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The Economist is a internationally reputed weekly magazine owned by the Economist Group. The Economist primary focus is world events, politics and business, but it also runs regular sections on science and technology.
As lawmakers begin meeting next week to mull over legislation aimed at averting another financial crisis, a former Federal Reserve economist cautions that such sweeping reform could have serious unintended consequences.
The Government should best utilise the recent demonetisation move and bring a Budget full with out-of-the-box ideas, economists are reported to have conveyed to the Finance Minister Arun Jaitley.
U.S. economy has sounded a recession alarm. Economists believe that the current low unemployment rate and rising inflation rate in the United States will induce the Fed to raise interest rates to cool the overheated economy. This will frustrate investor and consumer confidence and trigger the US
Wall Street continued higher to close out the week despite a report showing the economy grew only 2.2 percent in the first quarter, below economist expectations.
The industrial economy is expected to look down, with growth paring from 10 percent in 2009-10 to 9.2 percent in 2010-11, the growth in agriculture & allied services and services is forecast to turn in a better performance, leading economists have forecast in FICCI's Economic Outlook Survey.
But for the rapid progress made by India and China, the pace of poverty reduction in developing countries would have been still slower after the global economic crisis, according to World Bank's lead economist.
The UK is not set to mimic events in Greece as the new government prepares an emergency budget for June, says Robin Bew at the Economist Intelligence Unit in his monthly Global Forecast programme.
As yet another strike Tuesday paralysed life in West Bengal, industry bigwigs and economists said such agitations only affected the economy of the state adversely without solving important issues like price rise.
China is likely to see the first case of a default by a local government financing vehicle this year, said Zhang Zhiwei, chief China economist with Deutsche Bank AG.
"The sooner the default happens, the better it is for investors ... as it could improve the pricing of risky assets and help policymakers solve the high financing costs in the market," Zhang said during a news conference in Beijing on Monday.
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The Indian economist and currently chairperson of the Forum of Federations, Mr. Vijay Kelkar believes that the introduction of Goods and Services Tax will raise the economic growth of India rapidly.
As we enter 2019, real estate industry experts, researchers, and economists focus on the major trends that will dictate the commercial real estate industry in the next twelve months. Here is a quick snapshot of top six trends.