Explainer-How worried should we be about Pakistan’s economy? By Reuters

© Reuters. FILE PHOTO: A trader counts Pakistani rupee notes at a currency exchange booth in Peshawar, Pakistan December 3, 2018. REUTERS/Fayaz Aziz//File Photo By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – Concerns are rising again over the health of Pakistan’s economy as foreign reserves run low, the local currency weakens and inflation stands at decades-high … Read more

Old economy stocks outperform D-St benchmarks with up to 20% returns in Sept quarter

NEW DELHI: As investors lapped up old economy stocks in the September quarter, BSE industrials, capital goods, power and commodities turned out to be the top performing sectoral indices with impressive returns of 16-20%. So far during the quarter, the Sensex has rallied less than 8%, while BSE Teck is down 3% and BSE IT … Read more

Indian economy showing resilience and recovery, says CEA Nageswaran

Chief Economic Advisor (CEA) V Anantha Nageswaran on Monday said the Indian economy was on the path to recovery but cautioned that foreign investors may remain cautious because of geopolitical challenges. Speaking at a virtual seminar organised by Swadeshi Research Institute, he said all sectors of the economy such as agriculture, manufacturing … Read more

Can India economy stay steady amid global turmoil? These 8 charts sum it up

Markets are in turmoil after the US Federal Reserve raised rates, singeing equity markets amid signs the global economy is stumbling. The dollar’s surge, stoked by rising bond yields, saw currencies plummet — the pound is at its weakest in 37 years, the euro hasn’t been this worse off in two decades and the Japanese … Read more

At Bihar rally, Shah highlights India becoming 5th largest economy in world

Highlighting the country’s growth stride, Union Home Minister Amit Shah on Saturday said that India, which was ranked 11th on the list of the world largest economies in 2014, has today overtaken the UK to occupy the 5th position. Addressing a public rally here, Shah said, “This Amrit Kaal is the time … Read more

Germany’s Scholz in Saudi Arabia as Gas Crunch Bites Economy

Article content (Bloomberg) — German Chancellor Olaf Scholz looked Saturday to secure more energy supplies, meeting with Saudi Crown Prince Mohamed bin Salman to discuss future cooperation, including on hydrogen imports, as Europe’s largest economy struggles with fallout from the Russia-Ukraine war. Article content Talks between the two leaders in Jeddah dealt with the relationship … Read more

Manmohan Singh extraordinary but Indian economy stalled under UPA: Murthy

Exuding confidence in the potential of the young generation to make India a worthy competitor of China, IT czar and Infosys co-founder NR Narayana Murthy on Friday lamented that economic activities in India were stalled during UPA’s regime despite the fact that Manmohan Singh, the extraordinary man was at the helm of affairs. … Read more

Recession unlikely to hit India due to ‘not so coupled’ nature with global economy: S&P

Global rating agency S&P on Tuesday said even though the US and the Euro zone are headed to recession, India is unlikely to face the impact given the “not so coupled” nature of its economy with the global economy. “Indian economy is a lot decoupled from the global economy than we normally … Read more

India would be $25-trn economy in 25 years: NaBFID Chairman K V Kamath

India is expected to be a USD 25-trillion economy in 25 years, veteran banker and chairman of National Bank for Financing Infrastructure and Development K V Kamath said on Tuesday. NaBFID was set up by the government last year to support the development of long-term infrastructure financing in the … Read more

Frugal is the new cool for young Chinese as economy falters

Breadcrumb Trail Links PMN Business Author of the article: Reuters Albee Zhang and Tony Munroe Publishing date: Sep 18, 2022  •  25 minutes ago  •  5 minute read  •  Join the conversation Article content BEIJING — Before the pandemic, Doris Fu imagined a different future for herself and her family: new car, bigger apartment, fine dining … Read more