economy

New Delhi: Union minister Jitendra Singh on Saturday said that India’s bio-economy has grown eight times in as many years under Prime Minister Narendra Modi, from $10 billion in 2014 to over $80 billion in 2022. Addressing an…

New Delhi: India is set to be the second-fastest growing economy in the G20 in FY 2022-23, despite decelerating global demand and the tightening of monetary policy to manage inflationary pressures, according to OECD 's latest economic…

New York: Amazon founder and billionaire Jeff Bezos recently warned consumers and businesses that they should consider postponing large purchases during the holiday season as an economic recession might be in the offing. In an interview…

New Delhi: Commerce Minister Piyush Goyal, who is on his visit to the southern state of the country- Tamil Nadu, on Sunday addressed the students of the Indian Institute of Technology (IIT) Madras. "World today recognises that India`s time…

New Delhi: Global growth is expected to slow further next year, the International Monetary Fund (IMF) said Tuesday, downgrading its forecasts. In its latest World Economic Outlook, the multilateral agency highlighted that the global economy…

New Delhi: India’s economy showed signs of slowing-but-steady growth last month, with businesses holding on to optimism that domestic demand will revive as the peak shopping season approaches. Four of the eight high-frequency indicators…

Mumbai: Nomura has forecasted India's growth to sharply slow down to 5.2% in 2023-24 from 7% in the current fiscal due to the spillover effect of global slowdown. The Japanese brokerage batted for policy vigilance amid the global…

New Delhi: A study by the World Bank has concluded that nearly 80% of people who slipped into poverty in 2020 due to the COVID-19 pandemic hailed from India. Out of 7 crore people globally who became poor that year due to economic losses…

New Delhi: The Asian Development Bank on Wednesday lowered its growth forecast for India for 2022-23 to 7% from 7.2% estimated in July, given higher-than-expected inflation and monetary tightening. It also lowered India's growth estimate…

Washington: The world economies may fall into a global recession next year amid aggressive monetary policy tightening by central banks to tame inflation, the World Bank said. Several historical indicators of global recessions are already…