Page 65 - Economy

US inflation leaps 7% in 2021 to hit nearly 40-year high, shows data

The consumer price index climbed 7% in 2021, the largest 12-month gain since June 1982, according to Labor Department data

Wall Street rises as in-line inflation data calms nerves; Dow up 180 points

The S&P 500 was up 26.46 points, or 0.56%, at 4,739.53 and the Nasdaq Composite was up 109.59 points, or 0.72%, at 15,263.04

Japan business mood sours on higher costs, BOJ sticks to recovery view

Japanese manufacturers turned less positive about their business conditions in January, a survey showed

Crisis-hit Sri Lanka asks China to restructure the debt repayments

Sri Lankan President has asked China to restructure the crisis-hit island nation's debt repayments as part of efforts to help the South Asian country navigate its worsening financial situation

Gross fixed capital formation: Advance estimates hopeful, say analysts

Most of capex brunt being borne by Centre, say analysts

Jewellery firms may lose some of the Q3 shine after Omicron rub-off

Structural growth story, demand recovery, and market-share gains for Titan, Kalyan Jewellers may persist

The third wave in Indian aviation: A game changer for the sector globally

After soaring in its 'second wave', the sector is likely to come down to earth with saner growth, rational air fares and more professionalism

Consumption funds likely to pick up pace as economy recovers

Consumption as a theme is likely to improve once economic recovery picks up, feel market participants

Pak economy to grow at above 4% despite many challenges: PM Imran

Khan chaired a meeting of the Macro Economic Advisory Group

MF disclaimers should flow at same speed as rest of ad: Piyush Goyal

The commerce minister, who also holds the consumer affairs portfolio, added that he is willing to change the regulations if needed

Omicron-induced curbs may pull down Q4 GDP by 10-30 bps, say some experts

Many others agree on the likelihood of damage, but don't offer numbers, saying it is too early and difficult to put estimates in such a changing environment

Mutual fund industry assets surge 30% to Rs 36.17 trillion, shows data

Top players, such as Axis MF, Nippon India MF, and Kotak Mahindra MF, grew their AAUM by 32-43 per cent in a year

Singapore's economy grew by 7.2% in 2021, rebounding from 5.4% in 2020

Singapore's Ministry of Trade and Industry announced on Monday that based on advance estimates, the country's GDP grew by 7.2 per cent in 2021, rebounding from the 5.4 per cent contraction in 2020.

Housing sales up 71% to 236,530 units in 2021 in top-seven cities

The demand fell short of pre-Covid levels

2022: Indian economy sets sail with growth hopes even as headwinds remain

After navigating pandemic waves, recovering Indian economy is now sailing through rising coronavirus cases, spiralling commodity prices and spiking inflation though sustainable growth remains visible.

Foreign-owned assets in India increased by $37.3 bn during Sept qtr: RBI

The assets stood at USD 927.1 billion at September-end, up from USD 895.2 billion in June quarter

Assam: Headway likely in boundary row, big boost to connectivity expected

Decades-old inter-state boundary disputes and militancy problems are expected to make a significant headway in 2022

World Bank loans $221 mn to Vietnam for economic recovery from Covid-19

The World Bank has signed an agreement with Vietnam in the amount of $221.5 million to finance the country's recovery from the coronavirus pandemic.

Japan, Taiwan agree to bolster cooperation in field of economic security

Japan and Taiwan on Friday agreed to bolster cooperation in the field of economic security with an emphasis on supply chain resiliency for semiconductors and other crucial goods

UK economy, biz huffing and puffing in just a year of Brexit

The prime minister had hailed the signing of the trade accord as the moment when Britain took back control of its destiny