India All Set To Become New Growth Engine, Not China: S&P
Asia has been going through some significant changes in the last few years; one of the major changes happening is the shifting of the global manufacturing hub from China to India. Many companies, including giants like Apple and Tesla, are also looking to establish manufacturing units in India. Apple has even started pumping out its…
Abdullah Ansari
UK Economy Is Expected To Shrink in 2023- IMF
The International Monetary Fund (IMF) recently predicted that the UK would be the only economy to shrink in 2023. According to the economic forecast report published by the IMF on Monday, the UK can experience a significant decline in its economy and perform worse than Russia. Experts also forecasted that the economy is expected to…
Sumit
IMF Predicts India, China To Lead Global Economy in 2023
The International Monetary Fund(IMF) predicted that India and China would account for half of the global growth in 2023. According to the latest outlook of the IMF, India will remain the bright spot along with China in the global economy. Both countries witnessed a strong recovery from the Covid19 slowdown and noticed faster economic growth. According…
Aman Goyal
Oil Price Dips Amid of China’s Crude Demand In 2023
The global oil market noticed a dip in crude oil prices amid the hope of China’s reopening from the economic slowdown. The Asian trade market noticed a 0.4% decline in Brent crude oil, around 36 cents. On the other hand, West Texas Intermediate crude was $76.65 per barrel, which fell 21 cents. As China lifts…
