African countries face heat as China slows down lending

Nov 06, 2022

Economic growth in Sub-Saharan Africa is set to decelerate from 4.1 per cent in 2021 to 3.3 per cent in 2022, as a result...

Russia-Ukraine conflict, soaring crude oil prices major reasons for rupee fall: Govt

Jul 26, 2022

New Delhi [India], July 26 : The ongoing Russia-Ukraine conflict, soaring crude oil prices, and tightening of global financial conditions are major reasons for...

Russia-Ukraine conflict, crude oil price major factors behind rupee depreciation: Govt

Jul 18, 2022

New Delhi [India], July 18 : The recent depreciation in the value of the Indian rupee against the US dollar is due to global...

Ukraine conflict, inflation, tight monetary policy unlikely to derail India's economic recovery: Moody's

Sep 06, 2022

New Delhi [India], September 6 : The impact of the Russia-Ukraine conflict, higher inflation, and the tough financial conditions on the back of ongoing...

Salary cut, reversal of bonuses indicate China's 'worsening' financial conditions

Jan 29, 2022

Beijing [China], January 29 : Witnessing severe belt-tightening by the government, millions of Chinese civil servants are wary about around 25 per cent cut...

"India has become new engine of global growth with young demography" says RBI Governor Shaktikanta Das

Nov 09, 2023

Das said, "The global economy continues to face multiple macroeconomic and geopolitical shocks. The prediction of a global recession has not come true but...