Washington DC [USA], March 31 (ANI): A strong rebound in private consumption and investment growth is likely to push India's FY22 growth to 10.1 per cent, according to the World Bank, much higher than the 5.4 per cent it had projected in January.
London [UK], December 8 (ANI): Fitch Ratings has revised India's GDP forecast to minus 9.4 per cent in the current fiscal year from a previously projected contraction of 10.5 per cent after the economy staged a sharper rebound in the second quarter.
New Delhi [India], November 19 (ANI): Moody's on Thursday raised India's gross domestic product (GDP) forecast for 2020 to 10.6 per cent contraction, from an 11.5 per cent contraction projected earlier. It also revised calendar year 2021's GDP upwards to 10.8 per cent compared to the earlier
New Delhi [India], November 12 (ANI): Moody's on Thursday raised India's GDP forecast for the calendar year 2020 upwards to -8.9 per cent contraction from -9.6 per cent contraction forecast earlier. Similarly, India's GDP forecast for the calendar year 2021 has been revised upwards to 8.6
Mumbai (Maharashtra) [India], Sep 8 (ANI): Fitch Ratings has sharply lowered its forecast for India's gross domestic product (GDP) growth for the current fiscal year (FY21) and expects it to contract by 10.5 per cent as compared to its earlier estimate of 5 per cent contraction.
New York [USA], April 30 (ANI): Moody's Investors Service has lowered its 2020-21 real GDP forecasts for all G-20 economies on the ground that economic costs of coronavirus crisis amid the near shutdown of the global economy are accumulating rapidly.
London [UK], April 23 (ANI): Fitch Ratings has made further large cuts to global GDP forecasts in its latest Global Economic Outlook (GEO) in response to coronavirus-related lockdown extensions and incoming data flows, saying the Indian economy is expected to grow at below one per cent this
Raipur (Chhattisgarh) [India], Mar 9 (ANI): Union Minister of State for Finance Anurag Thakur on Monday said that US-China trade war and coronavirus have impacted global trade.
New York [USA], Feb 17 (ANI): Moody's Investors Service on Monday revised its growth forecasts for India to 5.4 per cent for 2020 calendar year and 5.8 per cent for 2021, down from its previous projections of 6.6 per cent and 6.7 per cent.
Mumbai (Maharashtra) [India], Dec 5 (ANI): Equity benchmark indices witnessed volatile session and ended lower on Thursday after the Reserve Bank of India (RBI) surprised by keeping its interest rates unchanged.
Mumbai (Maharashtra) [India], Dec 5 (ANI): Divergent industry views emerged after the Reserve Bank of India (RBI) on Thursday kept repo rate unchanged at the current level of 5.15 per cent and lowered its GDP forecast to 5 per cent for the current financial year 2019-20.
New Delhi [India], Dec 5 (ANI): As the Reserve Bank of India (RBI) revised gross domestic product (GDP) growth projection for the current financial year 2019-20 to 5 per cent from its earlier forecast of 6.1 per cent, former Finance Minister and senior Congress leader P Chidambaram said that