Policies are Meant for Growth not for Impairment
South Africa Averts Recession South Africa Averts Recession. South Africa’s economy, after a decline in the GDP growth rate in the third quarter (Q3) of 2023, has averted a technical recession in the fourth quarter. Thanks to fewer rotational power cuts, which helped energy-intensive industries (including mining) rebound. In this article we are going to …
Second Advance Estimates and Quarterly Estimates of National Income 2023-24 – An Overview On 29th February 2024, the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) released its Press Note on the Second Advance Estimates (SAE) of National Income, 2023-24; Quarterly Estimates of Gross Domestic Product (GDP) for October-December quarter (Q3) of …
Japan Slip into the Recession – Can Japan Recover in 2024? Many may be aware that Japan Slip into recession. In this article, we are going to find out how did Japan Slip into recession and can Japan recover from it in 2024. On 15th Feb 2024, government data released showed that Japan has not …
Japan Slips into Recession On Thursday (i.e. 15th Feb 2024), as government data released, Japan slipped into recession and also slipped into the world’s fourth-largest economy. The Quarterly Data showed that it unexpectedly shrank for a second straight quarter on weak domestic demand. This now leads to uncertainty about the Central Bank’s (i.e. Bank of …
InTrest Rate Unchanged and Focuses on Withdrawal of Accommodation On 10th February 2024, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), has announced its Monetary Policy Statement. MPC keeps interest rate unchanged. Let us see the MPC statement now. Interest Rate Unchanged – Monetary Policy Statement,February, 2024 MPC has kept the …
What is Vote on Account Budget ? – Union Budget 2024-25 Highlights On 1st February, 2024, India presented its Interim Budget (which is almost same as Vote-On-Account). Finance Minister Nirmala Sitharaman became the second finance minister to present the budget for sixth (“6”) time (five Annual budget and one interim budget) after Former Prime Minister …
Foreign Direct Investment –An Overview Welcome to another Back to School article. It’s been long time to get some basic topics to get refreshed. For any Economy Foreign Direct Investment (FDI) is one of the important factor for their economic growth. FDI helps Indian economy to create more jobs along with developing technological know-how and …
Global Economy to Witness Slowest Half-Decade Growth in 30 years – World Bank Report On 9th January, 2024, the World Bank has released its latest Global Economic Prospects report. The report talks about global economic activity, monetary policy, financial conditions and trade growth. A drastic slowdown in 2022 – due to pandemic following by another decline …
What to Look Out for in 2024 – Indian Economy Bye Bye 2023. Welcome 2024! Indian economy has gone through many ups and downs last year. This year it is going to be more critical as not only economically but also politically as India will face National Election. The results of these elections will be …
General Government Debt – A Brief Analysis According to economics literature, Debt and Monetary financing are the sources of financing fiscal deficit. Debt consists of domestic and external borrowing. For any Economy Public Debt is one of the major factors (or say indicator) which shows the health of the economy. Many economies around the world …
