Economy

Hefty Reserves, Budget Surplus and Low Debt: Russia Says It Will Beat Western Sanctions

If new sanctions target Russian energy companies, Russia would be ready to re-route its supplies to other markets, says the finance minister.

Feb 17, 2022

By Reuters

Cryptocurrency: India Imposes 30% Tax on Crypto Income, RBI To Introduce Digital Rupee in 2022-23

India to introduce new digital rupee in 2022-23.

Feb 1, 2022

By Trishna Das

Fed Signals Raising Interest Rates in March as Inflation Surges; Three Rate Hikes This Year?

The Fed is on track to conclude its asset purchase program in mid-March as it exits from the ultra-loose monetary policy enacted at the start of the pandemic.

Jan 15, 2022

By IANS

Gloomy Outlook for Global Recovery, World Economic Forum Survey Finds

Climate change was seen as the number one danger by respondents in the WEF's annual risks report.

Jan 11, 2022

By Reuters

Coronavirus

US economy expands 1.4% in fourth quarter; corporate profits fall

US Goods Trade Deficit Hits a Record as Exports Decline 2.1%

The goods trade deficit widened last month by 17.5% to $97.8 billion from $83.2 billion in October, the Commerce Department said.

Dec 29, 2021

By Reuters

World Economy to Top $100 Trillion in 2022; China to Overtake US in 2030

India looks set to overtake France next year and then Britain in 2023 to regain its place as the world's sixth biggest economy.

Dec 26, 2021

By Reuters

Coronavirus

US Senate Approves Raising of Debt Ceiling to $31 Trillion as Default Looms

The upper chamber on Tuesday voted 50-49 along party lines to raise the debt limit to roughly $31 trillion.

Dec 15, 2021

By IANS

Goldman Sachs Cuts US GDP Growth Forecast for 2022 Over Omicron Fears

The firm now sees 2022 gross domestic product (GDP) growth of 3.8%, down from 4.2% previously on a full year basis,

Dec 5, 2021

By Reuters

US Treasury Close to New Debt Ceiling, Government to Run Out of Cash in December

The debt ceiling is the entire quantity of cash that the US authorities is authorised to borrow to meet its current authorized obligations.

Dec 1, 2021

By IANS

Standoff Ends, US Democrats Pass $1 Trillion Infrastructure Bill

The "Build Back Better" package includes provisions on child care and preschool, eldercare, healthcare, prescription drug pricing and immigration.

Nov 6, 2021

By Reuters

US Manufacturing Sector Sees Robust Growth Despite Supply Chain Bottlenecks

The Purchasing Managers' Index (PMI) stood at 60.8 percent, down 0.3 percentage point from the September reading.

Nov 2, 2021

By IANS

Coronavirus

US Debt Default Most Likely to Happen Between Mid-Dec and Mid-Feb - Think Tank

The Treasury reached its new borrowing limit of $28.9 trillion on October 22, and is again financing the government through "extraordinary measures".

Oct 30, 2021

By IANS

US Economy Posts 2.0% Growth in Q3 Amid Pandemic and Supply Crunch

Treasury Secretary Janet Yellen says that on a 12-month basis, inflation will remain high into next year because of recent events.

Oct 29, 2021

By IANS

Coronavirus

IMF Projects China Economy to Grow 8% in 2021, India 9.5%; ASEAN are Laggards

The ASEAN-5 countries — Indonesia, Malaysia, the Philippines, Singapore, Thailand — are still facing "severe challenges" from a resurgent virus and weakness in contact-intensive sectors.

Oct 20, 2021

By IANS

China's Economy Posts Slowest Pace of Growth in a Year as Power Crunch and Property Crisis Worsen

Global worries about a possible spillover of credit risk from China's property sector have intensified as China Evergrande Group wrestles with more than $300 billion of debt.

Oct 18, 2021

By Reuters

Prev 5 6 7 8 9 10 11 12 13 14 Next

BLOGS AND FEATURES

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

By Reuters

Previous 1 of Next

Economy

Hefty Reserves, Budget Surplus and Low Debt: Russia Says It Will Beat Western Sanctions

Cryptocurrency: India Imposes 30% Tax on Crypto Income, RBI To Introduce Digital Rupee in 2022-23

Fed Signals Raising Interest Rates in March as Inflation Surges; Three Rate Hikes This Year?

Gloomy Outlook for Global Recovery, World Economic Forum Survey Finds

US Goods Trade Deficit Hits a Record as Exports Decline 2.1%

World Economy to Top $100 Trillion in 2022; China to Overtake US in 2030

US Senate Approves Raising of Debt Ceiling to $31 Trillion as Default Looms

Goldman Sachs Cuts US GDP Growth Forecast for 2022 Over Omicron Fears

US Treasury Close to New Debt Ceiling, Government to Run Out of Cash in December

Standoff Ends, US Democrats Pass $1 Trillion Infrastructure Bill

US Manufacturing Sector Sees Robust Growth Despite Supply Chain Bottlenecks

US Debt Default Most Likely to Happen Between Mid-Dec and Mid-Feb - Think Tank

US Economy Posts 2.0% Growth in Q3 Amid Pandemic and Supply Crunch

IMF Projects China Economy to Grow 8% in 2021, India 9.5%; ASEAN are Laggards

China's Economy Posts Slowest Pace of Growth in a Year as Power Crunch and Property Crisis Worsen

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut