Topic: Economy
Budget speeches are like magic shows- big numbers appear but rabbit never does
India stands at a crossroads where the promise of economic ascent is matched only by the risk of stagnation. A recalibrated approach to balance fiscal prudence with growth centric investments is essential to address long standing structural issues.
Israel suffers biggest economic slowdown among OECD countries
Israel suffered the biggest economic slowdown between April and June among the 38 countries in the Organisation for Economic Co-operation and Development (OECD).
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.
