India to hold the world’s biggest election starting April in over a month-long exercise

India to hold the world’s biggest election starting April in over a month-long exercise

Around 970 million registered voters are expected to cast their votes for India’s next prime minister. Sajjad Hussain | Afp | Getty Images India will hold the world’s largest general elections starting April this year with nearly a billion voters set to exercise their franchise. The seven-stage election process will start from April 19 and … Read more

auto loan rates: Upbeat on demand, car cos revise forecast upwards again

auto loan rates: Upbeat on demand, car cos revise forecast upwards again

The country’s car industry has for the second time revised upwards its growth projections for this fiscal to more than 8%, nearly twice the rate projected at the start of the year. Passenger vehicle sales in the local market are expected to grow by 8.1-8.2% to 4.23 million units in FY24, buoyed by better-than-expected economic … Read more

Carmakers raise FY24 sales growth projection to 8.2%

Carmakers raise FY24 sales growth projection to 8.2%

New Delhi: The country’s car industry has for the second time revised upwards its growth projections for this fiscal to more than 8%, nearly twice the rate projected at the start of the year. Passenger vehicle sales in the local market are expected to grow by 8.1-8.2% to 4.23 million units in FY24, buoyed by … Read more

Can Indonesia’s next president Prabowo deliver on his big promises?

Can Indonesia’s next president Prabowo deliver on his big promises?

Prabowo Subianto, Indonesia’s presidential candidate and defense minister, center, waves to supporters in Jakarta, Indonesia, on Wednesday, Feb. 14, 2024. Prabowo declared victory in Wednesday’s presidential vote, citing independent pollsters, putting him on course to lead Southeast Asia’s largest economy after two failed attempts.  Bloomberg | Bloomberg | Getty Images JAKARTA — Indonesia’s Defense Minister … Read more

Germany’s economy is on shaky ground and there are few signs of hope

Germany’s economy is on shaky ground and there are few signs of hope

Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner (FDP), Federal Minister of Finance, follow the debate at the start of the budget week. Michael Kappeler | Picture Alliance | Getty Images Good news has been sparse for the German economy. And … Read more

‘The economy isn’t sick right now,’ but Americans still feel like it is

‘The economy isn’t sick right now,’ but Americans still feel like it is

Sentiment about the U.S. economy is currently in an upswing: 28% of Americans would say the economy is either excellent or good, according to recent data from Pew Research Center.  In April 2022, only 19% expressed the same positivity.  Still, this is far below what perceptions of the economy were pre-pandemic. In January 2020, 57% … Read more

Goldman Sachs analyst says the world is moving into a new super cycle

Goldman Sachs analyst says the world is moving into a new super cycle

A screen displays the Dow Jones Industrial Average after the closing bell on the floor at the New York Stock Exchange on Dec. 13, 2023. Brendan Mcdermid | Reuters The global economy is moving into a new “super cycle,” with artificial intelligence and decarbonization being driving factors, according to Peter Oppenheimer, the head of macro … Read more

Economy, Gaza war and China ties dominate

Economy, Gaza war and China ties dominate

Presidential candidates Anies Baswedan, Prabowo Subianto, and Ganjar Pranowo, along with their vice presidential candidates, are posing for photos after the first presidential candidate debate at the General Election Commission (KPU) office in Jakarta, Indonesia, on December 12, 2023. Indonesia is preparing to hold general elections for president and vice president for the 2024-2029 period … Read more

investment: Investment seen powering growth in 2024 amidst rural consumption surge and inflation relief

investment: Investment seen powering growth in 2024 amidst rural consumption surge and inflation relief

New Delhi: Both private and government investments are likely to be the primary driver of economic growth in 2024, backed by improving prospects of rural consumption with easing of inflation and increased spending in an election year, economists said. “We expect a pickup in corporate capex when the Union budget is presented after the general … Read more