gross domestic product

Three red flags indicate the global economy is in even worse shape than expected, leaving Australia well and truly exposed.In recent weeks, there has been widespread panic about the US debt ceiling crisis, with the world’s biggest economy…

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…

By Divya Prakash Joshi Equity starts beyond our workplace. For a society to progress economically, socially and technologically, gender equality, especially in terms of equal opportunities, is an imperative. Women are making a significant…

The Central Public Sector Enterprises (CPSEs)’ procurement from Micro and Small Enterprises (MSEs) has risen steadily in recent years, a trend that enabled them to cushion the adverse impact of the pandemic and geo-political conflicts on…

Apex exporters body FIEO has urged the government to support domestic exporters in undertaking overseas marketing initiatives with a view to boost outbound shipments. Federation of Indian Export Organisations (FIEO) President A Sakthivel…

The World Travel & Tourism Council says the global travel and tourism sector won't fully recover this year — but it will get close.The sector is forecast to reach $9.5 trillion in 2023, just 5% shy of the sector's gross domestic product…

Growth in the U.S. slowed considerably during the first three months of the year as interest rate increases and inflation took hold of an economy largely expected to decelerate even further ahead.Gross domestic product, a measure of all…

Crossbench senator Jacqui Lambie has declared she’d have to quit parliament and “pick up a weapon” if a war broke out, because of a shortfall of Australian Defence Force (ADF) personnel.The ex-soldier turned firebrand Tasmanian independent…

After declining for two straight years till FY23, India’s debt-to-GDP ratio is set to follow an upward trajectory for next four financial years starting FY24, the International Monetary Fund (IMF) projected on Wednesday. In its…

Government spending needs to be drastically cut and taxes will have to rise to prevent a “persistent structural deficit” which could see Australia’s bottom line sink by around $70 billion a year. A respected think tank has said there are…