Budget Imperatives
In India, January every year ushers in a euphoric moment for professionals and businessmen alike due to the old debate built around the general budget with a largely reductionist approach focussed mainly on the income tax ceiling.
In India, January every year ushers in a euphoric moment for professionals and businessmen alike due to the old debate built around the general budget with a largely reductionist approach focussed mainly on the income tax ceiling.
India’s rising domestic supply and the government’s emphasis on reducing import dependency are likely to keep industrial purchases limited to the domestic market
That the Chinese economy is in trouble is evident, but experts differ wildly on the country’s growth projections.
October is the month for the Annual Meetings of the World Bank/IMF, held this year in Marrakesh in Morocco. It is also the time when key reports on global economic and financial health are published.
India looks better placed on the growth-inflation-external balance triangle for 2022-23 than it did two months ago owing to the swift economic policy response.
"Given the serious economic slowdown we are currently facing," the economist said, "the day China surpasses the US is moving away, not coming closer."
China's National Bureau of Statistics said the economy saw a growth of 6.5 per cent in the third quarter on a yearly basis, which is below the expected rate of 6.6 per cent and slower than 6.7 per cent in the second quarter of this year.
China has received a downgrade on its credit score, on worries about the future state of its economy from credit…
The IMF has praised the “rebalancing” taking place in China's economy, saying there are “good numbers” coming out from the…
The IMF has raised concerns over China's credit boom which has more than doubled in less than a decade, saying…
