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    China sees room to lower reserve requirement ratio, says CB official

    China sees room to lower reserve requirement ratio, says CB official

    07 Sep 2024

    China still sees some room to lower the amount of cash banks must hold as reserves, a central bank official said, adding that the lender will continue to implement policies...

    India’s foreign exchange reserves hit fresh high of $684 billion

    India’s foreign exchange reserves hit fresh high of $684 billion

    06 Sep 2024

    India’s foreign exchange reserves increased by US$2.299 billion, reaching a fresh record high of $683.987 billion, during the week that ended on 30th August, according to data released by the...

    India’s GDP to expand 7.2% despite lower Q1 growth

    India’s GDP to expand 7.2% despite lower Q1 growth

    05 Sep 2024

    Despite the moderation seen in India’s first quarter gross domestic product growth (GDP), the South Asian economy is likely to achieve full year growth of 7.2% as projected, the Reserve...

    Amazon says exports from India-based sellers to cross $5b in 2024

    Amazon says exports from India-based sellers to cross $5b in 2024

    05 Sep 2024

    Amazon Inc expects to help Indian exporters sell about $5 billion worth of small-ticket items through its platform this year in markets such as the United States and Britain, up...

    Business activity in Egypt rises for the first time in three years

    Business activity in Egypt rises for the first time in three years

    03 Sep 2024

    The S&P Global Egypt PMI signalled a fresh expansion in the non-oil private sector economy in August, as businesses raised their output levels for the first time in exactly three...

    India’s real GDP grew by 8.2 per cent in financial year 2024

    India’s real GDP grew by 8.2 per cent in financial year 2024

    31 Aug 2024

    V Nagarajan India’s real GDP grew by 8.2 per cent in the financial year 2024 (FY24), surpassing the 7.0 per cent growth in FY23. Domestic inflation dropped to a...

    India outperforms other major economies even as growth slows

    India outperforms other major economies even as growth slows

    30 Aug 2024

    India’s economic growth slowed to 6.7% year-on-year in the April-June quarter as a decline in government spending during national elections weighed, data showed on Friday, but it remained the world’s...

    Ambani says India’s Reliance to more than double in size before end of decade

    Ambani says India’s Reliance to more than double in size before end of decade

    29 Aug 2024

    India’s Reliance Industries is on track to more than double in size before the end of the decade, its billionaire-chairman Mukesh Ambani told shareholders on Thursday. Reliance, which is...

    India's bio economy to hit $300 billion by 2030 under new government policy

    India's bio economy to hit $300 billion by 2030 under new government policy

    28 Aug 2024

    India's bio economy has grown by 13 times in the last decade and is expected to grow more than double its present size by 2030, said Jitendra Singh, the...

    Canada imposes a 100% tariff on imports of Chinese-made EVs

    Canada imposes a 100% tariff on imports of Chinese-made EVs

    26 Aug 2024

    Canada’s government on Monday announced it is imposing a 100% tariff on imports of Chinese-made electric vehicles that matches US tariffs and follows similar plans announced by the European Commission....

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