India to speed up deficit reduction as fiscal target looms NEW DELHI/MUMBAI: India is preparing a stepped-up deficit reduction plan in its annual budget due out next month, ... Published 16 Jan, 2023 06:18am
Business & Finance China's 2022 growth seen as its lowest in 40 years BEIJING: China's economic growth for 2022 is expected to have been among its weakest in four decades after the twin... Published 15 Jan, 2023 11:59am
Business & Finance German economy weathering hard winter but risks loom BERLIN: The surge in energy prices that followed Russia’s invasion of Ukraine has pushed Germany to the brink of a... Published 13 Jan, 2023 01:49pm
Business & Finance UK economy unexpectedly grows 0.1% in November: ONS LONDON: Britain’s economy unexpectedly eked out some modest growth in November, reducing the chance that figures... Published 13 Jan, 2023 12:48pm
Business & Finance Economist sees GDP growth in negative arena ISLAMABAD: All economic indications of the first six months of the current year suggest that Pakistan’s GDP growth... Published 13 Jan, 2023 07:07am
Print Crisis of shortage of raw material in industries intensifies KARACHI: The crisis of shortage of raw materials has further intensified in industries across the country due to... Updated 13 Jan, 2023 08:51am
Opinion Power distribution sector’s performance – I Circular debt and privatisation of power distribution companies are under active discussion these days in the... Published 12 Jan, 2023 06:10am
Opinion ‘A sad tale indeed’ This is apropos a Business Recorder op-ed “A sad tale indeed – II” carried by the newspaper on Saturday. In ... Published 10 Jan, 2023 06:00am
Markets Pakistan to witness economic contraction in FY23: Ismail Iqbal Securities Brokerage house report projects industrial growth to come at a negative 4% in FY23 Updated 03 Jan, 2023 08:15pm
World Russia revises up 2021 GDP growth estimate from 4.7pc to 5.6pc MOSCOW: Russia’s federal statistics agency on Friday revised up its estimate for economic growth in 2021 from 4.7%... Published 02 Jan, 2023 06:43am
World India’s jobless rate rises to 16-month high of 8.30% in Dec NEW DELHI: India’s unemployment rate rose to 8.30% in December, the highest in 16 months, from 8.00% in the previous... Published 01 Jan, 2023 12:20pm
Opinion Geo-dynamics – 2023 At the start of 2023, the catch words are flux, realignment, reset, new world order, pivot, tilt. I am no... Updated 30 Dec, 2022 06:40am
Business & Finance Vietnam reports strong economic growth of 8 percent HANOI: Vietnam’s economy grew by eight percent in 2022, driven by strong exports and retail sales, authorities said... Published 29 Dec, 2022 11:57am
World Jobs for Emiratis: UAE pushes work for own citizens DUBAI: With foreign workers making up the vast bulk of private sector jobs in the United Arab Emirates, the Gulf’s... Updated 28 Dec, 2022 01:18pm
Opinion A ‘permission economy’ Pakistan has become a “permission economy” due to over and inefficient regulations. This regulatory burden has... Published 28 Dec, 2022 04:12am
Business & Finance China revises 2021 GDP growth up to 8.4% from 8.1% BEIJING: China has revised up its estimate of 2021 gross domestic product (GDP) growth to 8.4% from 8.1% previously,... Published 27 Dec, 2022 10:48am
BR Research On e-banking channels After a bit of delay, the Payment Systems Review for FY22 was finally released by the SBP last weekend. Within that... Published 26 Dec, 2022 09:28am
World Sanctions to help cut Belarus GDP by 4% in 2022, says PM - Interfax The economy of Belarus is expected to shrink by 4% in 2022 after western nations imposed punitive measures, much ... Published 25 Dec, 2022 01:33am
Print Around 6pc growth: What did FY22 experience bring to the fore? KARACHI: Pakistan’s economy achieved a real GDP growth of around 6 percent, for a second consecutive year in FY22,... Updated 22 Dec, 2022 09:42am
Supplements Economic conditions to remain tough during current fiscal year 2022-23 TEXT: The Pakistani economy is passing through a perfect storm due to troubling international and domestic dynamics.... Published 20 Dec, 2022 05:58am
Business & Finance French growth to slow to 0.3 pct in 2023: central bank PARIS: French economic growth will slow considerably in 2023 due to the energy crisis and inflation, before bouncing... Published 18 Dec, 2022 11:35am
Opinion Lack of prudent macroeconomic policies “The curious task of economics is to demonstrate to men how little they really know about what they imagine they... Published 14 Dec, 2022 05:57am
Opinion Shortfall in revenues The last financial year witnessed a record performance by the FBR (Federal Board of Revenue). Tax revenues increased... Published 13 Dec, 2022 05:58am
Business & Finance UK economy rebounds from royal funeral hit, outlook remains bleak LONDON: Britain’s economy rebounded in October a little more strongly than expected from September when output was... Published 12 Dec, 2022 01:49pm
Business & Finance Saudi Arabia's GDP grows 8.8% year-on-year in Q3 Oil activities grew by 14.2% year-on-year in the third quarter, but GDP growth was also boosted by 6% growth in non-oil activities Updated 11 Dec, 2022 06:31pm
Markets US Fed poised for smaller rate hike with eye on wage growth Decision will be announced after a two-day meeting of the policy-setting Federal Open Market Committee (FOMC) starting Tuesday Updated 11 Dec, 2022 06:27pm
Pakistan China achieved over 10-fold rise in GDP in last four decades: speakers KARACHI: China has tremendously improved the living standard of its people during last three decades and alleviated... Published 11 Dec, 2022 04:02am
Supplements South Asian Countries Real GDP Growth % TEXT: South Asian region (excluding Afghanistan) 2021 2022(f) 2023(f) 2024(f) 7.8 5.8 5.8 5.8 Maldives... Published 09 Dec, 2022 07:00am
Markets India’s central bank set to raise rates; outlook on growth, inflation in focus MUMBAI: The Reserve Bank of India (RBI) is widely seen raising its key lending rate by 35 basis points on Wednesday... Published 07 Dec, 2022 10:51am
Markets Air pollution hurts Bangladesh GDP as well as health: World Bank Air pollution in Bangladesh is robbing the South Asian nation of economic growth as well as causing premature death... Published 04 Dec, 2022 03:10pm
