Browsing: economy

China records it's first Economic Recession since 2021 - Asiana Times

China, the second-largest economy in the world, has recorded its first deflation since 2021, and the country’s growth is slowing at a great pace. The decline increases the likelihood that businesses will reduce production and lay off workers. Beijing prefers tailored measures to large-scale stimulus packages to reverse the trend, but people aren’t spending as a result of the economy’s sluggish income growth and uncertain future.

PM Modi's developmental era - Asiana Times

For more than a century, India’s railway system, known as the “lifeline of the nation,” has been an essential component…