Data | Indian manufacturers on recovery path, yet urban consumers lack confidence

Data | Indian manufacturers on recovery path, yet urban consumers lack confidence

Manufacturing, service and infrastructure sectors are on the recovery path, but consumer confidence about the economy is yet to reach pre-COVID levels Manufacturing, service and infrastructure sectors are on the recovery path, but consumer confidence about the economy is yet to reach pre-COVID levels The share of urban consumers pessimistic about the Indian economy continued […]

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India’s GDP to grow 7% this fiscal: FICCI survey

India’s GDP to grow 7% this fiscal: FICCI survey

“Growth forecast has been downgraded from the 7.4% estimate in previous survey round (April 2022) owing to geopolitical uncertainty and its repercussions for the Indian economy,” FICCI said “Growth forecast has been downgraded from the 7.4% estimate in previous survey round (April 2022) owing to geopolitical uncertainty and its repercussions for the Indian economy,” FICCI […]

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China’s COVID curbs retard growth, Q2 GDP rises 0.4%

China’s COVID curbs retard growth, Q2 GDP rises 0.4%

Widespread lockdowns hammer industrial activity, demand; analysts expect full-year growth to lag 5.5% target Widespread lockdowns hammer industrial activity, demand; analysts expect full-year growth to lag 5.5% target China’s economic growth slowed sharply in the second quarter, highlighting the colossal toll on activity from widespread COVID lockdowns and pointing to persistent pressure over coming months […]

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