New Delhi [India], July 21 (ANI): Industry body FICCI has downgraded India's annual Gross Domestic Product (GDP) growth forecast for the financial year 2022-23 at 7.0 per cent --- with a minimum and maximum growth estimate of 6.5 per cent and 7.3 per cent, respectively.
Islamabad [Pakistan], July 19 (ANI): Amid renewed political volatility, the Fitch Ratings agency on Tuesday downgraded Pakistan's outlook from stable to negative.
New Delhi [India], July 14 (ANI): Faced with a "darkening" economic outlook, the International Monetary Fund (IMF) is set to further downgrade global growth for both 2022 and 2023 in its World Economic Outlook Update to be released later this month.
Washington [US], June 7 (ANI/Xinhua): The global economy is on track to grow by 2.9 percent in 2022, down 1.2 percentage points from the January projection, the World Bank Group said in its latest Global Economic Prospects released on Tuesday, warning of stagflation risk.
Islamabad [Pakistan], June 4 (ANI): The New York-based credit rating agency Moody's Investor Service downgraded Pakistan's outlook to negative from stable amid a delay in a deal with the International Monetary Fund (IMF) for an economic bailout.
Moscow [Russia], May 16 (ANI/Sputnik): The European Commission has lowered the Eurozone's GDP projection for 2022 to 2.7 per cent from 4 per cent, according to the EU body's fresh report released on Monday.
Geneva [Switzerland], April 13 (ANI/Sputnik): The World Trade Organization (WTO) has downgraded its forecast for global GDP growth in 2022 to 2.8% from the previously expected 4.1%, according to a fresh report released on Tuesday.
Moscow [Russia], March 9 (ANI/Sputnik): International rating agency Fitch Ratings said it has downgraded Russia's long-term foreign-currency issuer default rating to 'C' from 'B'.
New Delhi [India], March 8 (ANI): Global brokerage firm Credit Suisse on Tuesday downgraded Indian equities markets to 'underweight' from 'overweight' saying the high crude oil prices would lead to inflationary pressures and hurt the current account.
New Delhi [India], March 3 (ANI): The global rating agency Moody's Investors Service (Moody's) on Thursday downgraded the Government of Russia's long-term issuer (local- and foreign-currency) and senior unsecured (local- and foreign-currency) debt ratings by several notches to B3, a junk sta
New Delhi [India], March 2 (ANI): The Board of Control for Cricket in India (BCCI) has downgraded the grade of veteran batters Ajinkya Rahane and Cheteshwar Pujara in the latest central contracts list.
Jammu (Jammu and Kashmir) [India], January 6 (ANI): The strength of Special Security Group (SSG) protecting the four former Chief Ministers of Jammu and Kashmir-- Omar Abdullah, Mehbooba Mufti, Farooq Abdullah, Ghulam Nabi Azad-- will be reduced, as per an order by Jammu and Kashmir governme