New Delhi [India], March 30 (ANI): India Ratings and Research (Ind-Ra) on Wednesday cut India's GDP growth forecast for the 2022-23 financial year to 7 - 7.2 per cent from its earlier estimate of 7.6 per cent announced in January.
Washington [US], March 29 (ANI/Sputnik): US economic growth is expected to be capped at 2.5 per cent over the next two years due to inflation, which is currently "running too high," Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday.
New Delhi [India], March 22 (ANI): Rating agency Fitch on Tuesday lowered India's GDP growth forecast to 8.5 per cent for the financial year 2022-23 citing the risks to the economy due to higher energy prices.
Beijing [China], March 16 (ANI): China's Gross Domestic Product (GDP) growth could decrease by 1-2 per cent if Beijing, in order to fight the COVID-19 outbreak which is highest in the last two years, continues to impose lockdown in large portions of the country.
Beijing [China] March 11 (ANI): China, which is the second-biggest economy in the world, is facing a slowdown due to a slump in manufacturing, real estate, exports, inflation, and consumer spending, according to several reports, which added that the ongoing Ukraine crisis poses may further d
New Delhi [India] March 5 (ANI): China on Saturday said its gross domestic product (GDP) is expected to grow at 5.5 per cent in 2022, the lowest in more than 30 years.
New Delhi [India], February 28 (ANI): India's economic growth slowed to 5.4 per cent in the third quarter of the current financial year from 8.5 per cent in the previous quarter, according to official data released on Monday.
New Delhi [India], February 26 (ANI): Crude oil prices have been on the boil for some time now due to the escalating Russia-Ukraine conflict. It soared past $100 a barrel this week for the first time in over seven years. If the oil prices remain at this level, it will considerably upset Indi
Mumbai (Maharashtra) [India], February 10 (ANI): In line with expectations, the Reserve Bank of India (RBI) on Thursday kept key policy rates unchanged and maintained 'accommodative' stance in order to give priority to GDP growth.
Mumbai (Maharashtra) [India], February 10 (ANI): The Reserve Bank of India (RBI) on Thursday pegged the country's Gross Domestic Product (GDP) growth for the financial year 2022-23 at 7.8 per cent, which is lower than 8 to 8.5 per cent expansion projected in the Economic Survey tabled in par
New Delhi [India], January 31 (ANI): India is set to become the world's fastest-growing major economy with GDP growth of 9.2 per cent in the current financial year and projected to remain in the range of 8 to 8.5 per cent in 2022-23, according to Economic Survey 2021-22 tabled in Parliament
New Delhi [India], January 31 (ANI): India's economic growth is expected to remain in the range of 8 to 8.5 per cent in 2022-23 as against a projected growth of 9.2 per cent in the current financial year and a sharp contraction witnessed in 2020-21, according to the Economic Survey 2021-2