The country's real gross domestic product (GDP) is likely to maintain a nine per cent growth rate in fiscal 2022 and 2023, amid concerns over the Omicron variant of Covid-19, says a report. The Indian economy grew at 8.4 per cent in the second quarter of the current fiscal, as against a growth of 20.1 per cent in the April-June quarter. "We are maintaining our forecast of a
The US Federal Reserve is poised to end its bond-buying stimulus program early to prepare to combat inflation with interest rate increases. Here is a look at the key dates in the so-called quantitative easing (QE) program: - November 2008: At the height of the global financial crisis, and after cutting the benchmark interest rate to zero, the Federal Reserve announces it will
Employability in the country has improved this year as 46.2 per cent of the youth were found highly employable against the last year's 45.97 per cent mainly led by IT, education, financial services sectors, according to a report. According to India Skills Report 2022 by Wheebox, overall 46.2 per cent of the youth were found to be highly employable against last year's
India stands out as a poor and very unequal country, with the top 1 per cent of the population holding more than one-fifth of the total national income in 2021 and the bottom half just 13 per cent, according to a report. The report, titled 'World Inequality Report 2022', has been authored by Lucas Chancel, co-director of the World Inequality Lab, and
India's gross domestic product (GDP) for the second quarter of FY22 has shown a growth of 8.4 per cent from a 7.4 per cent contraction in the previous year, according to government data.