Global rating agency Fitch Ratings has raised India's medium-term growth potential by 0.2 percentage points to 6.4 per cent, while it has reduced China's growth projection by 0.3 per cent to 4.3 per cent from 4.6 per cent.
The Pakistani federal government has reportedly fallen short of its economic growth target for the fiscal year 2024-25, achieving a growth rate of just 2.68 per cent against a projected 3.6 per cent, as reported by ARY News on Tuesday, citing sources from Pakistan's National Accounts Committ
Indian economy is expected to grow at 6.9 per cent in the January-March quarter 2025, the official data for which is scheduled to be released on May 30 by the National Statistics Office, according to rating agency ICRA.
Mumbai (Maharashtra) [India], May 12: Dun & Bradstreet, a global leader in business decisioning data and analytics, has released its Economy Observer report for May 2025. Economy Observer is a monthly report sharing in-depth analysis of key macroeconomic developments in India and provide
Taiwan's GDP growth is projected to slow significantly due to newly imposed 32 per cent US tariffs, with government officials warning it could fall to as low as 1.53 per cent this year. The government is holding back on expanding its relief fund but is initiating strategic talks with Washing
India's real GDP is revised downwards to grow at 6.5 per cent in the current financial year 2025-26 from earlier expectation of 6.7 per cent, highlighted Reserve Bank of India (RBI) Governor Sanjay Malhotra during the policy announcement on Wednesday.
Assam Chief Minister Himanta Biswa Sarma on Tuesday stated that Assam is now India's third-fastest-growing state, which was unimaginable a few years ago.
Union Minister Hardeep Singh Puri, speaking at the Times Now Summit, addressed questions regarding Modi's governance in its third term and asserted that there has been no dilution in governance since 2014.
Russian President Vladimir Putin urged Russian businesses to actively participate in BRICS projects, emphasising the bloc's growing economic influence. He highlighted BRICS' 4.9 per cent GDP growth in 2024 and stressed the importance of cooperation in energy, finance, and industry.
Fitch Ratings has revised India's growth rate for FY25-26 to 6.5 per cent and to 6.3 per cent for FY26-27 in its March Edition of the Global Economic Outlook because of the US-imposed global trade war. However, it adds that India is somehow insulated because of its self-sufficiency.
"With GDP growth projections above 6 per cent annually, India's energy demand will continue to soar, and the country will remain heavily reliant on fossil fuels, including oil, to meet its needs," said the report.
The GDP growth of the US economy is expected to slow down gradually over the next three years, according to a report by S&P Global Market Intelligence.