China’s economic growth falls short of Beijing’s target | Here’s why

China registered an economic growth of 4.8 per cent in the first three months of 2022. However, the first quarter growth was well below the ruling Communist Party’s official target of 5.5 per cent for the entire year, according to official data released on Monday. The country’s gross domestic product…

Sensex, Nifty inch lower as banks, auto stocks slip

Indian shares slipped on Thursday, dragged down by banking and auto stocks, a day after the central bank held rates steady to support economic growth in light of risks from inflation and the Omicron coronavirus variant. By 9:27 am, the blue-chip NSE Nifty 50 index was down 0.11% at 17,450.55 and the benchmark S&P…

India’s GDP in June quarter likely to touch record high. Here’s why

India’s economic growth in the first quarter of FY22 could be at a record high due to the weak base last year and a sharp rebound in consumer spending. A recent poll of 41 economists conducted by news agency Reuters indicated that the gross domestic product (GDP) rose 20 per cent in the June quarter, compared to the…