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Monday, November 4, 2024
TopicEconomy slowdown

Topic: Economy slowdown

Chinese economy has been hit by a perfect storm: Property shock, Zero Covid, climate, Taiwan

The world's second largest economy is in crisis, hit by lockdowns, impaired supply chains, slump in real estate sector and geo-political tensions.

Lack of demand, low import duty, price crash — Kerala’s rubber trouble stretches on

Farmers in Kerala are looking at alternative crops or not tapping their rubber as prices have crashed due to lack of demand, imports and labour.

India should spend more to revive demand, not worry about deficit: Economy expert Martin Wolf

Speaking at ThePrint's OffTheCuff, Chief Economics Commentator at The Financial Times Martin Wolf said India can afford to increase its debt-to-GDP ratio to 90%, but should avoid borrowing in foreign currency.

UK GDP shrinks by 2% amid Covid-19 crisis, biggest quarterly decline since 2008

The fall was the biggest since the financial crisis of 2008 and included a contraction of 5.8 per cent in the March GDP alone, the biggest monthly fall on record.

‘Life will return’ to Indian businesses in September if all goes well: Sundaram Finance

The prediction is based on the estimate that any policies to alleviate stress will take about four months to percolate through the Indian economy.

What crisis? HDFC Bank is ramping up corporate loans while rivals are retreating

HDFC Bank’s lending to large & small companies surged 63% over 2 years through 31 Dec as economy went from world-leading growth to slowest expansion in 6 years.

Salary increases this year in India will be the smallest in a decade, says survey

Indian companies will increase average pay by 9.1% in 2020, down from 9.3% in 2019 and 9.5% the previous year, and the slowest since 2009.

Budget for a dozing economy, Sitharaman’s tightrope & Economic Survey’s doublespeak

The best cartoons of the day, chosen by the editors at ThePrint.

S Acharya on 5-6% GDP, H Drabu on J&K & Valson Thampu rues Opposition ‘collapse’

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

Personal loan defaults become a worry after Indian unemployment rises to 45-year high

Credit analysts are signalling potential risks in personal loans following the slowdown in the economy and a drying-up of credit from shadow banks.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

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.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

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'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

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.