The UNCTAD report also said that it expects South Asia to contract 4.8 per cent and South-East Asia to dip 2.2 per cent. South Asia is expected to recover 3.9 per cent in 2021, while South-East Asia is expected to pull up 4.3 per cent

India Stock Market Highlights Today: HCL Tech, followed by L&T, M&M, Tech Mahindra, Maruti, TCS, Asian Paints, Infosys and HDFC Bank were among the top gainers today. On the other hand, ONGC, Nestle India, SBI, ICICI Bank and IndusInd Bank were among the laggards

Tata Motors was the largest spender on R&D in FY20 with investment of Rs 3,100 crore, which amounts to 7.10 per cent of its total revenue

The mandate means Ardern, 40, could form the first single-party government in decades, and face the challenge of delivering on the progressive transformation she promised but failed to deliver in her first term

The Trump administration reported Friday that the deficit for the budget year that ended on Sept. 30 was three times the size of last year's deficit of $984 billion

Subramanian said GDP per capita is only an 'estimate' for one 'indicator' of the average standard of living in a country. He said that there are many other indicators that must be taken into account to grasp the bigger picture

S&P's sovereign group managing director Roberto Sifon-Arevalo said that the immense costs of supporting health systems, firms and workers through the pandemic was fundamentally altering some countries' finances for the worse

Several critical high-frequency indicators show that in August and September the improvements noticed in June and July reversed; high-frequency data, in any case, tells the story of organised sector but not unorganised sector contributing 45% to GDP

India Stock Market Highlights Today: Tech Mahindra, followed by HCL Tech, TCS, ICICI Bank, Bajaj Finance and ITC were among the top losers on Sensex today. On the other hand, Tata Steel, ONGC, NTPC, Asian Paints, M&M, Nestle India and Bharti Airtel were among the gainers

Speaking at a news conference here during the ongoing annual meeting of the IMF and the World Bank, Georgieva said on Wednesday that focusing on protecting people and on the health of the population remain a priority for India

In its latest World Economic Outlook report, IMF estimated India's economy to contract 10.3 per cent in 2020, pushing it below Bangladesh in terms of per capita GDP

Tamil Nadu is the latest state to join the bandwagon to raise an additional amount of Rs 9,627 crore through open market borrowings

IMF estimates that the per capita GDP of India will increase from $1,876 in 2020 to $2,729 in 2025, while Bangladesh's per capita GDP, $1,887 in 2020, will rise to $2,756 by 2025

The IMF forecast a 2020 global contraction of 4.4% in its latest World Economic Outlook, an improvement over a 5.2% contraction predicted in June, when pandemic-related business closures reached their peak

Gross domestic product (GDP) shrank 7% in July-September on a year-on-year basis, Singapore's Ministry of Trade and Industry said

According to International Monetary Fund (IMF)-World Economic Outlook (WEO), Bangladesh is going to pip India as its per capita GDP in dollar terms is likely to expand 4 per cent in 2020 to $1,888

The government on Tuesday gave permission to 20 states to raise an additional Rs 68,825 crore through open market borrowings

India has learnt that growth in GDP does not automatically translate into growth in jobs and that GDP growth does not necessarily mean well-being of a vast majority of population. It needs to put these experiences into work and frame appropriate policy responses to the job crisis

For the second time in a row, RBI maintained status quo in the face of high inflation, and left the repo rate unchanged but maintained an accommodative stance

The Congressional Budget Office released the unofficial 2020 figures Thursday, saying the deficit equaled 15% of the U.S. economy, a huge gap that was the largest since the government undertook massive borrowing to finance the final year of World War II