London CNN Business — Across the United Kingdom, businesses and households are warning that they won’t make it through the winter without help from the government. That sets up enormous challenges for the incoming prime minister, who will be announced this week. For months, the United Kingdom has endured a leadership vacuum while the country … Read more
(This story originally appeared in on Jan 30, 2022) The PM Narendra Modi-led BJP government is all set to present its 10th Union Budget since coming to power in 2014. In this year’s budget, the focus will largely be on the measures announced by the government to fasten the pace of economic growth. India’s economy … Read more
In a mixed bag of economic indicators, India’s factory output expanded after a six-month gap in September as the economic recovery gathered pace. However, retail inflation climbed to an above six-year high in October, driven by higher food prices, ruling out further monetary easing. Industrial production, as measured by the index of industrial production (IIP), … Read more
New Delhi: Ratings agency ICRA on Thursday said that the high frequency lead indicators for August suggest a fragmented recovery of the Indian economy is underway. “The year-on-year performance of 11 of the 16 available indicators staged a pickup in August relative to July,” said Aditi Nayar, principal economist, ICRA in a report on the … Read more