Grim global situation casts shadow on Budget 2023

Ahead of the Union Budget for 2023-24, Budget makers have welcomed the global consensus view that India will remain one of the bright spots in calendar year 2023. Illustration: Dominic......

'Present crisis unlikely to affect China's economic power'

  The Chinese economy is likely to replace the United States of America as the world’s superpower by 2030, said Arvind Subramanian, the country’s chief economic advisor, here on......

Sick PSU banks can put you in trouble, IMF warns India

A further weakening in balance sheets of banks and companies might pose a risk to the nascent economic recovery, the International Monetary Fund’s (IMF) staff report on India has said. ......

RBI may 'kill excess demand' in economy in 6-8 months

With inflation remaining at elevated levels, central banks around the world, including the Reserve Bank of India (RBI), will kill excess demand in economy over the next six to eight months, sources......