India’s CAD declines to 1.2 pc of GDP in Oct-Dec quarter reflecting stronger economy
The decline in CAD reflects a strengthening of the macroeconomic fundamentals of the Indian economy.
The decline in CAD reflects a strengthening of the macroeconomic fundamentals of the Indian economy.
Within global economies, America’s resilience shines brightly, defying the dire predictions of naysayers and sceptics. Against a backdrop of uncertainty and volatility, the US economy has emerged as a bastion of strength and vitality, demonstrating a remarkable ability to weather storms and navigate through turbulent waters.
Money makes the world go round, so sang Sally Bowles in the famous movie Cabaret. Money today keeps the global economy ticking, and if the central banks stop printing money, we would already be in a 1930s Depression.
In the narrative of a nation’s economic performance, GDP growth often takes centre stage, like the star student’s report card that parents eagerly await.
A decade after steadily decline in investment to GDP, capex has emerged as a key growth driver in India, global brokerage, Morgan Stanley said.
In a word, the prevalent heatwave could impede China's GDP growth. Most areas of the Yangtze River basin have seen extremely high temperatures since July.
Our biggest businesses are building international brands, yet red-tape continues to throttle the new entrepreneurs and frustrate the small business owners.
As China expects to basically achieve socialist modernization by 2035, the share of agricultural laborers in the total workforce is expected to decline to about 6 percent.
Looking ahead, we expect China's economy to improve further in the run-up to the 20th National Congress of the Communist Party of China on increased stimulus and less disruptive anti-pandemic policies.
Successful development practitioners have always recognized the richness of this local wisdom.
