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What the Pope's visit to the DRC and South Sudan means
Pope Francis is in the Democratic Republic of the Congo (DRC) in his second day in a mission that aims to bring peace in the eastern part of the country where thousands have been killed recently in an ongoing conflict.Read More 1 February 2023 | 5:30 pm
Exxon’s record $56 billion profit has renewed the White House’s outrage at oil companies
ExxonMobil raked in $55.7 billion in annual profits, shattering a 2008 record of $45 billion and setting a new goalpost for American and European fossil fuel companies.Read More 1 February 2023 | 2:49 pm
This tool can help you get ready for your next career move
As a former head of people, almost all of them were curious about two questions: Is this what I should be doing with my time and talents? And if so, what’s next? Whether you’re eyeing a career pivot at the company you’re at, or a fresh start at a new company, this tool can help you prepare for your best next.Read More 1 February 2023 | 4:05 am
It’s time for companies to digitally grow up. Here’s how
Gen Z grew up with tech in their hands and information at their fingertips. So the fact that the generation of 15-second TikTok videos and 280-character tweets doesn’t tolerate cumbersome, manual work processes should surprise no one.Read More 31 January 2023 | 7:07 pm
India's LIC and public sector banks are reassessing their Adani stakes
US-based Hindenburg Research’s allegations of fraud against India’s Adani group have sparked panic among investors since Jan. 25. Since the publication of the damning report, the conglomerate’s seven listed companies have lost $68.3 billion, nearly a third of their market value.Read More 31 January 2023 | 4:35 pm
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Quartz is a digitally native news outlet for the new global economy.Latest news and headlines around the world related to the state of the global economy. News, analysis and comment from the Financial Times, the worldʼs leading global business publication. Get all updates on INTERNATIONAL ECONOMY NEWS, Business news, Global market news, world business, global business trade on Business Standard.
What is today's economic news?
- CBDC to bring down time, cost for cross-border transactions: RBI Deputy Guv Sep 7, 2022, 04:01 PM IST.
- Cabinet lowers railway land licensing fee, sources say Sep 7, 2022, 02:18 PM IST.
- India will cement its place in the upper echelons of tech manufacturing: Mukesh Aghi, USISPF Sep 7, 2022, 02:05 PM IST.
What is the biggest economy in the world?
the United States
With a GDP of 22.3 trillion USD, the United States is by far the world's largest economy in this ranking for 2022. It is followed by China in 2nd place with a GDP of still 19.9 trillion USD.
What is India's rank in GDP?
India's economy is the fifth-largest in the world with a GDP of $2.94 trillion, overtaking the UK and France in 2019 to take the fifth spot. India's GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany.