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GDP

A compelling case for pragmatism

When Chinese President Xi Jinping landed in Macau, the world’s gambling capital, the air was thick with anticipation. Macau,often dubbed the “Las Vegas of the East,” is much more than a beacon of wealth and opulence.

At a crossroads

The United Kingdom’s economy has encountered a challenging phase, with consecutive monthly declines in GDP marking the first back-to-back contraction since the tumultuous days of the Covid-19 lockdowns.

Political Minefield

The appointment of François Bayrou as France’s new Prime Minister highlights the formidable challenges facing the country as it struggles with political gridlock, economic uncertainty, and public discontent.

Path to Riches~I

A recent Oxfam report, published in January 2023, found that the richest one per cent in India own more than 40 per cent of the country's total wealth, while the bottom half together share just 3 per cent. Also, during FY 2020-21, approximately 64 per cent of the total Rs. 14.83 lakh crore in Goods and Services Tax (GST) came from the bottom 50 per cent of the population, with only 3 per cent coming from the top 10 per cent

India’s growth trend expected to soften from Sept quarter

While a favourable base effect should help accelerate India's real GDP growth to around 7.5-8 per cent YoY in the June quarter, the growth trend is expected to soften over the remaining quarters towards 5-6 per cent YoY, foreign financial services major UBS said in a report.