The experts noted that "the economy is preparing to adjust to the trajectory of balanced growth, though this will not have an immediate impact on the labor market"
New Delhi: The International Monetary Fund (IMF) on Tuesday raised India’s GDP growth forecast for 2024-25 to 7 per cent from 6.8 per cent projected earlier on the back of “improving private consumption, particularly in rural India”. “The…
The International Monetary Fund (IMF) has upheld its global growth forecast of 3.2% for 2024 in its latest World Economic Outlook update released on Tuesday. However, the IMF has adjusted projections downward for the United...
China’s economy expanded by 4.7 percent in the second quarter of the year compared to the same period last year, according to official data released on Monday. This growth rate fell short of economists’ expectations of 5.1 percent and…
Get latest articles and stories on World at LatestLY. This growth rate marked a slowdown from the 5.3 per cent growth observed in the first quarter. Additionally, June's retail sales saw an increase of 2 per cent, falling short of the…
Asian markets began the week with a cautious tone, as weaker-than-expected GDP growth from China dampened investor sentiment, even though the selloff in stocks has been limited. Today’s set of data, coupled with recent weak PMI readings,…
China’s GDP grew 4.7% yoy in Q2, down from 5.3% in Q1 and missing expectations of 5.1%. For the first half of the year, GDP growth stood at 5% year-on-year. The National Bureau of Statistics noted, “The current external environment is…
China's economy grew 4.7% in the second quarter, missing expectations of a 5.1% expansion forecast by Reuters and lower than the 5.3% seen in the first quarter.
West Africa Telecommunications Regulators Assembly (WATRA) has said investments in the digital economy add $30 billion to the region’s Gross Domestic Product (GDP) yearly. The Guardian checks show that West Africa had 418.5 million…