Tag: economy
GDP data: Indian economy grows at 6.1% in Q4, FY23 growth better-than-expected at 7.2% – The Economic Times Video
Beating analyst estimates, India’s gross domestic product (GDP) grew at 6.1 per cent in the last quarter of the previous fiscal. Further, the Centre now…
Around 91,110 pieces of fake Rs 500 notes detected in FY23: RBI report
Around 91,110 pieces of fake Rs 500 notes were detected in FY23, the Reserve Bank of India said in its annual report. During 2022-23, out…
india: India’s economy grew faster at 5.1% in Q4: Economists
India‘s economy likely grew better than expected in the March quarter of FY23, which could push full fiscal year growth higher than January’s 7% first…
Recession, millions of jobs lost if US defaults: Treasury
WASHINGTON: President Joe Biden‘s administration again warned Sunday of “catastrophic” consequences for the US economy including huge job losses if the country defaults, as negotiations…
India’s economy remains resilient even as exports, unemployment dim outlook
India’s economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that’s…
Lebanon’s parliament votes to postpone municipal elections
BEIRUT: Lebanon‘s parliament Tuesday postponed municipal elections for up to a year for a second time amid concerns the government would not be able to…
Indian Consumers: The great Indian demand divide: The rich set the cash registers ringing
The pandemic has left a clear split running down the middle of India’s consumer demand. While those at the lower income levels are still reluctantly…
US President Joe Biden took jobless rate to 3.5%, but for how much longer?
WASHINGTON: President Joe Biden keeps seeing good economic news and bad public approval ratings. The unemployment rate fell to 3.5% in March. More than 236,000…
India’s services growth eases in March but input cost inflation cools
Growth in India’s dominant services industry eased last month from February’s 12-year high, according to a private survey, but input cost inflation fell to its…
US manufacturing near three-year low; casts a shadow over economy
WASHINGTON: US manufacturing activity slumped in March to the lowest level in nearly three years as new orders plunged, and analysts said activity could decline…