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AI-Driven Automation Could Threaten 40 Percent of Jobs Globally, UN Experts Claim
Artificial intelligence (AI) technology and automation driven by it could soon impact 40 percent of the global workforce, claims a new report by the United Nations Conference on Trade and Development (UNCTAD). The report highlights that by 2033, AI could become a multi-trillion-dollar market. However, the economic growth could be highly concentrate...
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Tensions With India Would Weigh On Pakistan's Growth: Moody's
Moody's Ratings on Monday said sustained escalation of tensions between India and Pakistan will not have any major economic disruption in the country, but will be a setback for Islamabad as its forex reserves could come under pressure.
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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
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India Must Create 80 Lakh Jobs Per Year To Become Developed Nation: Economic Advisor
India has to generate 8 million jobs per year at least for the next 10-12 years and raise the share of manufacturing in GDP as it strives to achieve vision of becoming a developed country by 2047, Chief Economic Advisor to Government of India said.
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China's Exports Soar Over 12% In March Despite Trade War, Imports Decline
China's top leaders last month set an ambitious annual growth target of around five percent, vowing to make domestic demand its main economic driver.
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Amid Spiralling Tariffs, A Look At What US And China Import From Each Other
The ongoing trade war between the US and China has significant implications for the global economy. The two nations together represent 43% of the world's economic output, and the trade dispute is likely to hamper trade, investment and economic growth
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"This Is Economic Revolution": Donald Trump Amid Sweeping Tariffs
Wall Street went into free fall Friday, following similar plunges in Asia and Europe as economists warn tariffs could dampen growth and fuel inflation.
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Trump Tariffs Could Cause Global Trade Drop By 1% In 2025 Warns WTO
After Trump on Wednesday unveiled a blitz of harsher-than-expected levies aimed at countries around the globe, Ngozi Okonjo-Iweala warned the measures would "have substantial implications for global trade and economic growth prospects".
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Adani Ports Handles Record 450 Million Metric Tonnes Of Cargo In 2024-25
Adani Ports and Special Economic Zone Ltd (APSEZ) handled 450 million metric tonnes (MMT) of cargo in FY 2024-25, marking a 7 per cent year-on-year growth, it was announced on Wednesday.
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"India's Financial System Diverse, Driven By Rapid Economic Growth": IMF Report
The report observed that India's insurance sector is strong and growing, with a significant presence in both life and general insurance.
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Committed To Bring Normalcy In Manipur, Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the central government is committed to bringing normalcy to Manipur and assured all support for the economic growth of the state.
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How New Immigration Bill Tries To Balance National Security, Economic Growth
Tackling the problem of illegal migration into India and tracking the movement of overstaying foreigners would be simplified with the new Immigration and Foreigners Bill, officials said on Wednesday.
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India's Economic Growth To Exceed 6.5% In FY26: Moody's
Moody's Ratings on Wednesday said India's economic growth will exceed 6.5 per cent in the next fiscal, up from 6.3 per cent this year, on higher government capex and consumption boost from tax cuts and interest rate reduction.
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India Looking For Good Trade Agreement With US, Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said India is looking for a "good" trade agreement with the US to promote economic growth and ensure smooth supply chains.
-
AI-Driven Automation Could Threaten 40 Percent of Jobs Globally, UN Experts Claim
Artificial intelligence (AI) technology and automation driven by it could soon impact 40 percent of the global workforce, claims a new report by the United Nations Conference on Trade and Development (UNCTAD). The report highlights that by 2033, AI could become a multi-trillion-dollar market. However, the economic growth could be highly concentrate...
-
Tensions With India Would Weigh On Pakistan's Growth: Moody's
Moody's Ratings on Monday said sustained escalation of tensions between India and Pakistan will not have any major economic disruption in the country, but will be a setback for Islamabad as its forex reserves could come under pressure.
-
World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
-
IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
-
India Must Create 80 Lakh Jobs Per Year To Become Developed Nation: Economic Advisor
India has to generate 8 million jobs per year at least for the next 10-12 years and raise the share of manufacturing in GDP as it strives to achieve vision of becoming a developed country by 2047, Chief Economic Advisor to Government of India said.
-
China's Exports Soar Over 12% In March Despite Trade War, Imports Decline
China's top leaders last month set an ambitious annual growth target of around five percent, vowing to make domestic demand its main economic driver.
-
Amid Spiralling Tariffs, A Look At What US And China Import From Each Other
The ongoing trade war between the US and China has significant implications for the global economy. The two nations together represent 43% of the world's economic output, and the trade dispute is likely to hamper trade, investment and economic growth
-
"This Is Economic Revolution": Donald Trump Amid Sweeping Tariffs
Wall Street went into free fall Friday, following similar plunges in Asia and Europe as economists warn tariffs could dampen growth and fuel inflation.
-
Trump Tariffs Could Cause Global Trade Drop By 1% In 2025 Warns WTO
After Trump on Wednesday unveiled a blitz of harsher-than-expected levies aimed at countries around the globe, Ngozi Okonjo-Iweala warned the measures would "have substantial implications for global trade and economic growth prospects".
-
Adani Ports Handles Record 450 Million Metric Tonnes Of Cargo In 2024-25
Adani Ports and Special Economic Zone Ltd (APSEZ) handled 450 million metric tonnes (MMT) of cargo in FY 2024-25, marking a 7 per cent year-on-year growth, it was announced on Wednesday.
-
"India's Financial System Diverse, Driven By Rapid Economic Growth": IMF Report
The report observed that India's insurance sector is strong and growing, with a significant presence in both life and general insurance.
-
Committed To Bring Normalcy In Manipur, Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the central government is committed to bringing normalcy to Manipur and assured all support for the economic growth of the state.
-
How New Immigration Bill Tries To Balance National Security, Economic Growth
Tackling the problem of illegal migration into India and tracking the movement of overstaying foreigners would be simplified with the new Immigration and Foreigners Bill, officials said on Wednesday.
-
India's Economic Growth To Exceed 6.5% In FY26: Moody's
Moody's Ratings on Wednesday said India's economic growth will exceed 6.5 per cent in the next fiscal, up from 6.3 per cent this year, on higher government capex and consumption boost from tax cuts and interest rate reduction.
-
India Looking For Good Trade Agreement With US, Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said India is looking for a "good" trade agreement with the US to promote economic growth and ensure smooth supply chains.
