Bharat News and Analysis

Economy

India’s Astonishing Growth Rate Captivates the World

By Sanjeev Oak While the global economy struggles with a meager growth rate of 2.9%, India has emerged as the fastest-growing major economy, boasting a remarkable growth rate of 6.3%. In a world inching towards recession, India’s growth trajectory stands as a testament to its resilience and potential. Here’s an analysis of this extraordinary feat. Global Bank’s Forecast: A Testament …

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First Republic Bank Shuts Down

By Sanjeev Oak The financial crisis in American banks persists, and First Republic Bank has now succumbed to its impact. Just two months ago, three U.S. banks collapsed within 48 hours, but no substantial lessons were learned by the authorities. This time, First Republic Bank lost $100 billion in deposits over the last three months, leading to its shutdown. JPMorgan …

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U.S. Economy Heading Toward Recession

By Sanjeev Oak The U.S. economy, renowned as a global superpower, is showing clear signs of heading toward a recession. Indicators such as rising unemployment and slowing economic growth have been apparent since last year. Recent data has now confirmed these concerns. Unemployment on the Rise In July, the U.S. recorded its fourth consecutive monthly increase in the unemployment rate. …

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A Reflection of India’s Robust Growth

By Sanjeev Oak India’s stock market recently crossed a market capitalization of $5.5 trillion, with the Sensex breaching the 82,000-point mark and the Nifty surpassing 25,000 points. This rapid ascent reflects India’s strong economic growth and underscores the need to understand the factors driving this market surge. Milestones in Market Growth India’s stock market has reached a pivotal position with …

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