economy

News and Trends

Sitharaman Attributes Reduced Capital Expenditure for Q2 Slowdown, Believes Q3 to Make Up for the Slump

Finance Minister Nirmala Sitharaman addressed concerns about the recent economic slowdown at a recent event saying the slump is only temporary, attributing it to reduced public and capital spend, and added that the third quarter will compensate for the slowdown.

News and Trends

Economic Activity in India Improved to an 8-Month High of 10.1% in October

October 2024 also registered a robust 9.9 per cent month-on-month (MoM) growth, surpassing the 6.5 per cent MoM increase observed in October 2023.

News and Trends

India's Economic Vision: From $3.5 Trillion to $35 Trillion by 2047, Says Commerce Minister Piyush Goyal

Former Minister Suresh Prabhu added that under Modi's leadership, India is now recognized as a low-risk environment for international investment, enhancing its appeal in global markets

News and Trends

OECD Forecasts Higher Growth for India Amid Global Economic Resilience

The report anticipates India's growth to further increase to 6.8 per cent in FY 2025-26, up by 20 basis points from its earlier forecast.

Business News

This Is the One Major Concern Small Business Owners Have Ahead of the Presidential Election, According to the Chamber of Commerce

Inflation has topped the list of concerns for small business owners for the second year in a row.

News and Trends

Bangladesh Crisis Presents Indian RMG Sector With $250 Million Monthly Export Opportunity: Report

The socio-political uncertainties prevailing in Bangladesh may result in global RMG (readymade garment) brands and retailers in India to gain around 6-8 per cent of Bangladesh's monthly export orders

Management

High Interest Rates Aren't Going Anywhere — An Economist Explains What This Means for the Cost of Doing Business

Unless the real interest rate drops, companies that borrow to raise capital can expect to keep paying high rates for quite a while. Here's what this is likely to mean for how they do business.

Thought Leaders

Starting a Business Is Impossible Without One Thing — and It's Not Cash

The importance of social capital, especially for startups, is more than just a cliche.

Business News

A Lot of Things Are Getting Cheaper. Here's Why You Probably Haven't Noticed.

With inflation still high on many items, everything still feels expensive — even as prices drop.

Business News

'This Is Personal': What Business Leaders Around the World Are Saying About Hamas' Attack on Israel

Business leaders worldwide on what the war could mean for oil prices, inflation, and the world economy.

Health & Wellness

This U.S. State Was Named Best for Business For the Second Year In a Row

CNBC just released its annual rankings for America's Top States for Business

Business News

'Big Short' Investor: SVB Crisis Is Accelerating Economic Slowdown

Danny Moses is pessimistic after Silicon Valley Bank's demise.

Business News

Jamie Dimon Says Soft Landing Possible for Economy, but Warns of 'Scary Stuff'

The JPMorgan CEO points out major threats to global stability, from trade wars to the Russia-Ukraine conflict.

Business News

Two Billionaires Are Rigging the Market. Here's How to Fight Back

The simple fact is the deck has been stacked against you like never before. Two unelected billionaires have undertaken to "reinvent" the American economy