Mumbai (Maharashtra) [India], September 6 (ANI): Motilal Oswal Financial Services on Monday projected a real gross value added (GVA) growth of 7 to 8 per cent year-on-year in the second quarter of current fiscal year versus 20.1 per cent growth in 1Q FY22.
Karachi [Pakistan], May 23 (ANI): Pakistan likely to witness a financial crisis as the flow of foreign investment into the country's economy dropped 32.5 per cent to USD 1.55 billion in the first 10 months of the current fiscal year.
Islamabad [Pakistan], May 11 (ANI): Pakistan's exports to Afghanistan have declined in the current fiscal year, which is depriving the former country of a major market for its products and dwindling trade with its neighbour.
Islamabad [Pakistan], May 6 (ANI): Pakistan's trade deficit widened to USD 23.8 billion, exceeding the annual target by USD 4.1 billion in 10 months of the current fiscal year.
Islamabad [Pakistan], April 5 (ANI): Pakistan's development projects of the National Highway Authority (NHA) have been stalled due to a lack of disbursement of funds under the Public Sector Development Programme (PSDP) for the third quarter of the current fiscal year.
Islamabad [Pakistan], March 23 (ANI): Even as Pakistan's foreign debt and liabilities continue to mount, its reliance on foreign commercial loans has been increasing at rapid pace as the country obtained USD 3.110 billion through this head out of a total of USD 7.2 billion external loan infl
Islamabad [Pakistan], February 27 (ANI): As Pakistan's financial debt continues to mount, the Imran Khan government received USD 6.7 billion in gross foreign loans in the first seven months of the current fiscal year, including a new commercial loan of USD 500 million from China last month.
New York [USA], January 11 (ANI): Fitch Ratings expects India's economy to contract by a record 9.4 per cent in the current fiscal year ending March 2021 (FY21) amid the shock from coronavirus pandemic but this represents a 1.1 percentage point improvement from its our previous forecast, ref
Manila [The Philippines], December 10 (ANI): The Asian Development Bank (ADB) on Thursday raised growth forecast for India in current fiscal year to minus 8 per cent from minus 9 per cent projection in September while keeping the outlook for next fiscal year at 8 per cent.
London [UK], December 8 (ANI): Fitch Ratings has revised India's GDP forecast to minus 9.4 per cent in the current fiscal year from a previously projected contraction of 10.5 per cent after the economy staged a sharper rebound in the second quarter.
Mumbai (Maharashtra) [India], December 4 (ANI): Retail inflation is likely to remain elevated with the Reserve Bank of India on Friday pegging it at 6.8 per cent in the third quarter (October to December) of current fiscal year (2020-21).
Mumbai (Maharashtra) [India], December 4 (ANI): The Reserve Bank of India (RBI) on Friday revised its forecast of economic growth for the current fiscal year (2020-21) to minus 7.5 per cent compared to its earlier forecast of minus 9.5 per cent.