Economy

Berlin: A group of leading German economic institutes on Thursday slashed Germany's GDP growth forecast to 2.4% this year, citing the coronavirus pandemic...

New York: The global recovery from the COVID-19 pandemic has lost some of its steam, the International Monetary Fund (IMF) said in its latest update of the...

New Delhi: Referring to the Reserve Bank of India's (RBI) readings on the current growth of the Indian economy, the Confederation of Indian Industry (CII)...

Beijing: Chinese residents have opted for new ways to celebrate this year's National Day holiday amid COVID-19 prevention and control efforts, injecting...

Brussels: The European Union will invest 1 trillion euros ($1.1 trillion) in sustainable energy by 2030, European Commission President Ursula von der Leyen...

Shanghai: Fresh power cuts were enforced in China on Wednesday, as coal supply shortages combined with high electricity demand from manufacturers, industry...

Manila: The coronavirus disease (COVID-19) pandemic's resurgence in recent months has dampened investor sentiment in emerging East Asia even as...

New Delhi: Crude oil production during August totalled 2,519 thousand metric tonnes (TMT), down 5.9 per cent than the target and 2.29 per cent lower than...

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday the world is witnessing initial signs of recovery from the impact of...

Paris: The global economy is growing far more strongly than anticipated a year ago but the recovery remains uneven, exposing both advanced and emerging...