Search result for economic growth
Morgan Stanley predicts that Asia will expand faster than either the United States or Europe in 2018.
Morgan Stanley predicts that this year, Asia's economic growth, driven by robust domestic demand, will outstrip that of the United States and Europe.
"The big argument that we've been making... for Asia, including Japan, to outperform versus U.S. and Europe — is the f...
Prospects for Japan's Chemical Industry
Today, Japan's chemical sector contributes to the country's economic growth by supplying fertilisers, synthetic fibres, and other chemical products, as well as creating and producing new materials required for the development of the automobile, housing, power, and electronics industries. ...
According to a survey by EY and the Confederation of Indian Industry (CII), reform and economic growth will increase foreign direct investment potential to $475 billion in five years.
A CII-EY poll found that a majority of the MNCs already operating in India view the country as a potential replacement for their China+1 strategy, with confidence fuelled by both near- and long-term opportunities.
Seventy-one percent of multinational corporations (MNCs) viewed India as ...
The European Union Has Cut Forecast for Economic Growth
The European Union has cut its forecast for economic growth in the bloc during the prospect of an elongated Russian war on Ukraine and amid the disruptions to energy supplies.
On Monday, the bloc’s executive revealed its first economic predictions since the Russian invasion of Ukr...
INDIAN FINANCE MINISTRY SHOWS CONFIDENCE IN PREPARATION AGAINST SECOND COVID-19 WAVE
HIGHLIGHTS
- The report from Finance Ministry says that India is well prepared to combat the second wave of COVID-19.
- The ministry believes that the AtmaNirbharBharat Mission can overcome the second wave of COVID-19.
The report from Fi...
CHINA AIMS 6% ECONOMIC GROWTH IN 2021; TIGHTENS CONTROL OVER HONG KONG
Highlights –
- China aims 6% economic growth in 2021; tightens control over Hong Kong.
- China vows to make itself self-reliant in technology.
- The ruling Communist Party aims at becoming a global competitor in telecoms, electric cars, and...
INDIA MAY SPEND 1.4 TRILLION DOLLARS MORE ON CLEAN ENERGY SHIFT
HIGHLIGHTS
- To adopt clean energy technologies with target time and be on a sustainable trajectory over the next 20 years, India may have to spend $ 1.4 trillion more than planned.
- The International Energy Agency has published a report titled ‘In...
GOLDMAN SACHS: INDIA’S ECONOMY MAY CONTRACT BY 45% IN THE JUNE QUARTER
Highlights
- A 5% fall in GDP is projected for 2020-21
- It will be deeper compared to all recessions India has ever experienced.
Goldman Sachs on Sunday said in the June quarter, India’s eco...
INDIA'S GDP WILL REDUCE BY AROUND 0.5 % DUE TO THE CORONAVIRUS OUTBREAK: SURVEY
Highlights
- Over 150 participants were covered by the survey
- The survey included industry stakeholders like investors, analysts, economists, etc.
According to the survey conducted by Care Rating, the gross domestic product of India wi...
GOLDMAN SACHS DOWNGRADES ITS OUTLOOK FOR US ECONOMIC GROWTH
Highlights
- The first-quarter GDP growth forecast was lowered to zero from 0.7%
- In the second quarter, a 5% contraction will be observed
On Sunday, for the first two quarters of 2020, Goldman Sachs downgrades its outlook for the econo...
INDIA FACES A SHARP DECLINE IN GOVERNMENT REVENUES
Highlights
- It is because the coronavirus hits economic activity
- A fall in investor sentiment impacts privatization plans
Government and industry sources state that India faces a sharp decline in government revenues and economic growt...
G7 PROMISES TO SUPPORT ECONOMIC GROWTH BUT DOES NOT SAY HOW
Highlights:
- G7 leaves out specifics on its promise to aid economic growth
- Experts unsure about what G7 can do for growth
With last week’s stock market crash, the G7 Finance ministers and the central bank governors have come together to announce...
US EQUITY MARKET HAS SEEN A FALL
Highlights:
- The US equity market on Monday ended the trading day with a fall.
- International Monetary Fund (IMF) has lowered its global economic growth forecast for the US economy to 3.3% from 3.4% for 2020.
- The equity markets are also affec...
The China growth rate at 5% for 2020: World Bank
According to the World Bank, China’s growth is forecast to decelerate to 5.9 percent this year.
While the latest Global Economic Prospects report suggests that in 2020 the global growth will accelerate slightly. Amid major risks to their warm forecast, the outlook for the world ec...
Indian economy suffered huge losses over Internet shutdown across the country
Several states in India witnessed internet shutdown last year. Though these shutdowns were claimed as efforts towards bringing about peace in the affected areas. But it had adversely impacted the people of these areas severely.
Top10VPN, has published a research. It is ...
Indian economy will bounce back: Narendra Modi
Narendra Modi held a meeting on Thursday with sector experts, economists, and successful young entrepreneurs. The meeting was an attempt to call for focused efforts to make India a $5 trillion economy, by enhancing the synergy between various stakeholders and policymakers.
The meeting w...
India’s growth for FY20 is 5%: World Bank
On Wednesday, the World Bank stated India’s growth to be 5% for the financial year 2020. It had earlier estimated it to be 6%. It came a day after the Central Statistics Office (CSO) of the country declared the growth at 5% in the current financial year. It is the lowest in 11 years. ...
Indian economy – is it recovering?
The Narendra Modi government had estimated the gross domestic product (GDP) growth rate to be 7% for 2019-20. It was when the Economic Survey was presented in Parliament in July 2019.
The estimates by the government were lowered to 5%, six months later.
For six con...
China works on its slow economic growth
On Wednesday, China moved more cash into its financial system. Despite the signs that the world’s second-largest economy was stabilizing the move came as Beijing remained concerned about faltering growth.
The People’s Bank of China; China’s central bank, announced ...
Companies to promote upskilling in 2020 over new hiring: Experts
Concerning the falling rate of economic growth in 2019, experts suggest that in terms of workforce expansion and salary hikes the job market may remain muted in the new year as well as more and more companies are expected to prefer up-skilling of existing staff rather than hiring new ones. <...