Economy

8,000,000% inflation? These are the world's most miserable economies

The embattled South American nation topped the rankings of Bloomberg’s Misery Index, which sums inflation and unemployment outlooks for 62 economies, for the fifth straight year.

published on : 18th April 2019

‘We must make India an upper middle-income country by 2030’

The Indian economy is expected to increase from $2.85 trillion today to $6.5 to 7 trillion by 2030, making us the third or fourth largest economy in the world.

published on : 18th April 2019

Centre eyeing more reforms as growth could turn sluggish

Government officials are working on reforms to be implemented post polls, fearing a sluggish growth period in the year ahead.

published on : 17th April 2019

Pakistan's economy out of crisis phase: Finance Minister 

He called on the Federal Board of Revenue to simplify the tax return system with easier forms and lesser questions.

published on : 8th April 2019

Narendra Modi pledges Rs 100 lakh crore on infrastructure in re-election bid

The BJP, which is seeking a retain power in elections starting April 11, released its manifesto in New Delhi on Monday, reiterating its pledge double farmer’s income by 2022.

published on : 8th April 2019

Cuba newsprint shortage sounds alarm for economy

Amid shortages, the government is being forced to ration basics like flour, cooking oil and chicken, leading to long lines outside stores.

published on : 7th April 2019

Sudan protesters reach army HQ for first time: Witnesses

On February 22, the veteran leader imposed a nationwide state of emergency to quell the protests after an initial crackdown failed to rein in protesters.

published on : 6th April 2019

India to be third largest economy by 2030: Arun Jaitley

Currently, the size of the Indian economy is about USD 2.9 trillion, he said while addressing students of the Shri Ram College of Commerce in New Delhi.

published on : 6th April 2019

Households give thumbs up to economy: RBI

The RBI’s latest quarterly forward looking surveys give conflicting signals on demand, investments and growth. 

published on : 6th April 2019

Consumer confidence at all-time high

Despite high expectations of income and employment, the RBI's own growth outlook is reducing as a result of which rates were reduced.

published on : 6th April 2019

Industrial stimulus need of the hour in Dharwad

Several young entrepreneurs felt that the Central government should provide a conducive atmosphere for them to launch their startups and small scale industries here.

published on : 31st March 2019

Modi government destroyed Indian economy in five years: Sitaram Yechury

He said the country witnessed the highest-ever unemployment, more job losses, lower job creation and worsening social security in the last five years.

published on : 30th March 2019

Congress to give three-year blanket pass to new ventures, abolish angel tax: Rahul Gandhi

The Congress president said another idea that came up during discussions with entrepreneurs was the opening of the banking system to young business-persons and providing them access.

published on : 29th March 2019

Iceland's WOW Air budget carrier collapses, cancels all flights

Iceland's government said it estimated that 4,000 travellers were stranded, including around 1,300 currently in transit. 

published on : 28th March 2019

China bad debt is a $300 billion value trap

Foreign investors without local expertise wade into the market for soured-loan securities at their peril.

published on : 28th March 2019
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