S&P Sees India’s Growth Steady at 6.5% Despite Global Trade Pressures
India’s economy is expected to grow 6.5% in FY25-26, making it one of Asia-Pacific’s fastest-growing economies, according to S&P Global Ratings. The agency states that...
Tag : Economy
India on Track to Overtake Japan as World’s 4th Largest Economy
On 24th May, NITI Aayog CEO BVR Subrahmanyam said India had overtaken Japan to become the world’s fourth-largest economy, citing IMF data. He added that...
India, Chile Set Path for Trade Pact, Eye Boost in Critical Minerals Ties
India and Chile have signed the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement (CEPA), ahead of the first round of negotiations set...
Spain Blackout Cost Economy €400 Million, Says Top Bank
Spain’s biggest blackout caused an estimated €400 million ($454 million) loss to the economy, according to CaixaBank. Consumer spending dropped 34% on April 28, the...
UP CM Yogi Adityanath: Unemployment Down, Per Capita GDP Up Since 2017
On Monday, CM Yogi Adityanath highlighted Uttar Pradesh’s economic progress and welfare initiatives while marking eight years of the state’s NDA government. He stated that...
Germany to Relax Debt Limits to Boost Economy and Defence
Germany’s next governing parties have agreed to ease borrowing limits, unlocking over €1 trillion for defence and infrastructure spending. The debt brake, introduced in 2009,...
Economy of India Set to Grow 6.6% in 2025
The UN World Economic Situation and Prospects Report 2025 projects that India’s GDP will grow 6.6% in 2025 after growing 6.9% in 2024. Private consumption,...
Indian Farmers Switch Crops Amid Rising Temperatures
Indian farmers are reducing rapeseed and mustard planting, opting for heat-resistant crops offering similar returns due to rising temperatures. Rising temperatures are causing Indian farmers...
India and China Set to Shape the Global Economy’s Future
Singapore and Southeast Asia should maintain strong ties with both India and China, given their crucial roles in regional growth, stated Singapore’s Senior Minister of...
Foreign Investors Withdrew a Record USD 15 Billion from China Amid Economic Pessimism
Foreign investors withdrew a record USD 15 billion from China last quarter due to concerns about the country’s economy. This reflects the deep pessimism about...