Page 35 - Economy

India needs $8 trn in greenfield assets to become $5 trn economy: Deloitte

Says country can aim to attract greater FDI into seven capital-intensive sectors that have contributed $181 billion of merchandise exports in FY21

Recovery tracker: Office visits slip; retail and recreation up a bit

Power generation & traffic point to limited activity than before

Supreme audit institutions can become partners in evaluating economy: CAG

Supreme audit institutions can become valued partners in objectively evaluating resourcesand effectiveness of public expenditure to provide insight for optimising public finance management

Go ahead and reinvent your career. you'll have plenty of options

Declines in automobile and new home sales, combined with the rise of services like Uber, led to a belief that in the future people would be less attached to buying things

Afghanistan's economic crisis deepens as airlift winds down

Hundreds of Afghans protested outside a bank in Kabul and others formed long lines at cash machines as a UN agency warned that a worsening drought could leave millions in need of humanitarian aid

Slack in economy, not the right time to change policy course: RBI Governor

Shaktikanta Das tells TV channel that capacity utilisation is nowhere near pre-pandemic levels

Weak China economic data halts winning streak for European stocks

Mining, oil stocks among top decliners

Saudi Arabia's economy returns to growth after pandemic slump

The data, which showed the economy growing 1.5% from a year ago, prompted economists to expect faster expansion in the second half of the year with the oil sector benefiting from higher output.

Kerala will not cut down on public spending, says FM Balagopal

He also warned that "we're in a time that's worse than the Great Depression, and my fear is that we may face more difficulties going forward".

The 150-year trend that could help

Commercialisation of leisure could be the solution to many economic problems

Maharashtra govt committed to keeping economic cycle moving amid Covid: CM

Maharashtra Chief Minister Uddhav Thackeray on Sunday said the state government was committed to ensuring that the economic and development cycle keeps moving despite the Covid-19 pandemic.

European economy grows 2% in second quarter, ending double-dip recession

But the economy in the 19 countries that use the euro currency still lagged pre-pandemic levels

Japan eyes fresh stimulus package as new curbs weigh on growth

Lawmakers have escalated calls for a new relief package

Second Covid wave may have more lasting damage on economy: Moody's

With regard to vaccination, Moody's Analytics, which is a financial intelligence company, said India is struggling to accelerate its pace of inoculation.

Govt's excise collections on petrol, diesel jump 88% to Rs 3.35 trn

To a separate question, the Minister of State for Finance Pankaj Chaudhary said excise collections in April-June this year totalled Rs 1.01 trillion.

Bank of England is 'addicted' to bond-buying, says Lords panel

The BoE must spell out more clearly why it is not reining in its huge stimulus in the face of rising inflation, the Economic Affairs Committee in the House of Lords, said in a report

Pak may not be able to meet needs of rapidly increasing population: Experts

Amid alarming population growth in Pakistan, experts have warned that soaring headcount poses a greater threat and country may not be able to meet the needs of its rapidly increasing population

India's data deficiency

Govt should collect and release timely economic data

Economy likely to see cyclical upturn, says DSP Investment Managers' Sambre

'This may be driven by enhanced government spending in core areas,' says Vinit Sambre, head - equities and fund manager, DSP Investment Managers

Think the global minimum tax will bite? Watch the stock market for clues

The measures announced by the Group of Seven nations represent a plan to reduce the profits of major multinational companies.