Search For "global economic outlook"
Global economic jitters: Fitch Ratings predicts 2024 impact from soaring o
Updated : 2 years, 8 months ago IST
According to Fitch's Global Economic Outlook (GEO), a scenario with average oil prices of USD 75 per barrel in 2024 and USD 70 per barrel in 2025 could be upended if oil prices spike to USD 120 per barrel in 2024 and USD 100 per barrel in 2025 due to supply restrictions.
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India's growth outlook soars: Fitch raises medium-term potential to 6.2 pe
Updated : 2 years, 8 months ago IST
This positive development reflects the country's growing economic resilience and potential for expansion.
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Chhattisgarh: G20 FWG discusses Global economy, supply chain disruptions i
Updated : 2 years, 9 months ago IST
More than 65 delegates from G20 member and invitee countries and various international and regional organisations are taking part in the fourth and final meeting of the G20 FWG under India's G20 Presidency being held here in Nava Raipur
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Global economic outlook improving, albeit to a low growth recovery: OECD's
Updated : 3 years ago IST
The global economy has begun to improve, but the recovery will be weak, according to the OECD's latest Economic Outlook. The Economic Outlook projects a moderation of global GDP growth from 3.3 per cent in 2022 to 2.7 per cent in 2023, followed by a pick-up to 2.9 per cent in 2024.
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FM Sitharaman attends Development Committee Meeting of WB-IMF's Spring Mee
Updated : 3 years, 3 months ago IST
Nirmala Sitharaman stated that "despite this year's projected growth rate of over 6 per cent for the Indian economy, we remain concerned about the global economic outlook and geopolitical environment", according to a tweet posted by the ministry of finance on Thursday.
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Avoid unidimensional view of Indian subsidies: FM Sitharaman to World Bank
Updated : 3 years, 9 months ago IST
Washington [US], October 15 (ANI): Union Finance Minister Nirmala Sitharaman has said that despite this year's projected growth rate of 7 per cent for the Indian economy, India remains concerned about the global economic outlook and geopolitical environment.
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RBI hikes repo rate by 50 bps to fight high inflation, tightening policies
Updated : 3 years, 9 months ago IST
Mumbai [India], September 30 (ANI): Reserve Bank of India's Governor Shaktikanta Das today announced the hike of the repo rate, the key lending rate, by 50 bps to 5.9 per cent. Explaining the rationale behind the policy, the governor said the bleak global economic outlook, persisting inflati
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Mainland China's economy is expanding while global economic outlook for 20
Updated : 3 years, 9 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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Fitch slashes global growth forecast, sees "mild" recession in US in mid-2
Updated : 3 years, 10 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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Emergence of new COVID variants a risk to global economic outlook: Moody's
Updated : 3 years, 12 months ago IST
New Delhi [India], July 16 (ANI): Though the overall virus-related concerns have eased with COVID infections becoming less deadly, a spike in new infections across G-20 economies is, however, a reminder that the emergence of newer and more dangerous variants remains a risk to the global econ
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Fitch lowers India's GDP growth forecast to 8.5 per cent for 2022-23
Updated : 4 years, 3 months ago IST
New Delhi [India], March 22 (ANI): Rating agency Fitch on Tuesday lowered India's GDP growth forecast to 8.5 per cent for the financial year 2022-23 citing the risks to the economy due to higher energy prices.
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OECD cuts global economic outlook for 2021 amid coronavirus variant concer
Updated : 4 years, 7 months ago IST
Paris [France], December 1 (ANI/Sputnik): The Organization for Economic Cooperation and Development revised its global growth forecast for 2021 down to 5.6 per cent over concerns about the impact of coronavirus mutations on the recovery.
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