Search For "gdp"
China's estimated GDP growth rate out of reach for Beijing: World Bank
Updated : 3 years, 2 months ago IST
In China, growth is projected at 4.3 per cent in 2023--0.9 percentage points below previous forecasts. The second-largest economy in the world is now falling back in the race.
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World Bank slashes Pakistan GDP growth projection to 2 per cent
Updated : 3 years, 2 months ago IST
Pakistan's economic condition is precarious with low foreign exchange reserves and large fiscal and current account deficits, has further worsened by severe flooding.
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World Bank cuts global growth estimate for 2023 over recession risks
Updated : 3 years, 2 months ago IST
According to the World Bank's latest Global Economic Prospects report, global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia's invasion of Ukraine.
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MP Gopal Shetty Inaugurates the yearly NAR-INDIA Olympiad 2022-23 In Mumba
Updated : 3 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 10 (ANI/GPRC): NAR-India kickstarted their 6th annual NAR-INDIA Olympiad today at Mumbai. The Sports event was inaugurated by Gopal Shetty, MP. The Olympiad is organised for all the stakeholders from the Real Estate sector and will be organised from 9th
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India will have to invest significant share of its GDP to improve rural ro
Updated : 3 years, 2 months ago IST
The IMF in a book -- South Asia's Path to Resilient Growth -- said gradually raising rural access to 90 per cent by 2030 would require about 2.4 million additional km of all-weather roads which is an increase of 39 per cent in road length.
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Chinese firms reap profits from mines in Balochistan, locals deprived of b
Updated : 3 years, 2 months ago IST
Balochistan province turned out to be an ATM for Chinese companies but it still remains an impoverished region with a per capita GDP under USD 1,000, which means that the residents are getting nothing. Under the agreement signed in 1995, 46-48 per cent of revenue was given to MCC, 53 per cen
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India's real GDP to grow at 7 pc in FY23: First Advance Estimates
Updated : 3 years, 2 months ago IST
Nominal GDP or GDP at current prices in the year 2022-23 is estimated at Rs 273.08 lakh crore, as against the provisional estimate of GDP for the year 2021-22 of Rs 236.65 lakh crore released on May 31, 2022.
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India's G20's Presidency: Troika of developing countries to set agenda for
Updated : 3 years, 2 months ago IST
India's G20 Presidency, which started on December 1, 2022, is special as for the first time the 'Troika' will comprise only developing countries that will set the agenda for two-thirds of the world population, representing around 85 per cent of the global GDP and over 75 per cent of the glob
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Ratio of corporate tax collection to GDP exceeds 3% in FY22 after 2 years
Updated : 3 years, 2 months ago IST
The net corporate tax collection was Rs 7.12 lakh crore in 2021-22 while GDP was at Rs 236.64 lakh crore at current market price. The percentage of net corporate tax to GDP is 3.01 per cent. This ratio was the highest in 2018-19, according to data of corporate tax collection for a span of fi
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Pakistan's economic woes unlikely to resolve unless it fosters sustainable
Updated : 3 years, 2 months ago IST
According to the economic outlook, Pakistan's overall fiscal deficit stood at 1.5 per cent of GDP during July-October 2022-23 as compared to 0.9 per cent of GDP last year. The Dawn report said the fiscal deterioration was because of higher expenditure growth on the back of higher markup paym
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India's current account deficit widens in July-September quarter: RBI data
Updated : 3 years, 2 months ago IST
India's current account balance recorded a deficit of USD 36.4 billion (4.4 per cent of GDP) in Q2 of 2022-23 (July-September), up from USD 18.2 billion (2.2 per cent of GDP)1 in Q1 (April-June), RBI's balance of payments (BoP) data showed on Thursday.
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Pakistan Finance Minister Ishaq Dar assures country 'will not default'
Updated : 3 years, 2 months ago IST
Ishaq Dar stressed that Pakistan was on the verge of default in 2013. However, their government was able to move the country out of the crisis by using "good economic steps."
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