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Tag: Economy

How China can overcome its deflationary trap and revive its economy

China, the world’s second-largest economy, has been struggling with a slowdown in growth and rising debt levels for years. Recently, it faced another challenge:...

US Treasury expects to run out of cash by June 5

The US Treasury Department has warned that it will exhaust its borrowing authority and run out of cash by June 5 unless Congress raises...

India’s Economic Boom: How It Will Become a Global Superpower by 2031

India is a country that has been attracting the attention of investors and businesses around the world for its impressive growth and potential. But...

PBOC officials propose steps to prevent financial risks in China

2 April: The PBOC urges faster enactment of the Financial Stability Law and other legal measures to enhance financial risk management, according to an...

Tokyo’s inflation rate hits highest level in FY2022 since 1980s

31 March: Tokyo residents have faced a sharp increase in the cost of living over the past year, the biggest since the early 1980s,...

Pakistan Govt. orders to shut Malls and Markets early to Curb Economic Crisis

ISLAMABAD, Jan 3 - Pakistan's government has ordered the closure of all shopping malls and markets until 8:30 p.m. among other measures in a...

India becomes favorite investment destination for billionaires, economic boost expected

India has emerged as one of the leading investment destinations for billionaires worldwide, according to the UBS Billionaire Ambitions Report 2022. The report is based...

Global Economy will escalate if Ukraine Conflict Ended, Russia Sanctions Lifted: Sputnik

WASHINGTON - The world economy would rise if the Ukraine conflict ended and sanctions imposed on Russia were lifted, former Virginia state senator Richard...

Last day to file income Tax returns today

ITR Filing Deadline: If you are a business owner and have not yet filed your income tax returns for FY 2021-22 and 2022-23,...

Japan starts printing redesigned banknotes with new portraits

Japan finished printing in September the current ¥10,000 banknote featuring a portrait of prominent educator Yukichi Fukuzawa, the Bank of Japan said Friday, and...

How Political Freebie kills economy; need for a ban

The economic drop during covid has led to an unexpected and robust efforts of global competition to cope up with financial backlogs post-covid. Governments...

Japan’s new Economic Package to cross $198.6 Billion: NHK reported

Japan's new economic package could exceed 29 trillion yen ($198.6 billion) against a background of soaring prices of utilities, food, and fuel, Japanese broadcaster...

New U.K. PM Rishi Sunak warns of ‘profound economic challenge’ in First Speech

Rishi Sunak has warned that the UK faces a "profound economic challenge" as it prepares to take power after emerging victorious in the race...

Gross Direct Tax Collection Increased 23.8% to Rs. 8.98 lakh crore

The gross collection of direct taxes till October 8 stood at Rs 8.98 crore, which is 23.8 percent higher than the gross collection for...

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