Lauding India for becoming the fourth largest economy in the world, Prime Minister Narendra Modi remembered how excited the country was when it achieved the fifth spot, particularly because India had left its coloniser United Kingdom behind. PM Modi said now there is more pressure about becoming the third largest economy in the world.(PTI) Addressing…
If the United States and China – the world’s two largest economies – are heading into a major slowdown, the impact on India will be far more severe than anything the current tariff war might bring, Swaminathan Aiyar, , economist and consulting editor at ET Now, has warned. “If there is going to be a…
Last Updated:March 12, 2025, 08:30 IST Trump’s tariffs, including reciprocal tariffs worldwide and a more intense trade war with Mexico, Canada, and China, are a pivotal factor for rekindling fears of a recession It is expected that higher tariffs and a trade war would lead to higher inflation in the US. (AP Photo) The Wall…
India’s gross domestic product (GDP) figures for the July-September quarter of the current financial year shocked many. The Q2FY25 GDP growth rate was 5.4 per cent, the lowest in nearly two years. In the corresponding quarter last year, India’s GDP growth was an impressive 8.1 per cent, while in Q1FY25, the economy grew by 6.7…