Indian exports see 5.35% growth in April-August 2024 period
The growth in exports during the April-August 2024 period is expected to support the government's ambitious target of reaching USD 1 trillion in annual merchandise exports by 2030.
Global economic uncertainties
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India achieves trade surplus with 151 nations, strengthening global economic standing
India’s trade surplus with 151 nations is a testament to its competitive advantage in various industries. Indian goods and services are increasingly preferred globally due to their quality, cost-effectiveness, and reliability.
Indonesian auto financing declines 15% in July amid slump in new car sales
The decrease in auto financing reflects broader economic trends impacting consumer confidence and spending. As new car sales falter, financing activities—which are often a key indicator of consumer sentiment and economic health—also show signs of distress. This trend suggests a tightening of household budgets and potentially decreased consumer willingness or ability to make large purchases, such as new vehicles.
China’s Q4 GDP: A patchy recovery symphony with challenges ahead
China's Q4 GDP reveals a patchy economic recovery, playing a tune of resilience amidst challenges on the horizon.