Sunday, May 19, 2024

Topic: Economy

India’s economic paradox: Beyond GDP rankings to socioeconomic realities

Dr Shirin Akhter & Dr Vijender Singh Chauhan Even as we wonder what gives the ruling party the confidence to cut down the social sector budget...

Global growth will be weak in 2023 before rebounding next year: IMF

The global economy is set to slow down this year before bouncing back in 2024, a senior official with the International Monetary Fund (IMF) has said, citing China’s sudden re-opening following the end of its “zero-COVID” policy, and a mild winter, in Europe as factors.

Adani Group loses Rs 2 lakh crore in market cap days after Hindenburg report

The Adani group lost nearly Rs 2 lakh crore in market capitalisation in early trading hours on Friday, taking the overall decline in its market capitalisation to over Rs 2.75 lakh crore since Tuesday’s closing.

Global growth forecast to slow to 1.9% in 2023, warn UN economists

Senior UN economists warned on Wednesday that intersecting crises are likely to add further damage to the global economy, with growth set to slow from three per cent in 2022 to 1.9 per cent this year.

“No sign of promised recovery”: Opp as India’s GDP growth slows for third straight quarter

India’s economic growth slowed to the lowest in a year in the first three months of 2022.

COVID pandemic stalls global economic recovery: UN report

The UN’s key report on the global economy, released on Thursday, shows that the rapid spread of the Omicron COVID-19 variant has put the brakes on a rapid recovery, counteracting signs of solid growth at the end of last year.