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.
In its latest Monthly Economic Review, the Finance Ministry said growth of Indian economy by 20.1% in the first quarter was a testimony to India's strong macroeconomic fundamentals.
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.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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