The upcoming summit in Paris, where Premier Li Qiang of China and global leaders will convene, endeavors to tackle the predicament of debt burdens faced by economically disadvantaged nations and explore avenues for climate financing.

Analysts have cautioned that the unemployment in China’s youth rate might increase much more this summer, adding to the government’s difficulties in reviving the nation’s sluggish post-Covid economy. Chinese grads

Investments and Internal Trade (DPIIT) had devised a trading strategy to address the slowdown in the developed world, which is India’s major importer.

In the month of May, Indians will witness a consecutive second decline in India’s wholesale prices, primarily attributed to the decrease in commodity prices. According to government data, the wholesale price index (WPI) experienced a significant drop of 3.48%, surpassing economists’ expectations of a 2.35% decrease. This decline follows a 0.92% fall observed in April, indicating a continued alleviation of inflationary pressures. This article delves into the key factors that have contributed to the decline in wholesale prices and analyzes its implications for the Indian economy.

The Centre may reduce the number of official GDP estimates from six to four. According to the sources, the Statistics Ministry will begin this process next year.

The Monetary Policy Committee (MPC) has maintained its economic growth projections for the 2023-24 financial year at 6.5%. While the first two quarters are expected to deliver slightly more growth,

Das said that the MPC agreed to leave the policy rate steady at 6.5 percent at its monetary policy meeting. It was the same at the last (April) meeting.

In a recent statement, the Bank of Korea (BOK) expressed its preference for maintaining dollar liquidity rather than increasing its gold holdings for foreign exchange reserves. The BOK’s Reserve Management Group highlighted the need for a cautious approach in determining the gold-to-reserves ratio, citing various factors influencing their decision.

The dollar maintained its six-month highs against the yen and seven-week highs against the euro on Friday. This was driven by increasing optimism surrounding the U.S. debt ceiling negotiations and

Japan’s economy experienced a growth rate of 1.6% annually in the first quarter of 2023, as private demand rebounded following the easing of COVID-19-related restrictions. This positive performance surpassed market

Central area stocks swung to misfortunes and those in Hong Kong pared their development after the reports showed shopper spending and modern movement both developed at a more slow speed

India’s headline retail inflation is expected to continue its downward trend towards 4%, the midpoint of the Reserve Bank of India’s (RBI) target range, according to economists. This decline is