Page 32 - Economy

Rajapaksa looks to bring in laws, fast-track plans to attract forex

"If we fail to control our spending, there will be a foreign exchange problem in the near future," Rajapaksa said

China's Q4 GDP growth likely to hit 18-month low on weak demand, curbs

On a quarterly basis, growth is forecast to rise to 1.1% in the fourth quarter from 0.2% in July-September

Hydrogen economy hints at new global power dynamics: IRENA analysis

Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, a new analysis by IRENA said

India Inc says 'Aatmanirbhar Bharat' schemes help revive economy: Deloitte

However, only 18% respondents in Deloitte survey are MSMEs; most Aatmanirbhar Bharat measures target smaller businesses and tourism and other sectors worst hit by the pandemic

Supply side constraints dent India's auto sector December sales

The sectors' current off-take of passenger vehicles, two-and-three wheelers were far behind the 2019 sales levels

India may see more de-rating if growth expectations reduce: Saion Mukherjee

Rising interest rates will have a negative impact on equity markets, as this is being driven by inflationary pressures, higher deficit and not so much from growth, says Mukherjee

Japan govt to advance timeframe for balancing budget to FY2026: Report

Japan's government will estimate that its primary budget would be balanced in fiscal 2026, one year earlier than its previous projection made about six months ago

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.