economic growth

The powerful people who control the purse strings of Australia’s biggest companies are worried about what lies ahead next year, coinciding with a warning the economy has “hit a wall”.Consulting firm Deloitte released its biannual CFO…

With the Indian economy being a key contributor for Asian economic growth outperformance, the broad based recovery in demand runs counter to the weakness seen outside Asia, said Morgan Stanley in a report. According to…

India is constantly showing resilience and growing above the pre-pandemic level of GDP growth during the post pandemic and geo-political developments, according to a report by PHD Chamber of Commerce and Industry. It said that per the IMF…

Treasurer Jim Chalmers has issued a sombre warning for all Australians, predicting years of struggle ahead.Addressing the nation in his budget speech on Tuesday night, Dr Chalmers made no secret of the fact that Australia was not immune to…

Twenty-five years ago, when as many Indians flew annually as they do in a month now, two state-owned airlines controlled half of the domestic aviation market. This March, 57% of the 13 million tickets that got sold were booked with just one…

The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high oil prices and increased geopolitical tensions, NITI Aayog member Arvind Virmani has said. Virmani further said that he does not see any…

The highest-ever GST collection in April indicates a favourable trend signaling growth in domestic demand and the subsequent growth in the Indian economy. Experts indicate that this also shows that the collection indicates better business…

India's services sector growth accelerated in April, as strong demand conditions resulted in the fastest increase in new business and output in close to 13 years, a monthly survey said on Wednesday. The pick-up in…

By Anant Chandak BENGALURU (Reuters) - India's factory activity expanded at its quickest pace in four months in April, driven by solid growth in new orders and output, a private survey showed on Monday, signaling…

The boss of one of Australia’s big four banks is urging businesses to brace for impact, after delivering a grim economic outlook for the years ahead.Despite the nation’s inflation rate dipping by 0.8 per cent from its December peak, ANZ…