China GDP

BEIJING: China’s economy lost more steam in June with manufacturing activity contracting again and other sectors failing to build momentum, as calls grow for more policy support.The official manufacturing purchasing managers’ index…

ISLAMABAD: Pakistan PMShehbaz Sharif met IMF MD Kristalina Georgieva in Paris on Thursday for release of halted funds ahead of the credit line’s expiry next week. The Paris pitch came amid claims back home that Shehbaz’s finance minister…

MUMBAI: Singaporean lender DBS' Indian subsidiary on Tuesday announced that its net profit grew 36.52 per cent to Rs 228 crore in FY23. The lender, among the first few foreign banks to operate as a wholly-owned subsidiary, had reported a…

MUMBAI: The Rs 2,000 note withdrawal decision and response to it so far suggest that the move can help boost FY24 GDP growth to beyond 6.5 per cent estimated by the RBI, a report said on Monday.The real GDP growth for the first quarter of…

India production-linked incentive (PLI) scheme for mobile phones appears to be working well. According to a report from Bank of America (BofA), India might soon grab a larger slice of Apple’s global iPhoneproduction. The report suggests…

NEW DELHI: Petroleum minister Hardeep SinghPuri on Saturday said oil companies will be in a position to look at the issue of reducing prices of petrol and diesel if the international crude cost remains stable and they have a good next…

China’s exports fell 7.5% from a year earlier in May and imports were down 4.5% due to global headwinds File (representational image) | Photo Credit: AP China's exports fell 7.5% from a year earlier in May and imports were down 4.5%,…

NEW DELHI: RBI’s decision to leave key interest rates unchanged is expected to help the ongoing recovery in the real estate sector, experts said on Thursday. NiranjanHiranandani of Hiranandani Group and National vice-chairman of Naredco…

MUMBAI: Lending by non-banking finance companies is losing momentum in the fourth quarter of FY23, with overall sanctions growing only 2% year on year. Also, loans in the rural areas have been holding up NBFC lending, with both semi-urban…

NEW DELHI: Demand for transportation fuels surged in May after remaining in the slow lane for two months, propelled by manufacturing activity expanding at the quickest pace in 31 months, thriving auto sales, onset of summer travel and…