Page 4 - Global Economy

Oil gains 2% on optimism over world economy despite US crude build

If inflation comes in below expectations, that would drive the dollar lower, analysts said, which could boost oil demand because it makes the commodity cheaper for buyers holding other currencies

Indian economy to grow at a robust 6.6% in FY24, says World Bank

'Limited spillovers' to Asia's third-largest economy, even as world 'perilously close' to recession

Global economy may be entering a difficult era and economists are worried

The warnings of longer-term trouble come as investors are growing somewhat more hopeful of the Federal Reserve's ability to rein in sky-high inflation without causing a recession

Ukraine under largest economic slump post-independence, war 'accountable'

In the ongoing conflict between Ukraine and Russia which has resulted in widespread devastation of life and property, Ukraine has suffered its sharpest economic decline in over 30 years in 2022

Oil dives 3.5%, trade choppy on worries about China, global economy

By Arathy SomasekharOil prices tumbled 3.5% in volatile trade on Tuesday, pressured by weak demand data from China, a gloomy economic outlook and a stronger U.S. dollar

Searching for growth

Integration with global economy must increase

Year 2023: The beginning of the 'new normal' for the global economy

The year 2022 would also be known as one that made the transition from very low to high inflation

Oil dips after IMF says slowing global growth engines portend tougher 2023

Oil prices slid from their highest levels in a month on a stronger dollar and after the head of the International Monetary Fund warned of a tougher 2023

LIVE: Amit Shah to visit 11 states in Jan for BJP Lok Sabha Prawas exercise

Catch all the live updates from around the world here

Indian economy likely to navigate rough global weather in 2023: Assocham

India's economy is expected to navigate rough global weather in 2023 due to resilient consumer demand, better corporate performance and abating of inflation, even as the year is likely to be full of challenges and opportunities, Assocham said on Monday. "While the global outlook seems rather tough, the Indian economy is set to stay on steady ground, helped by strong domestic demand, a healthy financial sector and improved corporate balance sheets. Early signs of brighter prospects of Rabi crops point towards a robust performance of agriculture, leaving an improved second round effect for several connected industries like FMCG, tractors, two-wheelers, speciality chemicals and fertilisers," Assocham Secretary General Deepak Sood stated. While there is an overwhelming consumer response to contact services like travel, hotels and transport, a positive domino effect is visible in transport, housing, power, electronics, discretionary consumer goods and automobiles, he added. "Our domestic

In world economy this week: From China's Covid numbers to US job data

The govt's official PMI on Saturday showed that China's abrupt reversal of its Covid Zero policy pushed economic activity - its service sector in particular - to the slowest pace since February 2022

Global economy faces tougher year in 2023: IMF's Kristalina Georgieva

"Why? Because the three big economies - the US, EU and China - are all slowing down simultaneously," she said

Best of BS Opinion: Market sentiment, economic stress tests, and more

Here is the best of Business Standard's opinion pieces for today

Market sentiment

Corporate India is expected to do well

Global economy faces tougher year in 2023, IMF chief Georgieva warns

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the US, Europe and China - all experience weakening activity, the head of the IMF said

Coordinated actions needed to deal with global challenges

The United States and its allies are committed to supporting Ukraine, despite serious hardships, especially in Europe

Gold may touch new high of Rs 62,000 this year on back of dollar weakness

Brokerages expect upside on hedging demand amid global slowdown risk

India may emerge as China's alternative for telecom solutions, say experts

5G is expected to account up to 2 per cent of India's Gross Domestic Product (GDP) by 2030

Slowdown year

Global and domestic factors will affect output

Investors must have moderate return expectations in 2023: Nippon India exec

Earnings could be challenging as global economic growth is weakening, says Sailesh Raj Bhan