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India could grow at 7% annually this decade -chief economic adviser By Reuters
© Reuters. A man walks along a wall overlooking the central Mumbai’s financial district skyline, India, March 9, 2017. REUTERS/Danish Siddiqui NEW DELHI (Reuters) -India should be able to grow at about 7% annually this decade as investment spending is expected to rise and the digital economy picks up, the chief economic adviser said on […] More
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Crude Oil Higher on Dollar Weakness; Demand Concerns Grow By Investing.com
© Reuters. By Peter Nurse Investing.com — Oil prices rose Friday, helped by weakness in the U.S. dollar, but are still on course for their lowest weekly close in seven months on concerns of sluggish economic growth and China’s COVID woes weighing on global demand. By 09:20 ET (13:20 GMT), futures traded 2.8% higher at […] More
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China’s top banks face narrowing margins as calls to help economy grow By Reuters
© Reuters. FILE PHOTO: People visit the Industrial and Commercial Bank of China (ICBC) booth at the 2021 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 3, 2021. REUTERS/Florence Lo/File Photo/File Photo BEIJING (Reuters) – Top tier Chinese banks preparing to respond to Beijing’s call to boost lending to the real […] More
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Pakistan Finance Minister expects economy to grow more than 3.5% this FY
© Reuters. FILE PHOTO: Pakistan’s finance minister Miftah Ismail speaks during an interview in Islamabad, Pakistan December 28, 2017. Picture taken December 28, 2017. REUTERS/Faisal Mahmood/File Photo (Reuters) – Pakistan Finance Minister Miftah Ismail expects the economy to grow more than 3.5% for the fiscal year that started in July, Bloomberg News reported on Saturday. […] More
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Gold Set For Fifth Month of Losses as Fed Rate Risks Grow By Investing.com
© Reuters. By Ambar Warrick Investing.com– Gold prices fell on Wednesday and were set for a fifth straight month of losses amid fears of aggressive policy tightening by the Federal Reserve, while copper rose as Chinese manufacturing activity improved slightly in August. fell 0.2% to $1,721.67 an ounce by 21:56 ET (01:56 GMT), while dropped 0.2% […] More
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Banks lift European bourses as rate hike, recession fears grow By Reuters
© Reuters. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 29, 2022. REUTERS/Staff (Reuters) – European shares inched higher on Tuesday following a two-day selloff as banking shares boosted stocks, though fears around a burgeoning energy crisis, interest rate hikes and a looming recession kept gains […] More
