Search For "economic output"
Global economy resilient, but trade tensions, fiscal strains cloud outloo
Updated : 2 months ago IST
Global economic output is forecast to grow by 2.7 per cent in 2026, slightly below the 2.8 per cent estimated for 2025 and well below the pre-pandemic average of 3.2 per cent, according to the World Economic Situation and Prospects 2026, released by the United Nations on Thursday.
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Advanced manufacturing key to achieving Viksit Bharat vision by 2047: NITI
Updated : 3 months ago IST
India needs to rapidly scale up advanced manufacturing and frontier technologies to meet its long-term growth ambitions, Neeraj Huddar, Resident Fellow at NITI Aayog and Lead Architect of the NITI Frontier Tech Hub, said on Monday, warning that a business-as-usual approach could leave a mult
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Microfinance can drive 'Macro Progress', says RBI Deputy Governor Swaminat
Updated : 3 months, 2 weeks ago IST
Reserve Bank of India (RBI) Deputy Governor Swaminathan J said that microfinance, when delivered responsibly, can become a driver of broad-based economic progress and play a pivotal role in advancing India's journey towards Viksit Bharat 2047.
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Uttarakhand emerges as key economic hub, setting new benchmarks for indust
Updated : 1 year ago IST
The state's economic output has surged to Rs. 2.87 lakh crore, while its per capita income stands at Rs 2.61 lakh--strong indicators of its remarkable progress and investment potential.
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Pakistan's debt burden and fiscal challenges: Report
Updated : 1 year, 9 months ago IST
The government has been grappling with an unsustainably high fiscal deficit, averaging 7.3 per cent of economic output over the past five years, leading to a staggering national debt of PKR 78.9 trillion.
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Indian real estate to surge to USD 1.5 tn BY 2034: CII-Knight Frank report
Updated : 1 year, 11 months ago IST
This growth trajectory is anticipated to bolster India's economic output, with the real estate sector poised to contribute 10.5 per cent to the nation's GDP by the same year.
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China's largest manufacturing hub Guangdong facing electricity shortages
Updated : 4 years, 8 months ago IST
Guangzhou [China], June 22 (ANI): China's southern province of Guangdong, which is the country's main manufacturing hub, has been left in the throes of an electricity shortage following scarce rain, rising coal prices and rapid inland industrialisation, casting uncertainty over 10 per cent o
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Hard times are here, says Sunak as UK's economic output shrinks 20% in sec
Updated : 5 years, 7 months ago IST
London [UK], August 12 (ANI): Amid the raging coronavirus pandemic, United Kingdom's economic output shrank by 20.4 per cent in the second quarter of 2020.
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Sensex turns red after RBI lowers GDP forecast to 6.1 pc
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): Equity benchmark indices reversed early morning trends and turned red on Friday afternoon after the Reserve Bank of India cut repo rate by 25 basis points to 5.15 per cent but also lowered its GDP growth forecast for the current financial year to 6.
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G20 summit can play key role in rebooting global growth: Chinese media
Updated : 8 years, 6 months ago IST
Beijing, Aug. 23 (ANI): Highlighting that G20 nations are expected to play a bigger role in managing the world economy with two thirds of the world's population and more than 80 percent of global economic output, a Chinese news agency has said that the upcoming summit is a prime opportu
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