Mumbai (Maharashtra) [India], May 11 (ANI): India's gross domestic product (GDP) growth can drop to 8.2 per cent in the current financial year (2021-22) if the second wave of coronavirus pandemic peaks by June-end, according to rating agency Crisil.
Singapore, May 7 (ANI): Fitch Solutions on Friday revised its forecast for India's deficit to 8.3 per cent of GDP in FY22 (April 2021 to March 2022) from 8 per cent previously.
Hong Kong, May 5 (ANI): India's second Covid wave may derail a strong recovery in the economy and credit conditions, S&P Global Ratings said on Wednesday.
Islamabad [Pak] April 29 (ANI): Pakistan's Gross Domestic Product (GDP) would grow by two per cent during the current year subject to successful vaccine rollout and implementation of stabilisation measures, the Asian Development Bank's (ADB) has said in its latest forecast.
Beijing [China], April 28 (ANI): The COVID-19 pandemic has highlighted economic divisions among 31 provincial-level jurisdictions in China, where the southern provinces have shown a strong first-quarter rebound while northern regions struggled to recover.
Hong Kong, April 28 (ANI): India's escalating second wave of COVID-19 infections poses downside risks to GDP and heightens the possibility of business disruptions, S&P Global Ratings said on Wednesday.
New Delhi [India], April 28 (ANI): The Asian Development Bank (ADB) on Wednesday projected India's gross domestic product (GDP) will rebound strongly by 11 per cent in fiscal year (FY) 2021 ending on March 31, 2022 due to continued economic recovery boosted by increased public investment, va
Mumbai (Maharashtra) [India], Apr 23 (ANI): India Ratings and Research (Ind-Ra) on Friday revised down FY22 real GDP growth forecast to 10.1 per cent from earlier projection of 10.4 per cent, mainly due to the second wave of Covid-19 infections and slower pace of vaccination.
Mumbai (Maharashtra) [India], April 23 (ANI): The cost of vaccinating the entire population above 18 years of age will be only 0.36 per cent of the gross domestic product (GDP), according to India Ratings and Research (Ind-Ra).
Hong Kong, April 23 (ANI): Fitch Ratings has affirmed India's long-term foreign-currency issuer default rating (IDR) at BBB-minus and said the surging second wave of Covid-19 might delay GDP recovery but will not derail the economy.
New Delhi [India], Apr 21 (ANI): Air pollution costs Indian business about 95 billion dollars (about Rs 7 lakh crore) every fiscal year, around 3 per cent of India's total GDP, a major research report shows.
Mumbai (Maharashtra) [India], Apr 17 (ANI): ICICI Lombard General Insurance on Saturday posted 23 per cent year-on-year jump in its March quarter (Q4 FY21) net profit at Rs 346 crore as compared to Rs 282 crore in Q4 FY20.