Japan’s economy expanded by 1 per cent

Growth in the World’s third largest Japanese economy expanded by 1 per cent in the first quarter, best for Japan in two years, up from an initial estimate of 0.6 per cent from the previous quarter according to an official government data. A leap in business spending aided growth above all expectations. It grew 3.9%…

Indian economy grew by 7.5 per cent and outpaces China!

Indian economy grew by 7.5 per cent unexpectedly in the 3 months ending in March 2015, higher than previous quarters, and outpaced China in the last two quarters. The country’s annual growth for the year 2014-15 is 7.3 per cent. If more population of an economic system have disposable income, then only does the demand…

Indian economy set to overtake China by 2017

India, Philippines and Vietnam are the new pace setters replacing China, Indonesia and Thailand, helped by cheaper oil and trading patterns as Chinese economic boom is beginning to fade. World Bank expect Chinese to dominate the economy until 2017 after which according to private analysts, India is well placed to outpace China for the top…