Developing Economies

The war in Gaza has devastated the Palestinian economy, which is now 35% smaller than it was at the start of Israel's invasion a year ago, while development levels in Gaza itself have collapsed to the level of the 1950s, the UN's development agency s

India has outperformed the US markets and emerging markets are, on average, growing at double the rate of developed economies, ace investor Mark Mobius has said.

Researchers at the Indian Institute of Technology Bombay (IIT Bombay) have uncovered how animals find their way back home without getting lost or being late by using a robot that mimics their movements.

Mexico's economy has long operated at different speeds, with an industrial north closely linked to the neighboring United States outpacing a less developed south.

Ma Jiantang, former party secretary at the Development Research Centre of the State Council, said China's workforce shrank by 60 million over the past 12 years.

To achieve its developmental goals over the next three decades, the Indian economy must grow at a rate of 8-10 per annum over the next decade to reap the demographic dividend, the RBI said.

This country has the highest living cost in all of Asia with a 25 per cent inflation rate and its economy may grow at the fourth lowest pace of 1.9 per cent in the region, according to a new Asian Development Bank (ADB) report.

India is benefiting from growing interest from multinationals, which see it as an alternative manufacturing base in the context of developed economies' supply chain diversification strategies, a flagship report by the UN has said.

The Indian economy is projected to grow at 7.5% in 2024, the World Bank said, revising its earlier projections for the same period by 1.2%.

Moving away from its traditional focus on just South-South cooperation, India has progressively embraced regional trade agreements with the developed world. The latest deal with four European nations is an example.

The NSO recently announced that GDP growth for FY24 would reach 7.6%, surpassing its previous forecast of 7.3%. Though consumption, which accounts for approximately 60% of GDP, presents a mixed picture.

Noting that India is a major economy with the highest potential growth rate right now, Nobel laureate economist A Michael Spence said the country has successfully developed by far the best digital economy and finance architecture in the world.

Finance Minister Nirmala Sitharaman focused on development and growth in the interim Budget speech, the last before the Lok Sabha polls in May.

Renowned economist and former RBI governor Raghuram Rajan on Friday said India needs to focus more on education and healthcare to become a developed economy by 2047.

In the wake of the economic crisis in Pakistan, World Bank Country Director for Pakistan, Najy Benhassine said that Pak's economic development is limited to the elite which resulted in the country lagging behind its fellow countries.

The war in Gaza has devastated the Palestinian economy, which is now 35% smaller than it was at the start of Israel's invasion a year ago, while development levels in Gaza itself have collapsed to the level of the 1950s, the UN's development agency s

India has outperformed the US markets and emerging markets are, on average, growing at double the rate of developed economies, ace investor Mark Mobius has said.

Researchers at the Indian Institute of Technology Bombay (IIT Bombay) have uncovered how animals find their way back home without getting lost or being late by using a robot that mimics their movements.

Mexico's economy has long operated at different speeds, with an industrial north closely linked to the neighboring United States outpacing a less developed south.

Ma Jiantang, former party secretary at the Development Research Centre of the State Council, said China's workforce shrank by 60 million over the past 12 years.

To achieve its developmental goals over the next three decades, the Indian economy must grow at a rate of 8-10 per annum over the next decade to reap the demographic dividend, the RBI said.

This country has the highest living cost in all of Asia with a 25 per cent inflation rate and its economy may grow at the fourth lowest pace of 1.9 per cent in the region, according to a new Asian Development Bank (ADB) report.

India is benefiting from growing interest from multinationals, which see it as an alternative manufacturing base in the context of developed economies' supply chain diversification strategies, a flagship report by the UN has said.

The Indian economy is projected to grow at 7.5% in 2024, the World Bank said, revising its earlier projections for the same period by 1.2%.

Moving away from its traditional focus on just South-South cooperation, India has progressively embraced regional trade agreements with the developed world. The latest deal with four European nations is an example.

The NSO recently announced that GDP growth for FY24 would reach 7.6%, surpassing its previous forecast of 7.3%. Though consumption, which accounts for approximately 60% of GDP, presents a mixed picture.

Noting that India is a major economy with the highest potential growth rate right now, Nobel laureate economist A Michael Spence said the country has successfully developed by far the best digital economy and finance architecture in the world.

Finance Minister Nirmala Sitharaman focused on development and growth in the interim Budget speech, the last before the Lok Sabha polls in May.

Renowned economist and former RBI governor Raghuram Rajan on Friday said India needs to focus more on education and healthcare to become a developed economy by 2047.

In the wake of the economic crisis in Pakistan, World Bank Country Director for Pakistan, Najy Benhassine said that Pak's economic development is limited to the elite which resulted in the country lagging behind its fellow countries.