Friday, April 19, 2024

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Economy

China’s stocks hit nine-month lows amid the weakening Chinese yuan and a floundering economy

Since late November last year, China's blue-chip index and Hong Kong's Hang Seng Index both fell to the lowest level this month.

China’s property market readying for collapse? As Evergrande files for bankruptcy, another major developer Country Garden looking at 7.6 billion loss

One after another, the companies began to crumble as they could not pay their bills. More than 50 Chinese property developers have defaulted or failed to make debt payments in the last three years, NYT reported citing credit ratings agency Standard & Poor’s.

‘Yogi at one trillion drive’: Research work on UP government’s efforts to make the state USD 1 trillion economy to be released at JNU

Research work on Yogi Adityanath’s efforts to make UP USD 1 trillion economy to be released at JNU

‘This India is different from what it was in 2013’: Morgan Stanley lists 10 big changes in India in the last 10 years

In a short span of 10 years, India has gained positions in the world order with significant positive consequences for the macro and market outlook, Morgan Stanley Research has said in a report.

Indian Economy is set to surpass 7% growth rate in the fiscal year 2023: Manufacturing to be the key driver. Read details of the...

The Indian economy is on track to surpass 7 per cent growth rate in Fiscal Year 2023 with manufacturing being the key driver, according to a report released by the State Bank of India. 

Retail inflation in India comes down by 1% in a month to reach 4.7% in April

Retail inflation in India eased further in April to 4.7 per cent as against 5.7 per cent the previous month.

Dutch intel agency calls China “biggest threat to economic security”

Earlier, the Dutch government said that they have imposed restrictions on the export of chip manufacturing equipment and raw materials used in chip making to China. 

Economic crisis in Pakistan results in a shortage of life-saving medicines

Pakistan Medical Association (PMA) called for the intervention of the government to prevent the situation from turning into a disaster.

Men’s chaddi crisis strikes again: ET draws inspiration from Shekhar Gupta’s ThePrint to cry economic slowdown

Alan Greenspan has been tracking underwear sales since over four decades now and linking them to economic crisis around the world.

Wall Street Journal suggests Americans to skip breakfast to save money, gets mocked

In a recent piece, the Wall Street Journal advised Americans to forgo breakfast to save money. The WSJ suggestion was not well received by American netizens, who slammed the media outlet for presenting such a ridiculous idea. Additionally, they blamed the Biden administration for failing to rein in the country's spiralling inflation.

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