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  Blow to Labour government: UK economy shows no growth in third quarter

  World | December 23, 2024 19:49 IST

  The United Kingdom's economy shows no signs of growth in the third quarter. It is to be noted that Keir Starmer's government had made economic growth as its top priority.

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  US Federal Reserve lowers interest rates, signals slower cuts for 2025

  World | December 19, 2024 6:53 IST

  The Federal Reserve cut its benchmark interest rate for the third time, lowering it to 4.25 per cent-4.5 per cent. Policymakers signal fewer rate cuts in 2025, with inflation and labour market trends driving cautious economic strategies.

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  India’s FinTech revolution boosts financial inclusion, innovation: PM Modi at Global FinTech Fest

  Maharashtra | August 30, 2024 12:34 IST

  PM Modi will also lay the foundation stone for the Rs 76,000 crore Vadhvan Port project in Palghar, set to become a major deepwater port enhancing India’s maritime connectivity.

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  Industrial production grows 4.9 per cent in March, 5.8 per cent in FY24

  Business | May 10, 2024 18:37 IST

  The manufacturing sector, which provides quality jobs to the young graduates passing out from the country’s universities and engineering institutes, posted a 5.2 per cent growth during the month.

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  UK exits recession, exceeds expectations by recording strongest growth in last three years

  World | May 10, 2024 16:01 IST

  The British economy grew by 0.6 per cent in the three months to March, according to the Office for National Statistics, which was the highest since it grew by 1.5 per cent in March 2021. The news brought much-needed relief for Rishi Sunak's under-fire government ahead of the general election.

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  'Abnormality in bilateral relations': PM Modi stresses need to address border situation with China

  World | April 10, 2024 22:02 IST

  In an interview with a US news magazine, PM Modi stressed that peaceful and stable relations between India and China are important for the entire region and world. He also shed light on India's economic reforms that have attracted foreign businesses to the domestic market.

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  US, China agree to launch exchanges on balanced growth; Washington flags Beijing's 'overcapacity'

  World | April 06, 2024 12:51 IST

  US Treasury Secretary Janet Yellen's priority in China has been to persuade Chinese officials to rein in excess production capacity for e-vehicles and solar panels. Worried that it will flood their markets with low-priced exports, the US has made efforts to reduce dependence on Chinese technology.

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  India needs to grow at 9-10 per cent to become USD 35 trillion economy by 2047: Amitabh Kant

  Business | February 19, 2024 7:18 IST

  Kant said India's potential to supply 31 per cent of the world's skilled manpower positions it as a global powerhouse in the workforce arena.

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  China's population falls for second consecutive year amid record low birth rate, COVID-19 deaths

  World | January 17, 2024 10:07 IST

  The total population of China dropped by 2.75 million, or 0.2 per cent, to 1.409 billion last year, according to the National Bureau of Statistics. The data has sparked concerns about long-term effects on the growth potential of the world's second-largest economy.

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  'India moving towards great power strategy under PM Modi's leadership', says Chinese media

  India | January 05, 2024 8:58 IST

  China praises India: According to the author Zhang Jiadong, the shift reflected India's ambitions to escape its historical colonial shadow and position itself as a global influencer, politically and culturally.

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  China sees dip in economic growth at 4.9% in third quarter

  Business | October 18, 2023 9:39 IST

  Earlier this year, growth was boosted as people flocked to shopping malls and restaurants after nearly three years of 'zero-COVID' restrictions were removed in late 2022. However, growth from the post-pandemic recovery fizzled out sooner than expected.

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  Chemical stock looks to drive profitability aided by govt initiative to promote industry

  Business | October 15, 2023 12:58 IST

  The Ministry of Chemicals and Fertilizers in a statement said that the portal (charak.chemicals.gov.in) will facilitate the collection of statistics related to various aspects of the chemical sector, such as production, installed capacity, export, import, purchases and sales.

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  IMF massively cuts Pak economic growth projection, forecasts over 20% inflation for next 2 years

  World | April 12, 2023 17:24 IST

  Facing the brunt of the economic crisis, Pakistan is witnessing power, food, and fuel shortage further adding to the vows of the people.

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  India one of the bright spots in crisis-ridden world economy: IMF chief

  Business | April 07, 2023 13:17 IST

  Kristalina Georgieva, the MD of the International Monetary Fund (IMF), said that the sharp slowdown in the world economy last year due to the pandemic and Russia’s invasion of Ukraine would continue this year.

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  Microsoft CEO Satya Nadella meets PM Modi, lauds India's digital transformation & economic growth

  Business | January 05, 2023 19:19 IST

  Nadella-PM Modi meeting: Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella is on an India trip and his trip includes Mumbai, New Delhi and Bengaluru.

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  India's electricity consumption grows 14 pc in November; experts say it indicates sustained recovery

  Business | December 01, 2022 17:10 IST

  An increase in power consumption means economic activities stepped up which is a news for India.

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  IMF cuts India's economic growth forecast to 6.8% for 2022-23

  Business | October 11, 2022 23:55 IST

  Global growth is forecast to slow from 6.0 percent in 2021 to 3.2 percent in 2022 and 2.7 percent in 2023. This is the weakest growth profile since 2001, except for the global financial crisis and the acute phase of the COVID-19 pandemic.

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  Indian economy to grow over 7 pc in FY23, says finance secretary

  Business | August 31, 2022 21:11 IST

  Indian economy growth: Allaying concerns of high imports denting the fiscal architecture, he said the government was on course to meet fiscal deficit target of 6.4 per cent of GDP in current fiscal ending March 31, 2023.

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  Pakistan PM Shehbaz Sharif lays stress on 'political stability' for economic growth

  World | June 08, 2022 14:31 IST

  Shehbaz Sharif highlighted the difference between economic development in the initial 25 years of Pakistan's creation 75 years back and said that the economic development after that has a "stark" difference.

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  Bank credit likely to grow at 4-year high of 11-12% in FY23: Report

  Business | April 29, 2022 18:24 IST

  The report said bank advances to micro, small and medium enterprises (MSMEs) could grow 12-14 per cent this fiscal, riding on the multiplier effect from some pick-up in capex.