Tesla CEO Elon Musk is worth more money than the gross domestic product (GDP) of Pakistan. The entrepreneur is close to touching $300 billion net worth very soon, as per reports.

Tesla CEO Elon Musk wealthier than Pakistan’s GDP

Indian Prime Minister Narendra Modi said called on the rich nations to set a target of providing at least one percent of their GDP for financing green projects in the developing world.

Rich nations must spend 1% of GDP to fund green projects in developing countries: PM Modi

As robust exports were offset by weak domestic demand and construction and facility investments in South Korea, the economy grew at a slower pace in the third quarter.

South Korea's Q3 GDP grows at slower pace, misses forecast

Hurt by power shortages, supply bottlenecks and sporadic COVID-19 outbreaks, China's economy grew at the slowest pace in a year in the third quarter this as jitters are existing over the property sector due to Evergrande debt crisis. Data released showed gross domestic product grew 4-point-9 percent in July to September from a earlier, the weakest pace since the third quarter of 2020 and slowing from 7-point-9 percent in the second quarter.

China's economy grows at the slowest pace in a year

All eyes are on India's April to June or Q1 GDP data figures that will be out today (August 31). During this period though India was hit by the severe second COVID-19 wave.

World Business Watch: India is set to post record fiscal first-quarter GDP

India's macroeconomic fundamentals are much stronger, and the country is all set for robust growth on the back of structural reforms, the government's capex push and rapid vaccination, India's Chief Economic Advisor KV Subramanian said on Tuesday.

India poised for stronger growth on structural reforms, govt capex push, says chief economic advisor

The Coronavirus restrictions have shuttered swathes of business and the Australian economy is in recession. In this case, all eyes are on the upcoming data on GDP.

World Business Watch: Australian economy faces recession

The German economy is on track for a lasting, probably stronger recovery in the third quarter driven by lively domestic demand after gross domestic product expanded by 1.5% on the quarter from April to June.

German economy back on track after gross domestic product expands by 1.5%

Thailand's gross domestic product grew 7.5% year on year during the three months to June. The growth largely reflects a rebound from last year's sharp decline in GDP.

Thailand witnesses expansion in Q2 GDP by 7.5%

Japan's economy rebounded more than expected in the second quarter after slumping in the first three months of 2021. Q2 GDP grew faster than expected.

Japan's economy rebounds in second quarter after slumping in first 3 months

While the global economy is still growing, the uneven distribution of vaccines is widening disparities as rich countries pick up speed and leave developing nations behind, the IMF warned Tuesday.

IMF warns developing nations falling behind due to unequal vaccine access

Pakistan would achieve five per cent GDP growth in the next fiscal year starting from July, Finance Minister Shaukat Tarin said on Sunday. Addressing a virtual press conference, the minister defended the latest official statistics that suggested a provisional economic growth rate of 3.

Pakistan will achieve 5 per cent GDP growth in next fiscal: Finance minister 

When Bangladesh emerged as an independent country in 1971, it was arguably the poorest country in the world or close to it. Today, the country is growing rapidly and ranks ahead of its big neighbour India.

Bangladesh outpaced India on per capita income

The gross domestic product (GDP) of the United States grew 6.4% in the first fiscal quarter of 2021 compared to the same period in the previous year. The US economy expanded 4.3% in the fourth quarter of 2020.

World Business Watch: US economy soared in the first quarter, growing at a 6.4% rate

ADB on Wednesday said the Indian economy is projected to grow at 11 per cent in the current financial year on the back of the strong vaccination programme, but cautioned that second wave of Covid is worrying.

India's GDP to grow at 11pc this fiscal; second wave of Covid a worry: ADB  

International Monetary Fund (IMF) on Tuesday raised its growth forecast for Indian economy by 100 basis points to 12.5 per cent for fiscal year 2021-22. India is the only country expected to register a double-digit growth this fiscal.

India's growth projection raised to 12.5% for FY22 by IMF

French Finance Minister Bruno Le Maire on Sunday said that France's public deficit is expected to reach 9% of gross domestic product (GDP) in 2021, it is up from a previous forecast of 8.5% as the country enters its third national Coronavirus lockdown.

World Business Watch: France lifts 2021 deficit, debt forecasts, lowers GDP projections to 5%

South Africa's GDP grew quarter and quarter in three months ending in December but the economy recorded its biggest annual contraction in seven decades last year.

World Business Watch: South Africa’s economy shrank by most in century last year

Japan`s economy expanded at a slower-than-initially-reported pace in October-December, with firms tightening spending on plant and equipment and sharply cutting inventories as the coronavirus pandemic hit demand.

Japan downgrades fourth-quarter GDP as companies scale back spending

Japan's economy expanded at a slower-than-initially-reported pace in October-December as the impact of the COVID-19 pandemic weighed on the economic outlook.

World Business Watch: Japan downgrades fourth-quarter GDP as pandemic hurts domestic demands

The pandemic-induced technical recession in India has ended with growth in both GDP and the gross value added (GVA) in real terms in Q3 FY2021. The Gross Domestic Product (GDP) grew 0.

Covid-driven recession over, India economy returns to growth in December quarter

For most of the world, 2020 will go down in the record books as one of the worst years in global history. Due to the coronavirus pandemic, nearly two million people died, tens of millions lost their jobs and countless faced unprecedented disruption to their daily lives.

Top 15 hedge fund managers earn $23.2bn in 2020, more than Iceland’s GDP

Taiwan's government on Thursday said it had approved a $140 million investment in India by Pegatron Corp, a major Taiwanese Apple Inc contract manufacturer.

Taiwan approves $140 million Pegatron investment in India

According to the BDI industry association Europe’s largest economy, Germany is expected to grow 3.5% this year after plunging roughly 5% in 2020

World Business Watch: German GDP expected to grow by 3.5% in 2021

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