Though production of 8 core infrastructure sectors slowed to a 5-month low in March, other manufacturing and services indicators paint an optimistic picture of the economy.
The findings of Pakistan Economic Survey 2022 left finance minister Miftah Ismail unhappy as he underlined that the Shehbaz Sharif government has 'inherited a fragile economy'.
Citigroup’s broad recovery index indicated a 9.6% jump in demand in urban regions. In contrast, the rural consumption index rose 3.6% and stayed below pre-pandemic levels.
Even as the war in Ukraine clouds the outlook for prices and growth in the consumption-driven economy, India’s services and manufacturing activity held steady in February.
Will the new Omicron variant set the clock back and dampen the spirits? Modi govt would be naïve to believe RBI and not plan for recovery of the Indian economy.
Indian merchandise exports have hit an all-time high of $235 billion from April-Oct. Analysts say this is due to a sharp recovery from low baseline levels during the pandemic last year.
Apart from fading growth momentum and private health expenditure crowding out discretionary spending, pressured rural wages will be the other reason to rule out a quick revival.
Curve tracks intersection of inequality with how likely it is for next generation to move up economic ladder. Big Latin American economies are worst at that.
Country's used lithium-ion battery problem is also set to grow sharply in next decade. India 3rd largest e-waste producer with 7% global share but currently recycles only about 10% of it.
Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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