Every economy evolves over time — sectors expand, consumption patterns shift, and new technologies reshape production and trade. To ensure that key economic indicators reflect these changes accurately, the base year used for their calculation...
India’s recently released GDP figures have taken analysts by surprise, with Q1 growth soaring to 7.8%—well above earlier estimates. Various agencies had projected growth in the range of 6.3% to 7%, while even the Reserve...
Emerging economies are wary of the strength of the US dollar. They are taking steps to ensure the soaring greenback doesn’t fuel inflation and derail growth. We explain why they remain vulnerable. In addition, growing...
Small and Medium Enterprises (SMEs) are the backbone of the Indian economy. They contribute about 30 percent to India’s GDP, constitute 48 percent of India’s exports, and employ about 111 million in the non-agricultural sector....
India released its Gross Domestic Product (GDP) data for Q4FY2023 on May 31, 2023; 6.1% real GDP growth in Q4:2022-2023 is a magnificent performance. Even with an array of downside global risk and uncertainties in...
The market sentiment remains fragile. Equities are mostly lower. Japan was a notable exception, and concerns about China’s economy after a sharp decline in imports took mainland and Hong Kong listed companies sharply lower. Europe’s...
The German government and leading economists say that Germany is heading toward a recession. What constitutes a downturn and what does that entail? Germany’s economy is facing extremely testing times. First, the coronavrius pandemic took a...
The market awaits the ECB meeting and the first look at the US Q3 GDP. The pullback in US shares yesterday was a drag on the Asia Pacific equities. It is the first back-to-back loss...
The debt of US nonfinancial businesses had already surged in recent years, but when the Pandemic hit, businesses went on a borrowing binge as the Fed has repressed interest rates to record lows even for...
The members of the G20 are: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, and the European Union....
Despite the efforts of all the medical and scientific experts, much remains to be discovered about COVID-19. It is not life-threatening to most of us and yet highly contagious, with dire consequences for those it...
During the sixty-sixth session of the UN General Assembly, the then UN Secretary-General Ban Ki-Moon said – We need a new economic paradigm that recognizes the parity between the three pillars of sustainable development. Social,...