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.
SRK's impromptu party looked refreshingly ‘normal’ and as cool as the Birthday Boy himself. King of Kool could be another tag for the man who once declared himself 'the last of the stars'.
The chipmaker at the heart of the AI revolution may be the most influential stock in Wall Street history. Nvidia has been the primary driver of the market’s gains since the start of 2023.
ISRO’s LMV3 rocket set off the CMS-03 satellite from Sriharikota Sunday. It weighs 4,410 kg, will primarily serve Indian Navy and has a life of at least 15 years.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
COMMENTS