The World Bank has retained India’s GDP growth forecast for the financial year 2023-24 at 6.3 per cent, but noted that the country continued to show resilience against the backdrop of a challenging global environment.
Morgan Stanley has upwardly revised their economic growth forecast for India for fiscal year 2024 after April-June quarter data showed it grew at its quickest pace in a year.
S&P Global Ratings on Monday cut India's economic growth forecast for the current fiscal year ending March to 7 per cent as against 7.3 per cent projected earlier.
New Delhi [India], October 12 (ANI): Snapping three straight sessions of losses, Indian stocks traded in the green on Wednesday morning, largely due to value buying by investors.
New Delhi [India], July 22 (ANI): The Asian Development Bank has reduced India's Gross Domestic Product estimate for the current financial year 2022-23 to 7.2 per cent from its earlier projection of 7.5 per cent, citing higher-than-expected inflation will erode consumers' purchasing power.
Washington [US], June 16 (ANI): The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994.
Mumbai (Maharashtra) [India], Aug 6 (ANI): Equity benchmark indices reeled under pressure during second half of the session on Friday as investors booked profit after the Reserve Bank of India retained its real GDP forecast at 9.5 per cent for FY22 but revised the inflation forecast upwards
Mumbai (Maharashtra) [India], June 4 (ANI): Equity benchmark indices closed lower on Friday as the Reserve Bank of India (RBI) maintained status quo on key interest rates but cut FY22 GDP forecast to 9.5 per cent due to Covid-19 pandemic's impact on lives and businesses.
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday cut its forecast of real GDP growth at 9.5 per cent in the current financial year (2021-2022).