Search For "forecast"
AC manufacturers seek to cash in on India's scorching summer forecasts
Updated : 1 year, 11 months ago IST
India Meteorological Department (IMD) forecasts of a more than longer heatwave this summer, has given a reason to cheer for the air conditioner manufacturers. AC makers in India are ready with their stocks and are also launching new range of summer appliances for the mass market.
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Chinese economy to moderate in 2024: ADB
Updated : 1 year, 11 months ago IST
Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB).
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ADB raises India's growth forecast
Updated : 1 year, 11 months ago IST
The Asian Development Bank (ADB) has upgraded India's gross domestic product (GDP) growth forecast for financial year 2024 from 6.7 per cent to 7 per cent and 7.2 per cent in financial year 2025.
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WTO forecasts rebound in global trade in 2024
Updated : 1 year, 11 months ago IST
Global goods trade is expected to pick up gradually this year following a contraction in 2023 that was driven by high energy prices and related inflation, World Trade Organization (WTO) economists said in a new forecast.
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Crude oil prices can hit USD 100 a barrel in 2024 if OPEC maintains cuts:
Updated : 1 year, 11 months ago IST
According to S&P Global Commodity Insights, Russell Hardy, the CEO of Vitol, delivered this forecast, indicating that spot crude prices could surge to USD 100/b later this year if Organization of the Petroleum Exporting Countries (OPEC+) continues its production discipline and persists i
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Maharashtra, Karnataka, Gujarat pioneering trillion-dollar economy milesto
Updated : 1 year, 11 months ago IST
The analysis, presented in a recent publication by Ind-Ra, forecasts that India's economy is on track to ascend to the upper-middle-income category between fiscal years 2033 to 2036, eventually culminating in a USD 15 trillion economy by fiscal years 2043 to 2047.
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IMD using AI, machine learning for weather forecasts, says DG Mrutyunjay M
Updated : 1 year, 11 months ago IST
The India Meteorological Department (IMD) has started using artificial intelligence (AI) and machine learning in weather forecasts and it will expand it further into other areas to improve forecasts in coming years, IMD's director general Dr Mrutyunjay Mohapatra said.
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SBI forecasts 15 percent growth in deposits for FY25; expects RBI rate cut
Updated : 1 year, 11 months ago IST
This outlook comes amidst a backdrop of sustained momentum in credit growth, particularly across agriculture, MSME, and services sectors, as revealed by the latest credit growth numbers.
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AAI chairman forecasts 300 crore passengers annually by 2047
Updated : 1 year, 11 months ago IST
The Chairman of the Airports Authority of India, Sanjeev Kumar, anticipates a significant increase in air passenger numbers by 2047.
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Indian stocks close 2023-24 firm, indices accumulate 27-31pc returns
Updated : 1 year, 11 months ago IST
Indian stock market indices closed the financial year 2023-24 on a firm note, with Sensex and Nifty rising in the range of 0.8-0.9 per cent on Thursday, backed by firm economic growth forecasts by various global watchdogs and political stability at the federal level.
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Foreign investors turn net buyers in Indian stock market for second month
Updated : 1 year, 11 months ago IST
Firm GDP growth forecasts, inflation at manageable levels, political stability at the central government level and signs that the central bank is done tightening its monetary policy have all contributed to painting a bright picture for the Indian economy.
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Indian stocks close financial year on a firm footing, indices accumulate 2
Updated : 1 year, 11 months ago IST
Indian stock market indices closed the financial year 2023-24 on a firm note, with Sensex and Nifty rising in the range of 0.8-0.9 per cent on Thursday, backed by firm economic growth forecasts by various global watchdogs and political stability at the federal level.
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