Given the release of UCLA Anderson Forecast’s June 2023 report, experts have got a sigh of relief: The US economy is YET not in a recession. However, there is some caution which needs to be observed carefully. Considering that core inflation is coming down slowly, there is a possibility that Fed might continue to tighten

Despite advancing toward a dream economic scenario, some of the country’s rich people might not be too thrilled due to recession. In spite of the Federal Reserve’s aggressive interest-rate hikes, inflation in the US is cooling toward the Federal Reserve’s 2% target. According to the Philadelphia Fed, forecasters estimate the US Gross Domestic Product rose

In Jun’23, the rupee rose 0.8% due to foreign portfolio investors inflows and a weaker dollar. Oil prices remaining range-bound also helped provide some reassurance. Given moderation in US core personal consumption expenditure and consumer spending, there is uncertainty around the Federal Reserve’s future rate policy which led to a decrease in the US Dollar

Despite heightened uncertainties and formidable headwinds, RBI Reserve Bank Governor Shaktikanta Das said Wednesday that the Indian economy has made a solid recovery and is among the fastest-growing large economies. All stakeholders in the financial system must work to maintain financial stability at all times, he said. Despite potential and emerging challenges, the Reserve Bank

Inflation is slowly falling, but economic growth continues to be at historical lows. Apart from this, financial risks have increased. That being said, the global economy’s systematic recovery from both pandemic and Russia-Ukraine war remains on track. Much of this support comes from China as the country’s economy continues to rebound strongly. Supply chain disruptions

A big accomplishment for the Indian economy was revealed by the office of India’s Finance Minister Nirmala Sitharaman on June 12, 2023. Wondering about the richest city in India? In 2023, India’s GDP reportedly achieved the astonishing total of $3.75 trillion, moving the country up to the fifth-largest economy in the world from tenth place.

Fighting threatens to stall Russia’s economy as fighting spills over into border regions, causing tens of thousands to flee. Some Russian cities, such as Kursk and Krasnodar, have also experienced drone strikes. A dozen Russians have been killed. The Russian economy’s growth outlook for 2023 may be lowered to 0.8% as a result of full-scale

As a result of a report published on Monday, India has become a leading source of Foreign Direct Investment (FDI) in Dubai, one of the wealthiest emirates in the United Arab Emirates. According to “FDI Markets”, a service from UK’s Financial Times Ltd, it ranked among the top five source countries for announced foreign direct

In what has been a tough period for the global economy, India has been one of few success stories in recent months. But a recent State of the Indian Economy report issued by the Reserve Bank of India (RBI) has revealed the positive growth seen in the last quarter of the 2022/23 fiscal year has

On the surface, India’s overtaking China as the world’s most populous nation seems like a positive development. Another impressive statistic about India is the 40% of its young population. If and when we become the world’s No. 1 economy and actualise the aspirations of 1.4 billion Indians, these numbers and milestones will become meaningful. What