New York [US], June 14 (ANI): India's and Brazil's first-quarter 2021 real GDP data show a strong rebound in both economies following a contraction last year of 4.4 per cent in Brazil and 7.1 per cent in India, Moody's Investors Service said on Monday.
Islamabad [Pakistan], June 12 (ANI): Pakistan government on Friday proposed Pakistani rupees 8,487 billion budget for the next financial year with a fiscal deficit target at 6.3 per cent of gross domestic product (GDP).
New Delhi [India], June 10 (ANI): Rating agency ICRA on Thursday projected the year-on-year (YoY) growth of GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 8.5 per cent and 7.3 per cent respectively in FY2022.
Islamabad [Pakistan], June 9 (ANI): Having high unemployment, poverty and inflation, the Pakistan economy is under stress and the government plans to take nearly $16 billion gross foreign loans in the next fiscal year to meet the requirements of maturing external public debt and cover up the
Washington [US], June 8 (ANI): Economic growth in South Asian countries is expected to rebound to a stronger-than-expected 6.8 per cent in 2021 and India's GDP is predicted to grow at 8.3 per cent, according to the latest World Bank report on global economy recovery post Covid-19 pandemic.
Islamabad [Pakistan], June 7 (ANI): The number of unemployed people in Pakistan has increased during the COVID-induced lockdowns, indicating that millions are still out of work despite a projected 3.9 per cent GDP growth.
Singapore, June 5 (ANI): Fitch Solutions has maintained FY21 (mid-July 2020 to mid-July 2021) real GDP growth forecast for Nepal at 2 per cent and forecast growth of 3.5 per cent in FY22.
New Delhi [India], June 5 (ANI): After the second wave of Covid-19 pandemic had hit the country hard, which led the Reserve Bank of India (RBI) reduce its Gross Domestic Product (GDP) growth projection by 1 per cent in the current financial year, Rajiv Kumar, Vice-Chairman, NITI Aayog on Sat
Mumbai (Maharashtra) [India], June 4 (ANI): Equity benchmark indices closed lower on Friday as the Reserve Bank of India (RBI) maintained status quo on key interest rates but cut FY22 GDP forecast to 9.5 per cent due to Covid-19 pandemic's impact on lives and businesses.
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday cut its forecast of real GDP growth at 9.5 per cent in the current financial year (2021-2022).
New Delhi [India], June 3 (ANI): Chief Economic Advisor KV Subramanian on Thursday said that the second wave of COVID-19 has affected the momentum of economic recovery. However, he also pointed that he expects a recovery in the economy from July onwards.
New Delhi, [India], June 2 (ANI): Congress leader P Chidambaram on Tuesday said that most Indians are poorer than they were two years ago with most economic indicators being worse for the period and said the government must admit its "errors of commission and omission, reverse its policies a