asia - Latest News, Analysis, Opinion - BW Businessworld

The region would contribute more than 70 per cent to global growth this year—but still faces challenges from inflation, debt, and financial vulnerabilities, says International Monetary Fund (IMF)

Asia's Emerging-market Economies Are Likely To Be Less Affected By Global Slowdown: OECD

Growth in China is projected to rebound to 5.3 per cent this year, before easing to 4.9 per cent in 2024, according to the report- 'OECD Economic Outlook

Just 10% Asian CEOs Expect Positive Economic Outlook In Next 3-5 Years: Report

Even one in five CEOs planning a defensive approach expect to invest more relative to the last three years, as per the report

India, China To Contribute More Than Half Of Global Growth In 2023: IMF

As global headwinds have eased and food and oil prices have fallen, Asia is expected to grow at 4.7 per cent in 2023 and 4.5 per cent in 2024, according to the report

Amid Global Slowdown, India Among Fastest Growing Economies In Asia: OECD

As the domestic demand and exports moderate, Indian gross domestic product (GDP) growth will slow to 5.7 per cent in FY 2023-24

Asia Sails Into Headwinds From Rate Hikes, War, China Slowdown: IMF

"Asia’s strong economic rebound early this year is losing momentum, with a weaker-than-expected second quarter," it said

NITI Aayog And WFP To Mainstreaming Millets In Asia And Africa

The think tank in a statement said that it along with WFP will prepare a compendium of good practices for scaling up the production and consumption of millets in India and abroad

China Accuses US Of Trying To 'Hijack' Support In Asia

Austin had stressed the need for multilateral partnerships with nations in the Indo-Pacific, which Wei suggested was an attempt to back China into a corner

Sanctions Effect: ONGC Struggling To Move Russian Oil To Asia

Energy & Infra

India has been buying more Russian crude since Moscow invaded Ukraine, snapping up the popular Urals crude grade, while other buyers have shunned Russian exports

Covid-19 Pandemic Not Over Yet, Large Outbreaks In Asia: UN Chief

Healthcare

Noting that the supply of Covid-19 vaccines is not the issue as manufacturers are producing 1.5 billion doses per month, Guterres said progress in achieving vaccine equity is possible but the window is closing fast

GCPL Working On Diversity In Operations, Promoting Inclusion On Gender And LGBT+

Companies & Markets

As a global conglomerate serving over a billion consumers, GCPL simply cannot afford ‘to not have a team and ecosystem that reflects the diversity of our consumers and communities.

Clear, Long Term Policies Needed For EV Sector Growth: CEEW-CEF

Companies & Markets Sector Reports Auto

EV registrations formed 0.88 per cent of all vehicle registrations in the last financial year - the highest share ever achieved

Steadfast As Steel

Companies & Markets Sector Reports Steel

Tata Steel is focusing on conserving cash and ensuring adequate liquidity to ride out any potential disruptions.

Global Stocks Recover On Firmer Futures, Retreat In US Yields