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JULY 2023 ECONOMIC REPORT
Global Market: UK stocks rise after services PMI signals economic recoveryBritain's services sector returned to growth in July, with the S&P Global Services PMI rising to 52.1 as stronger domestic demand and easin...
Bangladesh PM Tarique Rahman opens museum at Hasina's former residence, honours uprising martyrsDhaka inaugurated a memorial museum at Sheikh Hasina's former residence. This museum commemorates victims of the July-August 2024 student p...
Euro zone services revival drives activity in July but outlook clouded by Iran war, PMI showsEuro zone business activity reached an eight-month high in July. Services activity rebounded, joining a strengthening manufacturing sector....
Global Market: China's services growth slows to 10-month low in July; weak demand weighs on outlookChina's services sector expanded at its weakest pace in 10 months in July as softer domestic demand slowed business activity, reinforcing c...
India's July services sector growth slides to over four-year low as demand wilts: PMIIndia's services sector growth slowed significantly in July, reaching its weakest pace in over four years. New business expansion was moder...
Registration of Births and Deaths Amendment Bill 2026 passed in Rajya Sabha amidst Opposition sloganeeringThe Registration of Births and Deaths (Amendment) Bill, 2026, was passed in the Rajya Sabha. This bill aims to tighten rules for registerin...
Global Market: South Korea's July inflation cools below expectations as oil prices ease; rate hike bets remainSouth Korea's consumer inflation eased to a three-month low in July, falling below market expectations. Lower oil prices significantly cont...
Factories faced weaker demand, higher costs in July as Iran war grinds onIn July, China's manufacturing activity experienced a decline attributed to dwindling demand alongside escalating costs. Meanwhile, the Eur...
Public anger growing, people demanding accountability: Congress on E20 petrol roll outCongress criticizes the Modi government's E20 petrol rollout, citing consumer complaints. Reports indicate reduced mileage and engine perfo...
China factory growth slows to 4-month low in July, survey showsChina's manufacturing sector expanded at its slowest pace in four months during July. Output and new orders rose more slowly, while export ...
Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gasPetrol and diesel sales saw a significant increase in July. Below-normal monsoon rains boosted demand from farmers and motorists. Diesel sa...
Suzuki Motorcycle India sales up 26pc at 1,42,985 units in JulyThe company had sold 1,13,600 units in July 2025, Suzuki Motorcycle India Pvt Ltd (SMIPL) said in a statement. Domestic sales were at a rec...
AI bubble gone bust? Once a billionaire, how AI investor Leopold Aschenbrenner lost most of his hedge fund’s fortune in daysAschenbrenner's fund, Situational Awareness, massively grew to as big as $45 billion at the beginning of July before big losses took hold, ...
India's gross GST collections rise 15.4% to Rs 2.11 lakh crore in JulyIndia's GST collections reached Rs 2.11 lakh crore in July 2026, reflecting a 15.4% growth year-on-year. The surge in revenue was largely d...
Nissan Motor India wholesales jump 66.5% to 9,339 units in July, domestic sales more than tripleNissan India reported a substantial 66.5 percent rise in total wholesales last month. Domestic wholesales saw a significant jump to 4,518 u...
Registration of Births and Deaths (Amendment) Bill, 2026 passed in Lok Sabha amid protests over police crackdownThe Lok Sabha passed the Registration of Births and Deaths (Amendment) Bill, 2026, on Friday. This important bill was approved by voice vot...
Lohia Corp shares list at 8% premium over IPO price on NSELohia Corp debuted on the bourses with premiums of up to 8.47% over its IPO price, outperforming grey market expectations. The Rs 1,101 cro...
Charting the global economy: Growth picks up, AI boom continuesUS unemployment claims reached a near 60-year low, signaling a stable labor market. The European Central Bank rejected an immediate rate hi...
Euro zone business activity returns to growth in July for first time in four months, PMI showsEuro zone business activity returned to growth in July for the first time in four months, driven by a rebound in new orders and stronger ma...
India's private sector growth slumped to over four-year low in July, PMI showsIndia’s private sector growth slowed sharply inJuly, reaching its weakest level in more than four years, mainly due to a significant slowdo...