Global Economic Prospects 2019

The Global Economic Prospects 2019 released by the World Bank makes the following observations: Global real GDP growth forecast has been reduced to 2.6% for 2019. The estimate was down by 0.3%age points from its previous forecast in January. There ..

Manufacturing Sector PMI Rises

The Nikkei India Manufacturing Purchasing Managers Index (PMI), improved to 52.7 in May from 51.8 in April. It was the strongest improvement in the health of the sector in three months. Purchasing Managers Index The Purchasing Managers’ Index (PMI) presents ..

India s GDP Growth Rate Reduces

India s GDP growth rate witnessed a slowdown. This has raised the prospect of fiscal stimulus and a rate cut. GDP Growth Rate India grew at a much slower-than-expected 5.8 per cent in the last quarter of the financial year ..

Data on Unemployment

The data from the labour force survey from the National Statistical Organisation (NSO) makes the following observations about the unemployment trends in the country: The unemployment rate was 6.1 per cent of the total labour force during 2017-18 which was ..

IMD World Competitiveness Rankings 2019

The IMD World Competitiveness Rankings are released by the IMD Business School evaluate countries on their ability to foster an environment where enterprises can achieve sustainable growth, generate jobs and increase welfare for its citizens. It takes into account 235 ..

US takes India off Currency Watch List

The US government has removed India from its currency monitoring watchlist. The countries in the list will be closely monitored by the US for the potential questionable foreign exchange policies. Currency Watch List The US includes major trading partners in ..