New Delhi [India], September 22 (ANI): S&P Global Market Intelligence on Thursday said mainland China's economy is expanding again after a setback in the second quarter due to Covid-19 lockdowns while the global economic outlook for 2023 has dimmed as financial conditions deteriorated.
New Delhi [India], September 15 (ANI): The European gas crisis, high inflation and the pace of global monetary policy tightening are taking a heavy toll on economic prospects, rating agency Fitch Ratings' September 2022 Global Economic Outlook (GEO) said. European wholesale gas and electrici
New Delhi [India], September 5 (ANI/Mediawire): Iconic monuments, a heritage trade route that once fuelled the world's economic corridors, and a country that gave the world jugaad - the most important lesson on entrepreneurship. That perhaps may not be the perfect summary to introduce India,
Islamabad [Pakistan], July 29 (ANI): The ongoing political unrest in Pakistan is increasing economic uncertainty, causing the rupee to depreciate, and impacting the cost of production.
Washington [US], July 26 (ANI): The International Monetary Fund (IMF) said on Tuesday that it has revised downwards its forecast for China's economic growth by 1.1 per cent in 2022 and by 1.3 per cent next year.
New Delhi [India], July 18 (ANI): The Indian economy remains resilient despite formidable global headwinds and amidst fears of a recession, the Reserve Bank of India said in its latest monthly bulletin.
New Delhi [India], July 16 (ANI): Though the overall virus-related concerns have eased with COVID infections becoming less deadly, a spike in new infections across G-20 economies is, however, a reminder that the emergence of newer and more dangerous variants remains a risk to the global econ
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.
New Delhi [India], July 12 (ANI): Though there are signs of easing commodity prices, the economic outlook for the current financial year 2022-23 remains quite uncertain and will ride completely on the wheels of private consumption and investment demand, said a report.
New Delhi [India], June 24 (ANI): The ongoing geopolitical developments in Ukraine have challenged India's economic prospects, thereby darkening the country's outlook and making it highly uncertain, said the Reserve Bank of India's Deputy Governor Michael Patra.
Buenos Aires [Argentina], June 9 (ANI/Xinhua): The Organization for Economic Cooperation and Development (OECD) on Wednesday upgraded its economic growth forecast for Argentina in 2022 to 3.6 per cent, or 1.1 percentage points higher than its previous December forecast.
Colombo [Sri Lanka], May 31 (ANI): Due to the introduction of a low tax regime in 2019 followed by the impact of COVID-19 on the country's revenue, Sri Lanka's economic outlook continues to be in a vulnerable state as the Island nation is facing the worst economic meltdown in its history.