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Fitch Ratings increases global GDP growth outlook but US slowdown evident
Updated : 8 months, 1 week ago IST
Fitch Ratings has revised its global GDP growth forecast moderately upward to 2.4 per cent for 2025, an increase of 0.2 percentage points from the June outlook.
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S&P cuts US growth forecast sharply but rules out chances of a recessi
Updated : 1 year, 1 month ago IST
S&P Global Ratings has lowered the US GDP forecast for 2025, sharply by 50 basis points to 1.5 per cent, while raising its inflation forecast. For 2026, the US growth projection has been lowered by 20 basis points to 1.7 per cent.
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S&P lowers India's growth forecast, second time in two months over US
Updated : 1 year, 1 month ago IST
The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 per cent, amid uncertainties arising from trade worries following the reciprocal tariffs announced by the US.
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GDP Growth of US economy to slow down gradually to 1.6% by 2027 from 2.8%
Updated : 1 year, 2 months ago IST
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.
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Fitch raises 2023 global growth outlook, says economic activity firmly pla
Updated : 2 years, 11 months ago IST
Fitch Ratings has raised the global growth forecast for 2023 to 2.4 per cent from its March estimate of 2.0 and noted that economic activity the world over is holding up better than as was expected.
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US economy expands 2.9 per cent in December quarter
Updated : 3 years, 4 months ago IST
"The increase in private inventory investment was led by manufacturing (mainly petroleum and coal products as well as chemicals) as well as mining, utilities, and construction industries (led by utilities)," the US Department of Commerce said.
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Antimicrobial Resistance will reduce global annual GDP by 3.8 pc by 2050:
Updated : 3 years, 6 months ago IST
New global estimates show that in 2019, nearly 5 million human deaths worldwide were associated with bacterial AMR, of which 1.3 million human deaths were directly attributable to bacterial AMR. In a high-impact scenario, AMR will reduce global annual GDP by 3.8 per cent by 2050.
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Mainland China's economy is expanding while global economic outlook for 20
Updated : 3 years, 8 months ago IST
New Delhi [India], September 22 (ANI): S&P Global Market Intelligence on Thursday said mainland China's economy is expanding again after a setback in the second quarter due to Covid-19 lockdowns while the global economic outlook for 2023 has dimmed as financial conditions deteriorated.
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Reliance Foundation partners with W-GDP, USAID to bridge gender digital di
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 12 (ANI): A new partnership between the US Agency for International Development (USAID) and Reliance Foundation will bridge the gender digital divide in India under the Women's Global Development and Prosperity (W-GDP) Initiative.
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China's quarterly economic growth slows to record low of six per cent
Updated : 6 years, 7 months ago IST
Beijing [China], Oct 18 (ANI): Amid a trade war with the United States, China's economic growth dropped to a 27-year low in the third quarter of 2019.
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