Govt data reveal that India's fertility rate is declining. It is now lower than replacement levels -- implying a population decrease in the years to come. Will it hurt the economy in the long run?
Power generation has also continued to move higher after Diwali
Japan's Cabinet approved on Friday a record 56 trillion yen ($490 billion) stimulus package, including cash handouts and aid to ailing businesses, to help the economy.
The 56 trillion yen ($490 billion) package, the first to be compiled by Prime Minister Fumio Kishida, will reflect the premier's focus on distributing more wealth to households.
For this the state will have to grow 13% a year for the next ten years
Japan's new stimulus package will include record spending of about $488 billion due to huge payouts to cushion the economic blow from the COVID-19 pandemic
The rupee weakened 0.9 per cent to close at 175.73 a dollar Friday, according to State Bank of Pakistan data
The government on Monday lowered its assessment of the index to "weakening" from "improving" in its first downgrade since August 2019
In the end, it's clear that the note ban decision threw up only two clear winners: politically, the BJP and commercially, the digital economy
Inflation in Pakistan is on the rise and it has triggered countrywide protests by the opposition and people
China's economic growth sank in the latest quarter a a slowdown in construction and curbs on energy use weighed on its recovery from the coronavirus pandemic. The world's second-largest economy grew by 4.9% over a year ago in the three months ending in September, down from the previous quarter's 7.9%, government data showed Monday. Factory production, retail sales and investment in construction and other fixed assets all weakened. Construction, an industry that supports millions of jobs, has slowed since regulators tightened control last year over borrowing by developers. One of the biggest, Evergrande Group, is struggling to avoid defaulting on billions of dollars owed to bondholders. That has fuelled fears about the health of other developers, though economists say the threat to global financial markets is small. Manufacturing also was hampered in September by power cuts imposed by some major provinces to avoid exceeding official efficiency goals. Private sector forecasters hav
If one looks at year-on-year growth, the recovery is V-shaped after the first quarter because of 20 per cent economic expansion
Loans for farming and allied activities continued to perform well, up 11.3% this August from 4.8% a year ago
Bahujan Samaj Party (BSP) supremo Mayawati on Sunday has slammed the Uttar Pradesh government and said the people are suffering due to increasing poverty, unemployment and inflation.
The Covid-19 pandemic could act as an inflection point to shift India's growth model from being consumption driven to investments-led.
Duty-free spending in China is largely concentrated in Hainan, where the annual limit on individual duty-free spending was hiked to 100,000 yuan last year from 30,000 yuan previously.
The uptick in the credit growth in the recent months notwithstanding the second COVID-19 wave augurs well for the economy, said an article published in the RBI's latest bulletin.
Reserve Bank will remain in surplus mode and the liquidity management framework will continue in absorption mode, he added
This is against a contraction of 7% in 2020; UN body sees India outpacing all other major economies in the next year even though the growth would be slower, at 6.7%
Google on Wednesday said it offers around 12 trillion won (US$10.25 billion) in economic benefits for South Korean consumers annually through its services