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Monday, August 15, 2022

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Economy

EU’s largest economy, Germany is likely to slip into recession

For many in Germany, a warm water bath could soon become a luxury. One of the country's main port cities, Hamburg, has already warned...

Russia’s economy beats expectations, manufacturing and job creation show healthy uptick

Manufacturing activities in Russia, which is under several sanctions, is increasing. The S&P Global manufacturing purchasing managers' index (PMI), an indicator of economic trends,...

Sanctions against Russia could undermine global dominance of US dollar: IMF

Sanctions against Russia could undermine the global dominance of the US dollar, according to Gita Gopinath, the First Deputy Managing Director of the International...

Small traders expect easier finance post MSME tag

Small traders expect easier finance and more growth going ahead post the government's move to classify retail and wholesale trade under the MSME category,...

Bharat must work out a mechanism to be part of Africa’s mega trade deal

As the African Continental Free Trade Area (AfCFTA) officially kicked off in January, Bharat must now proactively make a strong pitch to be able...

Bharatiya economy’s macro snapshot – March 2021

Manufacturing PMI fell to a seven-month low of 55.4 but remained above the long run average, suggesting an expansion in economic activity. Further, the...

Bharatiya economy’s seven decades of independence – A review and way forward

In 1947-48, per capita income was Rs. 230. In 2019-20 it rose to Rs. 1,35,000. In 1948, power generation capacity was nearly 2100 MW;...

Welfare of Workers in Unorganised Sector – Post COVID-19 Roadmap

136 million across the country are working without any formal contracts. According to various sources, the following are the details available of the working...

Burgeoning Debt of the States, a Cause for Concern

Debt burden of various states of the union is worrisome and is a manifestation of the reckless expenditure and lack of fiscal prudence. The...

Himachal Pradesh – A Tiny State With Insurmountable Debt

Himachal Pradesh's debt has been mounting by leaps and bounds and this tiny hill State has a whopping Rs. 46,502 crore debt as per...

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