GDP
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Business
India’s GDP grows by 7.2%
MUMBAI: India’s GDP grew by 7.2 percent in the year to March, official figures showed Wednesday, boosted by services and…
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Business
Saudi Aramco reports Q1 net profit of $31.9bn, down 19.25%
RIYADH: Oil giant Saudi Aramco announced first-quarter net profit of $31.9 billion on Tuesday, down 19.25 percent from a year…
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Business
Japan’s GDP rebounded before Omicron wave hit
TOKYO: Japan’s economy rebounded in the last part of 2021, as virus cases slowed and restrictions were eased, spurring demand…
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Business
Climate on track to devastate world’s poorest economies
GLASGOW: The 65 most vulnerable nations will see GDP drop 20 percent on average by 2050 and 64 percent by…
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Business
Social cost of 2019’s plastic more than GDP of India
MARSEILLE: The pollution, emissions and clean-up costs of plastic produced in 2019 alone could be $3.7 trillion, according to a…
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Business
IMF sees much stronger US growth, 2021 GDP +7.0%
WASHINGTON: The IMF is bullish on the US economic recovery, predicting growth will hit 7 percent this year-much stronger than…
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Business
China GDP grows at slowest pace in more than four decades in 2020
BEIJING: China’s GDP grew at the slowest pace in more than four decades in 2020, official data showed yesterday, but…
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Business
World Bank warns global recovery could erode if virus cases worsen
WASHINGTON, DC: In this file photo the World Bank headquarters is viewed in Washington, DC. The coronavirus pandemic has worsened…
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Business
Japan exits recession as GDP grows 5.0%
TOKYO: People walk on a pedestrian crossing in Tokyo yesterday as government data showed Japan’s economy exited recession in the…
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Business
Huge trade pact to be signed at Southeast Asian summit
HANOI: Indian Prime Minister Narendra Modi (center on left screen) addresses counterparts with Vietnam’s Prime Minister Nguyen Xuan Phuc (right…
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Business
UK in recession as economy shrinks 20%
LONDON: Shoppers wear face masks on Oxford Street in London. Britain’s economy contracted by a record 20.4 percent in the…
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Kuwait
Kuwait’s GDP drops one percent
KUWAIT: Kuwait’s quarterly gross domestic product (GDP) dropped one percent in Q1 2020 compared to the same period of 2019,…
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