South Africa’s economy estimated to grow 1.6%
The revision was due to weaker-than-expected outcomes in the third quarter of 2023, particularly in household consumption and fixed investment…reports Asian Lite
‘India could be $5 tr economy by 2025’
The Indian economy is expected to grow 7.3% in the current financial year 2023-24, remaining the fastest-growing major economy, the National Statistics
‘Global economy braces for slowest growth in 30 years’
The report signals that without significant reforms, the 2020s could be marked as a decade of missed opportunities…reports Asian Lite News The
World Bank Projects Global Economic Slowdown for Third Consecutive Year
After 6.2 per cent in 2021 which is attributed to a low base due to the Covid-19 pandemic, the World Bank estimates
UAE Leads Arab Economies in Competitiveness
This dominant performance, highlighted in the seventh edition of the AMF’s Arab Economic Competitiveness Report, underscores the UAE’s sustained progress across crucial
UK Inflation Eases to 3.9% in November
On a monthly basis, CPI fell by 0.2 per cent in November 2023, compared with a rise of 0.4 per cent in
Modi vows to make India world’s third-largest economy
The Prime Minister emphasised that the entire country is committed to building a developed India…reports Asian Lite News Prime Minister Narendra Modi
‘Current size of Indian Space Economy Around $8.4B’
Highlighting the major initiatives, the minister said the government should increase the share of the private sector in the Indian space economy…reports
Hunt to claim economy is ‘back on track’
The government is also hoping to incentivise work by shaking up the welfare system and increasing the national living wage, which will
Green Projects Could Boost GCC Economy to $13T by 2050
The UAE has invested more than US$40 billion in clean energy over the last 15 years, and has plans to invest an