Search For "gdp"
Credit quality of India Inc strengthens in April-Sept 2022: ICRA
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 3 (ANI): The credit quality of India Inc continued to strengthen in the first half of the current financial year, carrying on with the momentum set in motion since the beginning of the financial year 2021-22, rating agency ICRA said on Monday.
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Pakistan: KP govt's financial health deteriorates, fails to pay salaries t
Updated : 3 years, 5 months ago IST
Peshawar [Pakistan], October 3 (ANI): Amid the ongoing economic slump across Pakistan, the government of Khyber Pakhtunkhwa province failed to provide salaries to its employees on the first day of October, blaming it on the non-payment of the province's dues by the ruling coalition.
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Experts fear rate hike may dampen consumption, express optimism over resil
Updated : 3 years, 5 months ago IST
New Delhi [India], September 30 (ANI): After the Reserve Bank of India (RBI) hiked repo rate on Friday, it brings into focus how the hike was in line with the tightening policies across the economies as expected by experts.
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India's current account deficit widens to 2.8 per cent of GDP in April-Jun
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 29 (ANI): India's current account deficit (CAD) widened to $23.9 billion or 2.8 per cent of the country's gross domestic product (GDP) in April-June period of the current financial year from $13.4 billion recorded in the previous quarter, as per data r
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Pakistan economy to slow to 3.5% in FY23: ADB report
Updated : 3 years, 6 months ago IST
New Delhi [India], September 22 (ANI): Pakistan's economy is forecast to slow to 3.5 per cent in the financial year 2022-23 due to reasons like devastating floods and policy tightening, the Asian Development Bank (ADB) has said in its latest report.
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Mainland China's economy is expanding while global economic outlook for 20
Updated : 3 years, 6 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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ADB cuts India's GDP growth forecast to 7% from earlier 7.2
Updated : 3 years, 6 months ago IST
New Delhi [India], September 21 (ANI) The Asian Development Bank (ADB) lowered India's GDP growth projection for the year 2022-23 to 7 per cent from the earlier 7.2 per cent based on higher-than-expected inflation and monetary tightening.
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Logistics cost will be cut to 8-9 per cent of GDP by 2030: DPIIT Secretary
Updated : 3 years, 6 months ago IST
New Delhi [India], September 19 (ANI): The government is aiming to trim India's elevated logistics costs by as much as five percentage points by 2030 from the current 13-14 per cent of gross domestic product (GDP) to 8-9 per cent of the GDP, according to Department for Promotion of Industry
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India becomes 5th largest economy in world: A perspective
Updated : 3 years, 6 months ago IST
New Delhi [India], September 17 (ANI): India has overtaken Britain to become the world's fifth largest economy and as per IMF projections, only USA, China, Japan, and Germany are now ahead of India in terms of the volume of the national economy.
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Guian New Area embraces digital economy to help build a strong provincial
Updated : 3 years, 6 months ago IST
Guian [China], September 16 (ANI/PRNewsire): A news report by Huanqiu.com: In recent years, Guian New Area in Southwest China's Guiyang has taken the lead in the development of the digital economy. As the main area of the province's digital economy, Guian New Area has made a series of new br
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PM Modi to launch National Logistic Policy on his birthday
Updated : 3 years, 6 months ago IST
New Delhi [India], September 15 (ANI): Prime Minister Narendra Modi is scheduled to launch the National Logistic Policy on his Birthday on September 17 at Vigyan Bhawan.
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Fitch slashes global growth forecast, sees "mild" recession in US in mid-2
Updated : 3 years, 6 months ago IST
New Delhi [India], September 15 (ANI): The European gas crisis, high inflation and the pace of global monetary policy tightening are taking a heavy toll on economic prospects, rating agency Fitch Ratings' September 2022 Global Economic Outlook (GEO) said. European wholesale gas and electrici
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