Construction also shrunk 0.4 per cent in April after strong growth in March, when significant repair and maintenance activities were needed following the storms in February…reports Asian Lite News The UK’s gross
People in Africa’s Cities Benefit from Better Socio-Economic Outcomes and Standards of Living, According to New Report. Approximately 30% of Africa’s per capita GDP growth over the last 20 years has been
The widespread adoption of real-time payments resulted in estimated cost savings of $12.6 billion for Indian businesses and consumers in 2021…reports Asian Lite News Real-time payments are forecast to boost India’s GDP
“Ind-Ra expects GDP to grow 7.2 per cent YoY in ‘Scenario 1’ and 7 per cent YoY in ‘Scenario 2’ in FY23, compared to its earlier forecast of 7.6 per cent.”…reports Asian
As per the estimate, real GVA at basic prices is estimated at Rs 136.25 lakh crore in 2021-22, as against Rs 125.85 lakh crore in 2020-21, showing a growth of 8.3 per
The outlay for capital expenditure in the Union Budget is once again being stepped up sharply by 35.4 per cent from Rs 5.54 lakh crore in the current year to Rs 7.50
India and Japan are the only major economies to have their growth projections raised from that made in October last…reports Arul Louis India’s economy is projected to grow by 9 per cent
The UN’s annual World Economic Situation and Prospects report estimated the growth rate of India’s GDP at 9 per cent last year and forecast it to moderate to 6.7 per cent this
The rising cases have led to various curbs instituted by state governments such as reduced capacity of markets, night and weekend curfews to check human mobility….reports Asian Lite News Rising cases of
Economists forecast that the currencies of Indonesia, India, and the Philippines will depreciate towards 2022. ..writes Sanjeev Sharma While “Covid shock” maintains its number one position among risk factors in leading Asian