India's unemployment rate decreased to 6.43% in September 2022, the lowest level since August 2018, and after reaching a one-year high of 8.3% in August 2022, according to the most recent data provided by the think tank Centre for Monitoring Indian Economy (CMIE)
19 Dec 2022The US Federal Reserve cut interest rates again on 18 September the second such cut since July – and the first reductions since the Great Recession more than 10 years ago. Does it mean that global recession is ahead? What does it mean for emerging markets like India? Will it impact FII investment in India? Mint's Nasrin Sultana speaks to Matt Wacher, CIO, Asia Pacific, Morningstar Investment Management Group about emerging funds and more. Listen in.
26 Sep 2019China's economic expansion produced an eruption in private wealth across Asia, where almost 2,000 people become millionaires each day. In 2015, the Asia-Pacific region overtook the US in assets held by millionaires
19 min read24 Nov 2018In conversation with MoS (civil aviation) Jayant Sinha, Inklude Labs chairman Narayan Ramachandran and Asian Development Bank's former vice-president Lakshmi Venkatachalam on the 2008 financial crisis
19 min read20 Sep 2018The banking system's overhang of NPAs is another full-blown financial crisis in India that stymies growth and shows no signs of an early resolution.
4 min read16 Sep 2018Goldman Sachs, Wells Fargo and JPMorgan employees reaped about $12.5 billion from stock options since 2008 crisis as bank stocks rebounded smartly
4 min read12 Sep 2018Ten years after the 2008 financial crisis, more, not less, financial sector reform is urgently needed in India
10 min read17 Sep 2018Down 8% from their 2007 peak, financial stocks are the only major group in the S&P 500 Index that has yet to fully recover from the bear market
3 min read11 Sep 2018It is hardly a stretch to suggest that US President Donald Trump's election was a direct result of the Great Recession
6 min read11 Sep 2018Large number of bad loans originated during 2006 to 2008 when economic growth was strong: Raghuram Rajan
2 min read11 Sep 2018The 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