The Asian Development Bank (ADB) has raised its growth forecast for India by 0.7 percentage points from 6.5 per cent to 7.2 per cent for 2025-26, days after India registered robust July-September quarter growth and prospects of a stronger fiscal.
Singapore, December 10: The Mastercard Economics Institute (MEI) today released its annual economic outlook for 2026, revealing that Asia Pacific's growth remains broadly stable even as the global economy adapts to rapid tariff changes, accelerating AI investment, and evolving consumer trend
Cement manufacturers are expected to see a significant improvement in profitability this fiscal, with operating margins set to rise by 250-300 basis points (bps) owing to better realisations supported by premiumisation and stable input costs, according to Crisil Intelligence.
The International Monetary Fund (IMF) has approved an immediate disbursement of USD1 billion to Pakistan under the Extended Fund Facility (EFF) and around USD 200 million under the Resilience and Sustainability Facility (RSF), bringing total disbursements to nearly USD 1.2 billion.
"The accompanying liquidity-enhancing measures, including open market purchases and forex swaps, underscore the growth-supportive nature of this policy decision. The repo rate cut is expected to support growth next fiscal, as monetary policy typically has a lagged effect."
Indian economy is projected to grow at 7.3 per cent in the current fiscal 2025-26, about a half percentage point higher than previously estimated, RBI Governor Sanjay Malhotra said Friday, announcing the decisions of Monetary Policy Committee.
Pakistan's struggle to meet its revenue targets for the ongoing fiscal year has once again highlighted the deep-rooted structural inefficiencies within the Federal Board of Revenue (FBR). Preliminary figures from the first quarter of FY 2025-26 reveal a shortfall of nearly Rs200 billion, sig
Stronger-than-expected economic growth has led to hardening of bond yields, leaving the market divided over the Reserve Bank of India's upcoming monetary policy decision, a report by Union Bank of India stated.
The government is on track to meet the fiscal deficit and capital expenditure (CAPEX) targets for the current financial year, supported by strong non-tax revenue inflows and front-loaded spending across key sectors, according to Ranen Banerjee, Partner and Economic Advisory Leader at PwC
The International Monetary Fund (IMF) has delivered a damning indictment of Pakistan's governance system, highlighting how elite manipulation, weak institutions, and political patronage continue to undermine the country's economic stability. The IMF's Governance and Corruption Diagnostic Ass
India's strong economic fundamentals and accelerating growth momentum are creating a favourable environment for equities, according to a report released by Kotak Mutual Fund.
Indian banks are set for a "decisive profitability inflection point" as net interest margins (NIMs) begin to recover after several quarters of compression, according to a latest sector report by Nomura.