For the past six quarters, the United States has been facing a worrying trend: the amount saved by households, businesses, and the government, as a […]
Tag: Economic Growth
India to Update GDP Base Year to 2022-23 for More Accurate Economic Assessment
The government is considering changing the base year for calculating India’s Gross Domestic Product (GDP) to 2022-23, from the current base year of 2011-12, to […]
US Federal Reserve Cuts Interest Rates After Four Years: A 50 bps Reduction, More Cuts Expected This Year
The US Federal Reserve has announced a reduction in interest rates for the first time since the pandemic, as widely anticipated. In a statement, the […]
India Surpasses China in MSCI EM Index: France Could Be Next
India has officially overtaken China in the MSCI Emerging Markets Index, according to a note by Morgan Stanley on September 17. This development is expected […]
Global Debt Reaches Unprecedented $315 Trillion in Q1 2024, Soaring by $15 Trillion in 12 Months
Global debt has hit a staggering $315 trillion in the first quarter of 2024, representing an astonishing rise of $15 trillion over the past year. […]
Elon Musk on Track to Become World’s First Trillionaire by 2027, Report Says
According to a new report from Informa Connect Academy, Elon Musk is on course to become the world’s first trillionaire by 2027. Musk, the CEO […]
Foreign Investors Boost IT, Pharma, and Consumer Stocks in August Amid Fed Rate Cut Hopes
In August, foreign investors increased their stakes in India’s information technology (IT) and pharmaceutical sectors, expecting a potential rate cut by the U.S. Federal Reserve, […]
US Trade Deficit Surges to $78.8 Billion in July as Imports Outpace Exports
In July, the U.S. trade deficit expanded to $78.8 billion, the largest since mid-2022, according to the Department of Commerce. This represents a 7.9% increase […]
India’s Services Sector Grows at Fastest Pace in Five Months in August
India’s services sector expanded at its quickest pace in five months in August, driven by strong demand and easing inflationary pressures, according to a survey. […]
RBI Expected to Hold Rates Even as Fed Pivots
India’s central bank, the Reserve Bank of India (RBI), is anticipated to maintain its current interest rates, even as the U.S. Federal Reserve signals a […]
PM Modi Lays Foundation Stone for ₹76,000 Crore Vadhvan Port Project in Palghar
Prime Minister Narendra Modi on Friday laid the foundation stone for the Vadhvan Port Project in Palghar, Maharashtra, which is set to become the largest […]
India Central Bank’s August MPC Minutes: Inflation Trends, Policy Stance, and Economic Outlook
India Central Bank Chief Das: – According to the Monetary Policy Committee (MPC) minutes, headline inflation for July and the second quarter of the current […]