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May 25, 2025, 09:36 AM - 4 min read
India has emerged as the world’s fourth-largest economy, surpassing Japan with a GDP of USD 4 trillion, according to IMF data. NITI Aayog CEO B.V.R. Subrahmanyam announced the milestone, noting India could soon become the third-largest economy if current reforms stay on course.
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January 23, 2025, 03:28 PM - 2 min read
Japan has recorded a trade deficit for four consecutive years, but last year's deficit was considerably smaller than the 9.5 trillion yen deficit for 2023.
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June 10, 2024, 02:35 PM - 2 min read
Several factors have contributed to the economic downturn. Wage growth has been sluggish, and the cost of imports has risen due to the depreciation of the Japanese yen against the U.S. dollar. The dollar is currently trading at nearly 157 yen, up from about 140 yen a year ago.
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