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New Delhi: India’s economy stands at the threshold of history, poised to surpass the $4 trillion mark this fiscal year, according to Chief Economic Advisor (CEA) V. Anantha Nageshwaran. He emphasised that India, which is presently the world’s fifth-largest economy with a GDP of $3.9 trillion, is on track to achieve unprecedented growth despite a…
China Investment Slump: For over two decades, China has been the engine driving global economic growth. Today, that engine is showing signs of strain. The country’s economy is grappling with multiple challenges, from plummeting investment to a real estate crisis that refuses to abate. It raises doubts about Beijing’s ability to sustain growth at previous…
Last Updated:January 18, 2025, 10:09 IST The IMF, however, says the country’s economic growth has slowed more than anticipated, led by a sharper-than-expected deceleration in industrial activity. The global growth is projected at 3.3 per cent in 2025 and 2026, below the historical (2000–19) average of 3.7 per cent, according to the IMF. The International…