Economic Growth News


China Takes a Fancy to Yield Control

Beijing is displeased with very low market interest rates and has amassed the firepower to combat the bond rally. 

3 min read10 Jul 2024

Colombian Central Bank Defies Petro and Cuts Rate to 11.25%

Colombia’s central bank cut its benchmark interest by half a percentage point to 11.25% on Friday, defying government pressure to accelerate the pace of monetary easing to revive economic growth.

1 min read29 Jun 2024

Morocco central bank cuts interest rate, sees inflation falling

MOROCCO-RATES/ (UPDATE 2):UPDATE 2-Morocco central bank cuts interest rate, sees inflation falling

1 min read25 Jun 2024

Budget 2024 | Finance Ministry may cut income tax for lower-income individuals, first such move in seven years: Report

Budget 2024: Individuals with annual earnings of ₹5-15 lakh — currently taxed anywhere from 5-20 per cent — could be beneficiaries of the reduction, sources said. They added that a new tax slab may also be considered.

2 min read21 Jun 2024

Fitch raises India’s growth forecast for FY25 to 7.2% from 7%

Further, for the fiscal years 2025-26 and 2026-27, Fitch Ratings has projected growth rates of 6.5 per cent and 6.2 per cent, respectively.

1 min read18 Jun 2024

Serbia Plans Sustainable Bond Debut Amid Push for Rating Upgrade

Serbia is looking to tap markets with an inaugural sustainable bond sale to take advantage of a resilient economy which has brought the Balkan nation closer to gaining an investment credit rating.

1 min read4 Jun 2024

China’s $538 Billion Deposit Exodus Supercharges Rally in Bonds

China’s efforts to bolster economic growth by reducing the allure of bank deposits has driven a record exodus from cash, with a big proportion of that going into bonds and wealth management products.

3 min read24 May 2024

Adani eyes 3 global ports, prepares $3 billion cash chest

Adani Group is planning to invest up to $3 billion in the next two years to expand international ports business, primarily via acquisitions as the Ahmedabad-headquartered conglomerate aims to create a prominent presence in the crucial international business route connecting Europe and the US traversing Central and West Asian nations

5 min read22 May 2024

‘Not very sure how GDP numbers are coming..’ Asian Paints CEO Amit Syngle says it does not ‘correlate with core sectors’

Asian Paints MD and CEO Amit Syngle said the GDP correlation has gone for a toss in the current year. The GDP numbers being talked about do not seem to correlate to core sectors such as steel and cement.

2 min read15 May 2024

Is Noida Economy Hyped? Local Youngsters On City’s Job Opportunities, Infra, Real Estate, & Economy

Is Noida Economy Hyped? Noida Youngsters On City’s Development Infra, Jobs, Real Estate & State Of Economy MINT goes out on the street and talks to youngsters and some middle age people on the work done by politicians in the area the state of the local economy, infrastructure and job opportunities in the area

26 Apr 2024
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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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