Search For "global economic activity"
RBI projects real GDP growth for 2024-25 at 7.0 per cent
Updated : 1 year, 11 months ago IST
Despite subdued global economic activity and multiple headwinds, the Indian economy expanded impressively, with real GDP growth accelerating to 7.6 per cent from 7.0 per cent in the previous year - the third successive year of 7 per cent or above growth, the RBI highlighted in its annual rep
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Inflation, policy tightening to weigh on global economic activity till 202
Updated : 3 years ago IST
Elevated inflation and tightening of monetary policy have weakened the growth process and are expected to weigh on economic activity for at least three years since the conflict broke out between Russia and Ukraine in February 2022 (the financial year 2022-25), according to Ministry of Financ
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World Petroleum Congress starts in US Houston amid Omicron concern
Updated : 4 years, 5 months ago IST
Houston [US], December 6 (ANI/Xinhua): The World Petroleum Congress, the largest triennial gathering for the industry, kicked off Sunday in Houston, the largest city of south-central U.S. state Texas, amid the shadow of the fast-spreading Omicron variant of COVID-19 and the uncertainty of gl
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Asia Pacific cargo markets on recovery path, passenger demand depressed
Updated : 5 years, 4 months ago IST
Kuala Lumpur [Malaysia], January 6 (ANI): There is lack of progress in revival of international travel with demand still held back by ongoing border restrictions amid a resurgence in Covid-19 infections in various countries, the Association of Asia Pacific Airlines (AAPA) said on Wednesday.
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Credit quality weakens for A-Pac metals and mining on economic slowdown
Updated : 5 years, 8 months ago IST
Singapore, September 3 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 24 rated mining and mining services companies in the Asia Pacific will decline around 10 per cent to 53 billion dollars in 2020 from 59 billion dollars in 2019, Moody's Inv
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AAPA calls for standardised health measures to facilitate air travel
Updated : 6 years ago IST
Kuala Lumpur [Malaysia], May 11 (ANI): Healthcare measures to be adopted for future air travel should be practical and based on accepted medical standards as part of a robust risk management framework, the Association of Asia Pacific Airlines (AAPA) said on Monday.
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Rising probability that large parts of world will slip into recession due
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the
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Global economy continues to slide as coronavirus outbreak worsens: Moody's
Updated : 6 years, 2 months ago IST
New York [USA], Mar 23 (ANI): The rapid spread of the coronavirus in the last two weeks, widespread business closures and unprecedented restrictions on social interactions will result in a permanent hit to global economic activity this year, according to Moody's Investors Service.
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Air passenger markets resilient but air cargo demand remains weak: AAPA
Updated : 6 years, 5 months ago IST
Kuala Lumpur [Malaysia], Nov 27 (ANI): International air passenger demand continued to grow at a moderate pace in October, demonstrating resilience in the face of the ongoing easing in global economic activity, preliminary traffic figures released on Wednesday by the Association of Asia Paci
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