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Tag: Economy

17 Results

  • Pakistan: Shehbaz Sharif battles sinking economy amid deficit spike, Imran Khan’s street show

    Pakistan: Shehbaz Sharif battles sinking economy amid deficit spike, Imran Khan’s street show

    Now to sail through the rising inflation, Sharif will have to devise methods with the priority being the talks with IMF as China, as in Sri Lanka, seems not to be extending a helping hand.

    April 24, 2022
  • War economics

    War economics

    The International Monetary Fund (IMF) has said in its World Economic Outlook that the “global outlook is expected to decline this year to 3.6 per cent, down from 6.1 per cent in 2021”.

    April 23, 2022
  • Pakistan’s constitutional crisis to adversely affects its economy, say analysts

    Pakistan’s constitutional crisis to adversely affects its economy, say analysts

    As per experts, the dissolution will further worsen already critical political turmoil in Pakistan, reported Geo News. The current situation in the country creates a legal crisis that will impact stocks, bonds, and commodities, said the analysts

    April 5, 2022
  • Grassroots Wisdom~I

    Grassroots Wisdom~I

    Change must come from within: communities must be able to make their own decisions regarding their future. Economic development and social change cannot be imposed from without. It must begin from within even though the initial nudges may have to come from outside

    April 1, 2022
  • Liquidity support seen to stabilise MEC’s FY23 outlook

    Liquidity support seen to stabilise MEC’s FY23 outlook

    "The ratio spiralled to '3.05x' in FY21, on account of the liquidity pressure. However, the ratio improved to '0.68x' in FY22, in line with the agency's recovery expectations."

    March 29, 2022
  • ICRA lowers India’s FY23 GDP growth forecast to 7.2% from 8%

    ICRA lowers India’s FY23 GDP growth forecast to 7.2% from 8%

    "Following the elevated commodity prices and fresh supply chain issues arising from the Russia-Ukraine conflict, as well as the renewed lockdowns in parts of China, we have pared our forecast of India's real GDP growth in FY2023 to 7.2 per cent from 8 per cent"

    March 29, 2022
  • Russian economy headed for collapse

    Russian economy headed for collapse

    Russia’s invasion of Ukraine, against the backdrop of Russia’s market-rate GDP losing a third of its value between 2013 and 2020, represents a doubling down of Putin’s strategy to seek legitimacy from “great power status,” rather than economic performance. Yet the West’s unrelenting financial and economic sanctions have only accelerated Russia’s economic downfall.

    March 16, 2022
  • Indian economy is picking up momentum after Covid-19: PM

    Indian economy is picking up momentum after Covid-19: PM

    Talking about balanced development of the country, the PM reiterated the priority of schemes such as the Aspirational Districts Programme or the development of Eastern India and the North-east.

    March 8, 2022
  • HP’s economy recovers from Covid crisis, growth projected at 8.3 pc in 2021-22

    HP’s economy recovers from Covid crisis, growth projected at 8.3 pc in 2021-22

    Tabling Economic Survey of 2021-22 in house on the sixth day of ongoing budget session, Thakur said the state’s economy as per advance estimates is expected to witness real growth of 8.3 per cent in 21-22 after contracting in 2020-21. In real terms, the increase in GSDP in pre-Covid and post-Covid era i.e. 2019-20 and 2021-22 is 2.7 per cent.

    March 3, 2022
  • CPM corners HP govt over claim of robust economy

    CPM corners HP govt over claim of robust economy

    The state government didn’t seem to have prepared the Governor’s address with care as the Economic Survey of 2020-21 had predicted a decline of 6 percent in the SGDP,” he said.

    March 2, 2022
  • Education must match needs of the economy

    Education must match needs of the economy

    Due to the unplanned growth of higher education, there is a shortage of qualified people in the frontier areas of knowledge and technology. The system, thus, is unable to fulfill its primary objective of providing manpower to a knowledge intensive economy.

    February 25, 2022
  • Calculating the costs of growth

    Calculating the costs of growth

    Millions of people are either displaced locally or migrate, sometimes illegally, to more prosperous countries only to survive physically. And the concern is that the number is increasing. But an economy must not compel citizens to leave their own country, to leave their family behind only to survive or for a better livelihood.

    February 18, 2022
  • India’s semiconductor moment

    India’s semiconductor moment

    The message is piquantly relevant. India should have had its own semiconductor fab decades ago. In 1987, India was just two years behind the latest chip manufacturing technology. Today, we are 12 generations behind. Our semiconductor dream has been sabotaged by red tape, lack of infrastructure, bureaucratic lethargy, corruption, and a lack of visionary leadership. We have missed the bus several times, for reasons that are unpardonable.

    February 17, 2022
  • Overall sharp rebound, recovery of economy reflective of India’s resilience: Sitharaman

    Overall sharp rebound, recovery of economy reflective of India’s resilience: Sitharaman

    The Finance Minister said that India's economic growth in the current year is estimated to be 9.2 per cent, the highest among all large economies.

    February 1, 2022
  • S.Korea’s economy grows to highest in 11 years

    S.Korea’s economy grows to highest in 11 years

    The growth rate marked the highest tally since 2010, when the economy expanded 6.8 per cent. It also met the central bank's annual growth outlook of 4 per cent, reports Yonhap News Agency.

    January 25, 2022
  • Wrong Choices~II

    Wrong Choices~II

    So how do we break free of the many shackles created by vested interests and propagated by institutions controlled by them? How do we give power back to the masses and create an egalitarian society? Since the problems and setbacks are many, we will need to prioritise. The top priorities have to be health, education, shelter and sanitation

    January 10, 2022
  • Agriculture sector contributes 20.2 % to the GVA of Indian economy

    Agriculture sector contributes 20.2 % to the GVA of Indian economy

    The data of the National Statistical Office (NSO) further revealed that the percentage of usually working persons engaged in the Agriculture Sector is 45.6 %, which means out of every hundred persons in India 45 are engaged directly or indirectly to the Agriculture Sector.

    December 24, 2021