Economy

Economy News

Unilever, ReNew get WEF support for Industry 4.0

The Fourth Industrial Revolution, also known as Industry 4.0, encompasses increased automation, enhanced production processes, and the emergence of new products and services. Global Lighthouse Network, an initiative by the.

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Economy News

Explained: How is monetary policy different from fiscal policy

One key distinction between monetary and fiscal policy lies in their implementation authorities and tools. Monetary policy and fiscal policy serve as critical tools for managing the country’s economy, each.

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Economy News

DPI, bankruptcy law, tax code make India attractive investment destination: WEF official

India an attractive investment destination for the financial technology sector, a senior World Economic Forum (WEF) official said. A combination of policy changes such as bankruptcy law and taxation code.

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Economy News

Global goods trade shrinks 5% in 2023, but 2024 outlook positive: UNDP

Apart from improving macroeconomic conditions, rising demand for environmental goods should boost trade but significant uncertainties still remain. The global trade in merchandise goods declined 5% on year in 2023.

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Economy News

What is GDP and how is it different from GNP? Here are all details

Gross Domestic Product (GDP) measures the total value of all goods and services produced within a country’s borders over a specific period, typically a year or a quarter. Gross National.

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Economy News

India’s exports growth at a 20-month high amid Red Sea crisis; impact on export contract renewals key monitorable, says CRISIL

The near-term challenge to India’s exports due to the Red Sea crisis has been limited so far, however, the key monitorable going forward will be how the crisis will impact.

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Economy News

UK inflation falls by more than expected in February, triggering talk of lower interest rates

The Office for National Statistics said inflation, as measured by the consumer price index, fell to 3.4%, its lowest level since September 2021, from 4% in January. The agency said.

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Economy News

RBI forecasts 8% growth prospects on strong demand visibility

The Central Bank also highlighted that the global economy is losing steam and some of the most resilient economies are seeing a slowdown in growth. High frequency indicators suggest further.

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Economy News

CRISIL expects rate cut in June, says 10-year yield may be range bound

CRISIL expects the first interest rate cut in June at the earliest, if not later. While fiscal prudence has smoothened the path for monetary policy, the RBI is wary of.

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Economy News

Economists lower FY24 CAD forecasts on record services-trade surplus

During February, the country’s services trade surplus came in at $16.8 billion – the highest since April 2011 – as against $16.2 billion in January. The near-13 year high services.

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