India's economic growth has fallen sharply to 6.3 per cent in July to September quarter from double-digit growth of the April to June quarter. Watch this report.

India's GDP growth shrinks to 6.3%; The Agriculture sector grows 4.6%

China's exports and imports have unexpectedly contracted in October. Surging inflation and rising interest rates have hammered global demand while new covid-19 curbs at home disrupted output and consumption.

WION Business News | China's export growth unexpectedly contracts

In the ongoing season, Autumn rains have triggered an increased growth in mushroom production in France and Switzerland. Watch this report.

WION Climate Tracker: Mushroom season in France, Switzerland

China's economic woes are worsening. The local fiscal shortfall is posing growth risks. Policymakers are facing stern tests as recession risks rise.

China's economic woes: Local fiscal shortfall poses growth risks

By any account, $1 trillion seems huge. That's the scale of budget shortfalls facing Chinese provinces, reducing their fiscal firepower to fund infrastructure spending and tax cuts, and raising risks for the world's second-biggest economy in 2023.

China faces a shortfall of $1 trillion to fund infrastructure & growth projects

According to Reuters poll, economists predict that India's GDP grew by 15.2 percent in April to June 2022 financial quarter. This is compared to India's GDP during the same time period a year ago. This would make the last financial quarter India's best for growth in a year.

Economists expect India's growth rate to dip

After the Japanese government relaxed COVID-19 business restrictions, official data released on Monday revealed the country's GDP grew in the three months leading up to June.

Japan's economy rebounds from Covid; sees growth in second quarter

As India celebrated 75 years of independence, here's how FDI has become a key driver of India's economic growth.

India@75: FDI - A key driver of India's economic growth

India@75: FDI - A key driver of India's

The European Commission cut its forecasts for economic growth in the euro zone for this year and next and revised up its estimates for inflation on Thursday (July 14) largely due to the impact of the war in Ukraine.

EU cuts euro zone growth forecasts, revises up inflation outlook

As the 2022 United States growth forecasts to 2.3 per cent from 2.9 per cent in late June due to weakening consumer spending, the International Monetary Fund on Tuesday warned that avoiding a recession in the United States will be “increasingly challenging”.

United States: IMF cuts 2022 growth forecast to 2.3% but predicts country will avoid recession

China unveiled tighter rules late on Thursday to better regulate its $1.3 trillion credit card industry, urging lenders to adopt a prudent growth strategy, and monitor risks more closely.

China tightens rules on $1.3 trillion credit card business

Oil prices fell on Monday in holiday-sapped trade in Asia as concerns about weak economic growth in China, the world's top oil importer, outweighed fears of potential supply stress from a looming European Union ban on Russian crude.

Oil down $1 on China growth worries, EU weighs Russian crude ban

Saudi Arabia has recorded the fastest growth rate in 10 years. The global oil demand amid the ongoing Russian invasion of Ukraine has propelled growth.

Saudi Arabia records fastest growth rate in 10 years as oil propels growth

Britain's economy grew by a record 7.5 percent last year on easing Covid curbs after a pandemic-driven collapse, official data showed Friday, but analysts warned that sky-high inflation clouds the 2022 outlook.

UK economy rebounds by record 7.5% from pandemic in 2021

At the beginning of the year 2022, COVID-19's third wave has hit nations including India but how has been the impact of the Omicron wave of economies worldwide and what is the outlook for global economies? Let's take a look.

An outlook at the world economy in 2022 amid COVID-19's third wave

World Bank's Economic forecast sees sharp growth slowdown as new variants of COVID-19 threatens recovery.

World Bank's Economic forecast: Sharp growth slowdown as new COVID-19 variants threatens recovery

Despite fresh curbs to control the Covid-19 outbreak, China's industrial output grew at a surprisingly fast pace in October, from the same period a year ago retail sales growth also picked up.

World Business Watch: China: Retail sales in October rose 4.9%

Celebrating its new $1.2 billion valuation, the CEO of Spanx, a US shapewear company, surprised its employees by gifting two first-class plane tickets and $10,000 each.

WATCH: Moment when CEO of shapewear company gifts staff $10,000 cash, air trips 'to anywhere'

China, the biggest manufacturing country in the world, is facing an electricity crisis, forcing factories to reduce operations, power consumption, and leading to outright blackouts in some provinces, media reports said.

China's power crisis hampers its economic growth

India's solar energy output growth slowed in September, a Reuters analysis of government data showed, at a time when coal-fired utilities are facing a shortage of a fuel that accounts for more than 70 per cent of the country's power generation.

India's solar energy output growth slows in September

The Indian economy has grown 20.1% in Q1 of the current financial year.

Indian economy grows by 20.1% in quarter 1 of current financial year

Netflix Inc said it would make a deeper dive into video games as the movie and TV streaming service projected weak subscriber growth amid growing competition and the lifting of pandemic restrictions that had kept people at home.

Netflix to add mobile video games as subscriber growth slows

China's economic growth has more than halved in the second quarter from a record expansion in the first three months of the year, as slowing manufacturing activity, higher raw material costs, and new COVID-19 cases weighed on the recovery momentum.

World Business Watch: China's economic growth more than halves in second-quarter

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