S.Korea’s childbirths at record low since 1981
South Korea has been dogged by a chronic decline in childbirths as many young people delay or give up on having babies in the face of an economic slowdown and high home prices.
South Korea has been dogged by a chronic decline in childbirths as many young people delay or give up on having babies in the face of an economic slowdown and high home prices.
Amid the Big Tech layoff season, the media and entertainment industry worldwide has also been hit with job cuts as advertisers reduce spending amid the global economic slowdown.
Vehicle sales across the country had remained subdued for last several months over economic slowdown and subsequent slowing of demand.
Meanwhile, the apex bank has projected the GDP growth for FY21, starting April 1, at 6 per cent while retaining the estimate for the current financial year at 5 per cent.
Speaking at Shri Ram Economic Summit organised by the economics department of Shri Ram College of Commerce (SRCC), the Rajya Sabha MP said that ordinarily, the explanation for the failing economy should have come from the government.
Trump is set to visit India on a two-day trip between February 23 and 26 and both sides are in the process of fine-tuning his schedule
Like the previous Union Budget, Nirmala Sitharaman, has this time too, replaced the Budget briefcase — the iconic briefcase used by former finance ministers — with the traditional 'bahi khata' in keeping with Indian tradition.
The session will commence on January 31 with President Ram Nath Kovind's address to a joint sitting of both houses of Parliament and continue till February 11.
In India, economic activity slowed substantially in 2019, with the deceleration most pronounced in the manufacturing and agriculture sectors.
The IMF in October slashed its forecast for 2019 by nearly a full point to 6.1 percent, while cutting the outlook for 2020 to 7.0 percent.
