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Dell cuts 20,000-plus job in largest layoffs amid AI restructuring

The layoffs have created a tense atmosphere within the company, with employees anxiously awaiting potential job cuts. ...
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India can become $55 trillion economy by 2047 if...: IMF executive Subramaniam makes massive claims

Subramanian highlighted that an 8% real growth rate, coupled with a 5% inflation rate, would result in a nominal growth rate of 13% in Rupee terms. ...
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World Bank predicts 75-year journey for India to escape from middle-income trap

The middle-income trap occurs when a nation’s per capita income becomes stuck at around 10% of GDP per capita, approximately $8,000....
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Economic Survey 2023-24: India maintains growth rate of over 7 percent for third consecutive year

According to the Economic Survey 2023-24, India's real GDP grew by an impressive 8.2% in FY24, marking the third consecutive year of growth exceeding 7%. This growth can be attributed to stable consumption demand and steadily improving investment demand, which has driven the ec...
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All-India annual unemployment rate declining... FM Nirmala Sitharaman while presenting Economic Survey 2024

From a gender perspective, the Economic Survey reports a noteworthy rise in the female labour force participation rate over the past six years. Starting from 23.3% in 2017-18, the participation of rural women has notably increased, reaching 37% in 2022-23. ...
Mumbai

Wall Street looks upon USD 5 trillion Indian economy for profits it can’t find in China

India's economy is expanding at one of the world's quickest rates and can no longer be ignored by Wall Street....
Borge Brende

India to reach $10 trillion economy: WEF President Borge Brende

Acknowledging the substantial economic losses incurred globally due to cyberattacks, Brende urged vigilance in safeguarding against potential threats ...
Tata Group

Tata Group surpasses entire Pakistan’s economy, stands at $365 billion

At $365 billion, Tata Group has grown bigger in size as compared to entire Pakistan economy....
UK economy

UK Economy enters recession amid gloomy GDP figures

Figures released by the Office for National Statistics (ONS) revealed a 0.3 per cent decline in gross domestic product (GDP) between October and Decem...
Japan's economy

Japan drops to fourth-largest world economy post facing recession

Japan lost its spot as the world's third-largest economy and Germany claimed the spot. Read below to understand which factors lead to the decrease in ...
Germany

Germany adopts 4-day work week trial starting February 1, here's why

Ever wondered what it would be like if the weekends were longer? Germany has implemented a 4-day work week trial for six months. Read below to underst...
Jamie Dimon

US Elections 2024: JPMorgan CEO Jamie Dimon's stark warning on America's impending debt crisis

US Elections 2024: Dimon underscored that the debt-to-GDP ratio has surpassed 100%, with projections indicating a staggering rise to 130% by 2035....
US Economy

US economy sees surprising growth at 3.3% in quarter 4

The US economy defied expectations with a remarkable 3.3% growth in the fourth quarter of 2023, significantly exceeding the anticipated 2.8% expansion...
IMF approves loan to Pakistan

Vital lifeline: IMF approves 700M USD to debt ridden Pakistan

The Executive Board of the International Monetary Fund has approved the immediate disbursement of $700 million to economically embattled Pakistan afte...
Indian Economy

'India’s economy becoming one of world's fastest-growing…’, says Chinese daily

The Global Times article, from a key Chinese media outlet, acknowledged India's economic momentum, improved urban governance, and evolving internation...

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