Search For "economic outlook"
Emerging-market economies in Asia are likely to be less affected by the gl
Updated : 2 years, 12 months ago IST
The emerging-market economies in Asia are likely to be less affected by the global slowdown, helped by the rebound in China and more moderate inflation pressures, according to 'OECD Economic Outlook, Interim Report March 2023: A Fragile Recovery,' released on Friday.
Read More
IMF predicts global inflation set to drop this year amid subpar economic g
Updated : 3 years ago IST
In most economies, amid the cost-of-living crisis, the priority remains to achieve sustained disinflation.
Read More
IMF projects slowdown in Pakistan's GDP from 3.5pc to 2pc
Updated : 3 years, 1 month ago IST
According to the Pakistan daily, the IMF had also projected that the GDP growth rate would rebound in the next fiscal 2023-24 up to 4.4 per cent.
Read More
IMF projects Indian economy to grow 6.1 pc in 2023; global growth to dip t
Updated : 3 years, 1 month ago IST
According to the update, IMF said growth in India is set to decline from 6.8 per cent in 2022 to 6.1 per cent in 2023 before picking up to 6.8 per cent in 2024, with resilient domestic demand despite external headwinds.
Read More
Dr Akhil J Madhu Received The Young Startup Leader Award at a Prestigious
Updated : 3 years, 1 month ago IST
New Delhi [India], January 21 (ANI/PNN): In a country like India, where there is immense manpower but a dearth of work opportunities, startups are essential for developing your own standard of living, improving people's living standards as well as the country's economic outlook. To support t
Read More
Pakistan's economic woes unlikely to resolve unless it fosters sustainable
Updated : 3 years, 2 months ago IST
According to the economic outlook, Pakistan's overall fiscal deficit stood at 1.5 per cent of GDP during July-October 2022-23 as compared to 0.9 per cent of GDP last year. The Dawn report said the fiscal deterioration was because of higher expenditure growth on the back of higher markup paym
Read More
Avoid unidimensional view of Indian subsidies: FM Sitharaman to World Bank
Updated : 3 years, 5 months ago IST
Washington [US], October 15 (ANI): Union Finance Minister Nirmala Sitharaman has said that despite this year's projected growth rate of 7 per cent for the Indian economy, India remains concerned about the global economic outlook and geopolitical environment.
Read More
Unemployment in Pakistan to shoot up by 6.4, inflation likely to increase:
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 13 (ANI): Inflation in Pakistan is expected to reach around 20 per cent in FY23, the International Monetary Fund (IMF) stated in its latest report and added that stubborn higher inflation would likely be seen in the south-Asian country, Dawn reported.
Read More
With 6.8 per cent GDP growth in 2022 India to remain fastest growing econo
Updated : 3 years, 5 months ago IST
New Delhi [India], October 11 (ANI): The International Monetary Fund (IMF) has lowered India's GDP growth forecast for the current year by 60 basis points to 6.8 per cent. However, despite the slowdown, India would maintain its position as the fastest-growing major economy in the world. Read More
China's slowdown dampens holiday spending, plunges to lowest level in 7-ye
Updated : 3 years, 5 months ago IST
Hong Kong, October 10 (ANI): Amid a darkening economic outlook that continues to erode consumer confidence, China's holiday spending plunges to a seven-year low as zero-Covid policy discouraged people from travelling or spending.
Read More
RBI hikes repo rate by 50 bps to fight high inflation, tightening policies
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): Reserve Bank of India's Governor Shaktikanta Das today announced the hike of the repo rate, the key lending rate, by 50 bps to 5.9 per cent. Explaining the rationale behind the policy, the governor said the bleak global economic outlook, persisting inflati
Read More
World Bank slashes economic outlook for China to 2.8 pc
Updated : 3 years, 5 months ago IST
Beijing [China], September 29 (ANI): The World Bank on Tuesday slashed China's 2022 economic growth projection to 2.8 per cent, pointing to Beijing's "zero-COVID" policy and housing market crisis.
Read More