Economy

IMF raises 2024 economic growth outlook

The International Monetary Fund (IMF) on Tuesday edged its forecast for global economic growth higher,… Read More

Germany: Recession on cards for Q1

Germany's economy shrank in the final three months of 2023, the statistics office said on… Read More

China sees one of its worst years of growth since 1990 as recovery stalls

China's economy last year grew at one of its slowest rates in more than three… Read More

‘Precarious year ahead for world economy’

The global economy faces a year of subdued growth prospects and uncertainty stemming from geopolitical… Read More

UK recession might be under way

LONDON: UK's economy might be in a recession, according to data that showed it shrank… Read More

Britons are avoiding trips to hairdressers and coffee shops

LONDON: Cash-strapped Britons are avoiding expensive trips to the hairdresser and coffee shops to save… Read More

UK economy hits reverse in October: data

UK economy shrank by more than expected in October in a broad-based decline, official data… Read More

India to be world’s third-largest economy by 2030

BENGALURU: India will remain the fastest-growing major economy for at least the next three years,… Read More

Global banks face negative outlook

LONDON: Sluggish global growth, a higher risk of borrowers defaulting on loans and pressure on… Read More

Global economy to slow down but likely avoid recession

Some major banks expect global economic growth to ease further in 2024, squeezed by elevated… Read More

Emerging Economic Powerhouse: A Deep Dive into Pakistan’s Significant Growth Across Various Sectors

In recent times, Pakistan has been experiencing a remarkable upswing in various sectors, paving the… Read More

Pakistan to work for technology development to uplift economy: Umar

ISLAMABAD: Caretaker Minister for Science, Information Technology and Telecommunication Dr. Umar Saif says government is… Read More

World Cup 2023: Crazy fans set to add a kicker to India’s economy

Match tickets selling for up to 50,000 Indian rupees ($600) a pop. Flights to get… Read More

Debt-laden companies can fail en masse in 2024; here’s why

Debt-laden companies across Europe, Middle East and Africa face a $500 billion refinancing scramble in… Read More

Pakistan’s Trillion-Dollar Economic Revival: IMARAT’s Vision 2047 Showcased Globally

With 70% of overseas Pakistanis channeling their remittances into the property and contributing USD12 billion… Read More

Pakistani economy is tanking while global economy is picking up

It is indeed ironic to observe that while the global economic situation is recovering from… Read More

Fragile economic position despite dollar control measures

The extreme volatility in the stock exchange is supposedly a barometer of the economic activity… Read More

Economy plagued by devaluation and inflation

The fact that the pricing index is going up since a considerable time now is… Read More

Thailand plans fuel price cuts to revive economy

Thailand's new government plans to give each citizen a 10,000 baht ($282) handout, delay debt… Read More

India’s economy grows at fastest pace in a year

India's economy grew at its fastest pace in a year in the June quarter, supported… Read More