The UK economy is facing recession.

Gathering storms: Contraction of UK economy stokes deep recession fears

The UK economy is lagging behind other G7 countries with manufacturing and construction pulling down the headline GDP growth figure. Read more »
zero covid policy, economy,

Zero covid policy: China’s folly to haunt global economy

China and the global economy will pay dearly for the abrupt withdrawal of the zero covid policy by the Xi regime without proper guidance from public health authorities. Read more »
indian economy

Indian economy shines amid global crisis, but can it emulate China?

The Indian economy will need heavy investment in infrastructure, education, health, and governance to emulate China's economic miracle. Read more »
Bangladesh economy GDP growth

Bangladesh economy paying the price for exports-led growth

The Bangladesh economy is facing trouble on multiple fronts -- an energy crisis, high inflation, lower remittances, shrinking forex reserves, and poor demand for its exports. Read more »
EU signals global minimum tax rollout

Global minimum tax: EU signal may prompt a flurry of action by others

The global minimum tax will replace the existing tax system created to deal with businesses that have some physical presence in a jurisdiction. Read more »
china, zero covid policy, chinese economy in big trouble

Zero Covid policy: Chinese rollback too little too late

The relaxation of China’s zero Covid policy is expected to boost the global economy, but may fall short in the face a sharp decline in consumer demand. Read more »
RBI hikes repo rate

RBI raises repo rate by 35 bps, may have another hike before pressing pause button

After announcing the repo rate hike, the RBI governor hints that the war on inflation is far from over with core inflation remains sticky and food inflation stays exposed to global factors. Read more »
India interest rate hike

RBI MPC meet: Market braces for a moderate interest rate hike

The RBI panel is unlikely to go in for another aggressive interest rate hike that could hurt growth at a time when the global economy is staring at a recession. Read more »
currencies, rupee, remittances to India

Higher remittances to India bring cheer, but looming recession threatens disruption

There is a visible shift in the remittances pattern – while the Gulf countries remain a major source, the inflow from high-income countries in the West such as the US, UK, Japan,... Read more »
recession

Slow GDP Q2 growth no big concern amid global recession fears

Slow GDP Q2 growth: Robust GST collections have added another dimension to the debate on the health of the Indian economy. Goods and Services Tax mop-up in November rose 11% year-on-year to... Read more »