WNA Globe

World News by Wild Rose

#economic growth ร—

Indiaโ€™s economic growth depends on protecting its fragile environment

India has invested considerably in predicting the weather and the climate and the results have been paying off handsomely in terms of protecting lives and livelihoods. This particular mechanism is crucial to sustain economic growth and stay on track for โ€˜Viksit Bharatโ€™

Telanganaโ€™s 12-year growth story faces headwinds

The growth in services sector from employing 26.6% in 2014 to 33% in the current year has led to a jump in per capita income of the State, albeit with huge disparities between districts closer to the capital and those away from it

How China will play a major role in Beninโ€™s economic growth as a new era is ushered in

In Cotonou, Beninโ€™s largest city and economic capital located on the southern Atlantic coast, construction crews are busy building major projects, stretching from large-scale port upgrades to the asphalt-paving of the commercial hubโ€™s main roads. At the Autonomous Port of Cotonou, China Harbour Engineering Company is advancing Terminal 5, a project that involves reclaiming land from the sea and building two 100,000-tonne general purpose berths. Beyond municipal upgrades, Chinese firms are...

Likely moderation in economic activity, near-term growth outlook shows cautious resilience: Finance Ministry

The Finance Ministry said India's macroeconomic position in May 2026 reflects cautious resilience, adding that strong services exports, adequate foreign exchange reserves and a stable labour market provide a firm foundation

India-US ties: Ambassador Gor outlines โ€˜win-winโ€™ economic growth, highlights security cooperation as core strategic pillar

Gor argued that the U.S. is โ€˜uniquely positionedโ€™ to serve as the โ€˜main facilitatorโ€™ of economic growth across Central and South Asian regions.

Hong Kong exports surge 43% in April, driven by strong demand for AI electronics

Hong Kongโ€™s exports rose by nearly 43 per cent year on year in April, driven by strong global demand for artificial intelligence-related electronics, though the government warned that escalating Middle East tensions could cloud the near-term outlook. Provisional figures released by the Census and Statistics Department on Thursday showed that the total value of exports rose by 42.9 per cent in April to HK$620.9 billion (US$79.3 billion), following a 35.8 per cent increase in March. Aprilโ€™s surge...

Nirmala Sitharaman urges focus on Fuel, Fertiliser, Forex; hits out at critics for peddling pessimism

Stating that India's policy response has been calibrated to preserve domestic growth, FM said the cut in diesel and petrol excise duties will lead to a revenue impact of โ‚น1 lakh crore.

Will Chinaโ€™s residency changes to social insurance unlock economic growth?

Chinaโ€™s decision to ease residency restrictions on social insurance applicants will help unleash positive, long-term economic growth, according to analysts. The new measures announced on Friday by the State Council are part of Chinaโ€™s broader push to create a unified national market by removing barriers to the free flow of capital and talent. Under the new policy, workers can enrol in social insurance programmes in the cities where they are employed, regardless of their official household...

Infrastructure is foundation of economic growth, says M. Jamshed

M. Jamshed described Maharashtra as a โ€œlighthouseโ€ for infrastructure development from Delhiโ€™s perspective and expressed hope that the State would continue to retain that position

BJP's Bengal win can reshape India's economic direction: Pradeep Gupta

Pradeep Gupta pointed out that regions with a strong port infrastructure and trade networks historically became centres of prosperity

Hong Kongโ€™s tourism rebound needs new measures of success

When it comes to tourism, Hong Kong is recovering footfall faster than spending and officials need to realise that the two are not the same. The cityโ€™s economy grew by 5.9 per cent year on year in the first three months, its strongest quarterly performance in almost five years, according to the Census and Statistics Departmentโ€™s advance estimate. Financial Secretary Paul Chan Mo-po pointed to a 17 per cent rise in first-quarter visitor numbers and 5.2 per cent increase in retail and catering...

Pawan Kalyan welcomes PM Modi on Telangana visit, thanks NDA government for โ‚น9,400-crore projects

The Andhra Pradesh Deputy Chief Minister and Jana Sena Party chief said the foundation-laying for projects worth โ‚น9,400 crore would strengthen infrastructure, connectivity and economic growth in Telangana

Can Vietnamโ€™s bureaucracy reform boost investment amid growth threats?

A bonfire of red tape to unleash investment and complete stalled projects across Vietnam may drive economic expansion but is unlikely to offset the damage caused by US tariffs and the fuel crisis which have threatened the countryโ€™s growth ambitions. Vietnamโ€™s Communist Party General-Secretary and President To Lam, the most powerful leader in a generation, has set an annual growth target of 10 per cent until 2030 to galvanise a nation whose ponderous bureaucracy has snarled private investment and...