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TikTok's owner is trying to become less Chinese, more Indian

ByteDance may formally file an application with the government for a corporate base.

global economy

01 June, 2020, 06:16 PM IST

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GLOBAL ECONOMY

ET View: Even before Covid, economy was slumping

The government needs to fix the banks and create a functional bond market. This alone can raise the rate of investment. Gross fixed capital formation as a share of GDP was down to 26% in Q4 of 2019-20, and 26.9% for the year as a whole. Without raising it by six percentage points of GDP, India cannot shed its low growth trap.

Economy to shrink despite stimulus: Economists

While Nomura has forecast recession-three consecutive quarters of recession, Goldman Sachs, Ba...

Gold rises more than 1% as coronavirus hits global economies

Spot gold was up 1.2% at $1,635.47 per ounce by 1108 GMT, its highest since Marc...

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