring at stagflation. It is marked by high inflation and stagnant economic growth

India Inc's profits rise 28% in March qtr, banks contribute the most

If one considers net profit after excluding financials, then growth falls to 19.1 per cent, lower than the 21.3 per cent in December

India's GDP grows 4.1% in Q4; expands 8.7% in FY22: Govt data

Manufacturing sector contracts in March quarter due to supply disruptions

India Q4 GDP: Omicron curbs may have slowed down growth before Ukraine war

In the January-March quarter, the economy likely expanded 3.9%, according to the survey, a performance that will mark the low point of the year

For India, economic entropy presents both an opportunity and big challenge

Entropy, or the disorder in a system, is a concept not usually used to understand economic trends, but it best describes the disorder and randomness at work today, writes T N Ninan

State-run banks post 81% rise in Q4 profit; NII up 18.5% to Rs 70,825 cr

Enhance capital adequacy and provisions for bad loans