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The target is associated with reaching GDP of USD30tn, compared with less than USD4tn currently. Modi, in power since 2014, appears on course to win a third straight term.
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DOI: 10.1108/OXAN-DB287104
ISSN: 2633-304X
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RUSSIA: Service sector fall may signal wider slowdown
However, small- and medium-sized enterprises (SMEs) play a significant role in the economy, especially in service industries. They also provide a rising share of new jobs. The…
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DOI: 10.1108/OXAN-DB283915
ISSN: 2633-304X
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INTERNATIONAL: Services slowdown will help lower CPI
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DOI: 10.1108/OXAN-ES282877
ISSN: 2633-304X
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The IMF forecast assumes UK interest rates peak at 6.0% (from 5.25% currently), and linger at 4.0-4.25% through to 2028. The IMF’s forecasts are similar to those of the Bank of…
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DOI: 10.1108/OXAN-DB282782
ISSN: 2633-304X
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The union represents some 340,000 workers at UPS, the largest US package delivery company. The United States is experiencing a rise in strikes and work stoppages espite low union…
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DOI: 10.1108/OXAN-DB280183
ISSN: 2633-304X
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RUSSIA: Lower productivity will erode living standards
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DOI: 10.1108/OXAN-ES282532
ISSN: 2633-304X
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Labour and housing markets are slowing very gradually, but the strength of services is preventing a faster fall in headline inflation. The pass-through effects of interest-rate…
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DOI: 10.1108/OXAN-DB279530
ISSN: 2633-304X
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France’s economy has performed better than its peers this year, due to weaker inflationary pressures and strong export performance in the second quarter. However, the latest…
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DOI: 10.1108/OXAN-DB282655
ISSN: 2633-304X
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Core personal consumption expenditure inflation is 4.7% year-on-year, above the 2.0% target. The economy is holding up, with the OECD now forecasting GDP growth of 1.5%, up from…