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Economic growth

Vote counting to start, Modi’s BJP projected to win

by Vera Ward
Vote counting to start, Modi’s BJP projected to win

Supporters of the ruling Bharatiya Janta Party (BJP) holding cut-outs of India’s Prime Minister a Narendra Modi during an election campaign rally in Amritsar on May 30, 2024.  Narinder Nanu …

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Economy expands 7.8% in Q4, lifting FY24 growth to 8.2%

by Ron Morgan
Economy expands 7.8% in Q4, lifting FY24 growth to 8.2%

NEW DELHI: India’s growth surged to 8.2% in FY24, riding a better-than-expected 7.8% expansion in the March quarter on the back of robust manufacturing, provisional estimates released on Friday showed, …

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China property: too soon to call Beijing’s rescue package a ‘game changer’, JPMorgan says

by Anas Siddiqui
China property: too soon to call Beijing’s rescue package a ‘game changer’, JPMorgan says

Investors will need to see more positive signals from China’s property market before calling a stabilisation in the industry, as the unprecedented bailout package introduced last week may be insufficient …

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Strong sales growth for entry-level two-wheelers in H2 of FY24; big relief for automakers

by Horatio Thompson
Strong sales growth for entry-level two-wheelers in H2 of FY24; big relief for automakers

New Delhi: In a relief to automakers, sales of entry-level twowheelers — mostly bought by rural consumers — rose in strong double digits in the second half of FY24, underscoring …

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Eli Lilly, 3M, PayPal, Tesla and more

by Walter Watson
Eli Lilly, 3M, PayPal, Tesla and more

Check out the companies making headlines in midday trading. Eli Lilly — Shares added 5% after Eli Lilly, maker of the Mounjaro diabetes and weight loss drug, beat analysts’ expectations …

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Policy continuity for strong economic growth, Nomura says

by Walter Watson
Policy continuity for strong economic growth, Nomura says

Laborers work at a coastal road project construction site in Mumbai on January 12, 2022. Punit Paranjpe | Afp | Getty Images Optimism in India’s growth shows little signs of …

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Meaty economic indicator? China’s distressed pig farmers eye turnaround

by Anas Siddiqui
Meaty economic indicator? China’s distressed pig farmers eye turnaround

Chinese farmers are keeping the fewest pigs for breeding since 2020, offering hopes that the industry is on the cusp of sustained profitability after years of losses. Key indicators point …

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Opinion | How sustainability is driving China’s next economic transformation

by Walter Watson
Opinion | How sustainability is driving China’s next economic transformation

There was some good news for China’s economy this week, with first-quarter gross domestic product (GDP) figures better than expected. However, structural and cyclical issues persist, and the consequences of …

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How the U.S. government is regulating AI

by Edgar Davis
How the U.S. government is regulating AI

The U.S. government is considering laws to help society adapt to the introduction of artificial intelligence. Early users of the technology are already seeing labor productivity gains. For example, Klarna, …

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India’s market cap can ‘easily’ jump ten-fold in the next two decades, economist says

by Walter Watson
India’s market cap can ‘easily’ jump ten-fold in the next two decades, economist says

After overtaking Hong Kong’s stock market in December, India currently has the fourth largest in the world, and is now valued at over $4 trillion. Javier Ghersi | Moment | …

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