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'Wrong to Assess Economic Activity on GDP Alone': Finance Ministry Defends Data, Calls Out Critics

Indiaโ€™s gross domestic product (GDP) grew at four-quarter high of 7.8 per cent y-o-y during the April-June 2023 quarter (Q1 FY24) as compared with the 6.1 per cent growth registered in the preceding quarter ended March 2023
United Kingdom Arvind Subramanian Jairam Ramesh Narendra Modi Ministry Of Finance Finminindia Ministry Of Finance On
Source: news18.com

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Dollarized Ibovespa faces low this Friday; Vale and Petrobras ADRs weigh

US stock market leads lukewarm trading session (Image: REUTERS/Andrew Kelly) O iShares MSCI Brazil ETF (EWZ)also known as Ibovespa dollarizedshowed no signs of recovery this Friday (21), having ended the session down 1.04%, at US$ 27.70. With the Brazilian Stock Exchange closed due to the Tiradentes, the market focused on…
United States Mato Grosso Do Sul Vale Adrs Hamburg Commercial Bank Brazilian Stock Exchange New York Stock Exchange

Euro zone recovery unexpectedly gathering pace in April - PMI - Stock market news

(Reuters) - The euro zone economic recovery has unexpectedly gathered pace this month as the bloc's dominant services industry saw already buoyant demand rise, more than offsetting a deepening downturn in manufacturing, surveys showed. | 04:09am
Hugh Lawson Hamburg Commercial Bank European Central Bank Composite Purchasing Manager Index Manager Indices Hamburg Commercial

Sri Lanka economy contracted by 8.4 per cent in Q2 2022

Sri Lankan economy has contracted by 8.4 per cent in Q2 2022, according to Weekly Economic Indicators of the Central Bank. “This was mainly due to the contractions of 10.0 per cent in Industry activities, 2.2 per cent in Services activities and 8.4 per cent in Agriculture activities,” the report said. “Meanwhile, Taxes less Subsidies […]
Sri Lanka Sri Lankan Weekly Economic Indicators Of The Central Bank Central Bank Weekly Economic Indicators Manager Indices
Source: island.lk

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