Search For "gdp growth forecast"
Sensex drops 434 points after RBI cuts repo rate and GDP forecast
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): The interest rate cut by Reserve Bank of India (RBI) failed to boost market sentiment on Friday as equity benchmarks fell after the central bank also lowered its forecast of GDP growth rate to 6.1 per cent for the current financial year.
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RBI's dovish stance point to further rate reductions but lower GDP forecas
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 4 (ANI): Reduction of interest rate by 0.25 per cent by the Reserve Bank of India (RBI) and the accompanying dovish statement keeps the door open for future reductions to revive economic growth amid volatile global trade, experts said on Friday.
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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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RBI cuts repo rate by 25 basis points to 5.15 pc, reduces growth forecast
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the current 5.4 per cent in a bid to support government measures for boosting economic activity amid benign inflation.
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Moody's lowers India's GDP growth forecast for 2019 to 6.2 pc from 6.8 pc
Updated : 6 years, 6 months ago IST
Singapore, Aug 23 (ANI): Moody's Investors Service on Friday cut India's GDP growth forecast for the calendar year 2019 to 6.2 per cent from its previous estimate of 6.8 per cent.
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Sensex falls 286 points after RBI rate cut, Nifty ends below 10,900
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): Equity indices fell to low levels during the last hour of trading on Wednesday after the Reserve Bank of India (RBI) cut the repo rate by 35 bps at 5.4 per cent.
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IMF cuts India's GDP growth forecast to 7 per cent for FY20
Updated : 6 years, 7 months ago IST
Washington DC [India], July 23 (ANI): The International Monetary Fund (IMF) has cut its projection for India's economic growth by 0.3 percentage points to 7 per cent for the fiscal year 2019-20 owing to the "weaker-than-expected outlook" for the domestic demand.
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ADB lowers India's GDP growth forecast to 7 pc for FY20
Updated : 6 years, 7 months ago IST
Manila [Philippines], July 18 (ANI): Asian Development Bank on Thursday cut India's gross domestic product (GDP) growth forecast to 7 per cent for the current financial year on the back of fiscal shortfall concerns.
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RBI retains 7.4 percent GDP growth forecast
Updated : 7 years, 9 months ago IST
New Delhi [India], June 6 (ANI): The Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday announced that the Monetary Policy Committee (MPC) has retained its FY19 GDP growth forecast at 7.4 percent.
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RBI cuts FY17 GDP growth target to 7.1 pct on demonetisation impact
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 7 (ANI): The Reserve Bank of India on Wednesday trimmed the GDP growth forecast for the current fiscal sharply to 7.1 percent from 7.6 percent target earlier, citing demonetisation as the main reason.
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