Japan slips to world’s 4th largest economy, behind U.S., China, Germany
Latest economic data for October-December revealed a 0.4% Japanese economy's annual contraction and a 0.1% decline from the previous quarter in Japan.
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India runs on too few cylinders to replace China's sputtering growth engine: HSBC
Even with China's growth slowing, and India's accelerating, the gap between the two economies will continue to rise for the foreseeable future, says HSBC
S&P retains India’s FY24 GDP forecast at 6% on slowing world economy
The growth estimates for India are lower than the government and the RBI's forecast of 6.5% growth in FY24
India to grow fastest in Asia-Pacific at 6% in FY24: S&P
S&P sees the fastest growth at about 6% in India, Vietnam, and the Philippines; forecasts inflation to soften to 5% in FY24
China not the only weak link in global economy, India too facing decline in exports: Moody's
India suffered a year-on-year decline in the value exports in October.
IMF projects breather for South Asia with India GDP boost in 2022
IMF says the "sharp and uncharacteristic” slide in the Chinese economy will drag Asia’s GDP growth down by 0.9 percentage points in 2022 and by 0.8 percentage points in 2023.
'Worst is yet to come': IMF cuts India’s growth forecast to 6.8% in FY23
IMF expects over a third of the global economy to contract this year or next. It says whree largest economies — the United States, the European Union, and China — will continue to stall.
ADB cuts India GDP growth forecast to 7% for FY23
India's GDP estimates for FY24 also slashed to 7.2% from 8.0%; ADB says inflation will remain elevated in this, next fiscal year
As China faces headwinds, India likely to benefit: SBI
Apple's decision to shift production of its flagship iPhone 14 model to India should open the floodgates for other major conglomerates to follow suit, says SBI.
Covid effect: China’s economic growth slumps to 0.4% in June quarter
China’s GDP fell 2.6% on a quarter-on-quarter basis, while it stood at 2.5% for the first half of the year.
