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China’s GDP sinks to three per cent in 2022, second lowest in 50 years

China’s GDP sinks to three per cent in 2022, second lowest in 50 years

by AIP Online Bureau | Jan 17, 2023 | Eco/Invest/Demography, International News, Pandemic, Policy

Significantly this year, China’s GDP in terms of dollars declined from USD 18 trillion in 2021 to USD 17.94 trillion last year mainly due to a sharp rise of the dollar against RMB (the Chinese currency) in 2022 The slow pace was blamed mainly on the strictly...
India’s GDP growth estimated to slip to 7 pc in 2022-23: Govt data

India’s GDP growth estimated to slip to 7 pc in 2022-23: Govt data

by AIP Online Bureau | Jan 7, 2023 | Eco/Invest/Demography, Indian News, Policy, Risk Management

Financial, real estate and professional services segment is projected to grow at 6.4 per cent in the current fiscal, up from 4.2 per cent in 202-22 New Delhi: The Indian economy is estimated to grow at 7 per cent in the 2022-23 fiscal, down from 8.7 per cent a year...
India’s GDP nearing to $20 trillion, per capita income at $10k by 2047, says Bibek Debroy

India’s GDP nearing to $20 trillion, per capita income at $10k by 2047, says Bibek Debroy

by AIP Online Bureau | Jan 5, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

New Delhi: India’s GDP will be close to USD 20 trillion by 2047 and per capita income may reach USD 10,000 (at current value of USD), Bibek Debroy, chairman, Economic Advisory Council to the Prime Minister, said on Wednesday. Virtually addressing the inaugural...
India is a bright light economy, but key structural reforms needed for $10 trillion GDP: IMF chief economist

India is a bright light economy, but key structural reforms needed for $10 trillion GDP: IMF chief economist

by AIP Online Bureau | Oct 13, 2022 | Eco/Invest/Demography, Indian News

Pierre-Olivier Gourinchas, chief economist,IMF ”The way these digital tools can be deployed to improve financial inclusion or to facilitate access to administrative services, and things like that. And that is a testimony to the sort of innovation in that sector...
India’s GDP to grow at 7.4 pc in this fiscal: Sitharaman

India’s GDP to grow at 7.4 pc in this fiscal: Sitharaman

by AIP Online Bureau | Aug 27, 2022 | Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman,Union Finance Minister “India is still the fastest growing economy. We are definitely at the range of 7.4 per cent (GDP). The level will continue even the next year.” New Delhi: Highlighting the recovery of the economy and flow of...
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