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Economic News

RBI conveys its concern over the merging of FPI –NPI route

The Reserve Bank of India [RBI] expresses its concern over the market regulator’s plan that allows combining the investment route…

Purchasing Manager’s Index Paints a Bleak Picture of China

As per a private survey on China’s manufacturing sector, factory activity contracted more-than-expected in January — confirming views that the…

China’s Manufacturing Activity Contracted For Second Consecutive Month

On Thursday, China said that its manufacturing activity has shrunk for the second consecutive month in January. This is a…

Goldman Sachs Says Don’t Worry About Recession

Goldman Sachs Says Don’t Worry About Recession Many top executives running big companies and people in Wall Street are worried…

Dollar reaches Two-week high after China reports Slower Growth

The dollar reached its ace in the last two week as the week started. It was much comforting for fear…

UAE favors Global Cooperation at WEF

The United Arab Emirates (UAE) is least concerned about China’s increasing dominance in the global trade and specifically in the…

Goldman Sachs Advises not to worry about Recession

After the Chinese consumption, as well as its economy's growth, fell, the fear of recession is again looming in Wall…