The country though, international publications note, is doing one thing right in trying to give China a run for its money, even if it's going about it the wrong way.
Barry Naughton, economist & expert on China, talks about the challenges of the nation's post-Covid economy & its new focus on 'construction of modernised industrialised system'.
IMF Managing Director Kristalina Georgieva said Sunday that US, Europe and China are all slowing down simultaneously, making 2023 tougher than 2022 for the global economy.
Expectations of growth must be tempered, and with different indicators painting different pictures, World Bank's 6.5% full year growth forecast is more likely than RBI's 7%.
Construction, manufacturing, mining & services industry like hotels and transportation are to be the worst hit, says first advance GDP estimate released by the National Statistical Office.
Congress' Adhir Chowdhury wrote to Om Birla, saying Parliament needs to discuss ‘notable’ issues like the farmers’ agitation, Covid vaccine status, and economic slowdown.
In a Twitter thread, Arvind Subramanian said that GDP per capita is only an estimate for one indicator of the average standard of living or welfare in a country.
At ThePrint's OTC, the former RBI governor said if huge levels of debt and financial distress hold back the economy, it will be a lost decade for growth.
Post-2022 as AI has spread in developed economies, it is leading to another round of polarisation—the middle class jobs are being lost in offices rather than in factories.
The fifth S-400 air defence system is undergoing various stages of production trials, and will be delivered by November-December this year, it is learnt.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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