Economic Challenges

Donald Trump's return to the White House next year could bring economic pain and difficult decisions for Canada's Liberal Prime Minister Justin Trudeau, once branded a "far-left lunatic" by the Republican.

In a fireside chat on India's decadal economic reforms and continued economic growth in New York, Union Finance Minister Nirmala Sitharaman on Monday (local time) said that the biggest challenge before India is employability.

Japan is making strides in sustainability with an innovative approach to food waste. Koichi Takahashi, founder of the Japan Food Ecology Center, has developed a fermentation process that transforms leftover food into nutritious pig feed. This method addresses both environmental and economic challenges by recycling food scraps, which include leftove...

Can income tax in India ever be "almost zero"? Finance Minister Nirmala Sitharaman said Tuesday she wished that could be the case, but given economic challenges facing India, including paucity of funds for research purposes, this is not likely.

China's ruling Communist Party commenced its so-called third plenum on Monday, a major meeting held roughly once every five years to map out the general direction of the country's long-term social and economic policies.

White-collar crimes present a formidable challenge to judicial and the economic systems, requiring a "multipronged and nuanced" approach, Supreme Court judge Justice Hima Kohli said on Wednesday.

Young professionals in China are increasingly opting for "naked resignation," quitting jobs without backup plans, challenging traditional career norms.

Poverty in India is estimated to have declined to 8.5 per cent in 2022-24 from 21.2 per cent in 2011-12, despite the challenges posed by the pandemic, according to a research paper by the economic think tank NCAER.

Predicting the exact state of India in 2047 is challenging, yet certain trends and aspirations can be projected based on current trajectories and indicators like GDP, per capita income, and other broader economic metrics.

India needs to create more jobs. A realistic figure might be closer to 8 million jobs per year considering the current economic growth rate.

Dutch brewer Heineken said Wednesday its beer sales were up but saw a "challenging and uncertain" economic outlook and couldn't guarantee the same growth for the rest of the year.

Frequent weather shocks caused by climate change pose challenges for the monetary policy as well as downside risks to economic growth, a Reserve Bank report said.

Pakistan President Asif Ali Zardari announced on Tuesday his decision to forgo his salary while in office, citing the economic challenges faced by the country, The Express Tribune reported.

Pakistan's newly-elected President Asif Ali Zardari on Tuesday announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship.

Russia's economy grew 3.6 percent last year thanks to a boost in military spending because of the offensive in Ukraine although long-term economic challenges remain, official data showed on Wednesday.

Donald Trump's return to the White House next year could bring economic pain and difficult decisions for Canada's Liberal Prime Minister Justin Trudeau, once branded a "far-left lunatic" by the Republican.

In a fireside chat on India's decadal economic reforms and continued economic growth in New York, Union Finance Minister Nirmala Sitharaman on Monday (local time) said that the biggest challenge before India is employability.

Japan is making strides in sustainability with an innovative approach to food waste. Koichi Takahashi, founder of the Japan Food Ecology Center, has developed a fermentation process that transforms leftover food into nutritious pig feed. This method addresses both environmental and economic challenges by recycling food scraps, which include leftove...

Can income tax in India ever be "almost zero"? Finance Minister Nirmala Sitharaman said Tuesday she wished that could be the case, but given economic challenges facing India, including paucity of funds for research purposes, this is not likely.

China's ruling Communist Party commenced its so-called third plenum on Monday, a major meeting held roughly once every five years to map out the general direction of the country's long-term social and economic policies.

White-collar crimes present a formidable challenge to judicial and the economic systems, requiring a "multipronged and nuanced" approach, Supreme Court judge Justice Hima Kohli said on Wednesday.

Young professionals in China are increasingly opting for "naked resignation," quitting jobs without backup plans, challenging traditional career norms.

Poverty in India is estimated to have declined to 8.5 per cent in 2022-24 from 21.2 per cent in 2011-12, despite the challenges posed by the pandemic, according to a research paper by the economic think tank NCAER.

Predicting the exact state of India in 2047 is challenging, yet certain trends and aspirations can be projected based on current trajectories and indicators like GDP, per capita income, and other broader economic metrics.

India needs to create more jobs. A realistic figure might be closer to 8 million jobs per year considering the current economic growth rate.

Dutch brewer Heineken said Wednesday its beer sales were up but saw a "challenging and uncertain" economic outlook and couldn't guarantee the same growth for the rest of the year.

Frequent weather shocks caused by climate change pose challenges for the monetary policy as well as downside risks to economic growth, a Reserve Bank report said.

Pakistan President Asif Ali Zardari announced on Tuesday his decision to forgo his salary while in office, citing the economic challenges faced by the country, The Express Tribune reported.

Pakistan's newly-elected President Asif Ali Zardari on Tuesday announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship.

Russia's economy grew 3.6 percent last year thanks to a boost in military spending because of the offensive in Ukraine although long-term economic challenges remain, official data showed on Wednesday.