Search For "global growth"
IMF predicts Indian economy to contract by 4.5%, global growth projected a
Updated : 5 years, 8 months ago IST
Washington D.C. [USA], June 24 (ANI): The International Monetary Fund (IMF) on Wednesday said that global growth is projected at -4.9 per cent in 2020, while India's economy is expected to shrink by 4.5 per cent following a longer period of lockdown and slower recovery than anticipated in Ap
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General Atlantic picks 1.34 pc stake in Jio Platforms for Rs 6,598 crore
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 17 (ANI): Reliance Industries Ltd (RIL) and Jio Platforms on Sunday announced an investment of Rs 6,598.38 crore by leading global growth equity firm General Atlantic, valuing Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of
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Global growth will turn sharply negative in 2020: IMF
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 9 (ANI): While the trajectory of coronavirus pandemic remains uncertain, the International Monetary Fund (IMF) expects an economic crisis worse than the great recession of 2008.
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RBI reduces repo rate by 75 basis points to battle COVID-19 impact
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): The Reserve Bank of India (RBI) on Friday lowered the key repo rate by 75 basis points to 4.4 per cent in a bid to arrest the economic slowdown amid coronavirus (COVID-19) outbreak.
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IMF to revise global growth forecast after coronavirus strain
Updated : 6 years ago IST
Washington DC [USA], Feb 28 (ANI): The economic cost from the outbreak of coronavirus strain COVID-19 is still uncertain but will certainly have a negative impact on global growth, the International Monetary Fund has said.
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Sensex crashes by over 1,100 points as virus fears threaten global growth
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Feb 28 (ANI): Equity indices crumbled during early hours on Friday as global share prices headed for the worst week since the world financial crisis in 2008 and investors readied for the coronavirus to become a pandemic.
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Metal and auto stocks drag equity indices down amid coronavirus fears
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Feb 24 (ANI): Equities witnessed selling across the board during early hours on Monday as the number of coronavirus cases outside China increased and concern grew that global economic growth could take a hit.
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Moody's revises India GDP forecast to 5.4 pc in 2020
Updated : 6 years ago IST
New York [USA], Feb 17 (ANI): Moody's Investors Service on Monday revised its growth forecasts for India to 5.4 per cent for 2020 calendar year and 5.8 per cent for 2021, down from its previous projections of 6.6 per cent and 6.7 per cent.
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2019 worst year for global air freight demand since 2009: IATA
Updated : 6 years, 1 month ago IST
Geneva [Switzerland], Feb 5 (ANI): The International Air Transport Association (IATA) released full-year 2019 data for global air freight markets on Wednesday showing that demand measured in freight tonne kilometres (FTKs) fell by 3.3 per cent compared to 2018 while capacity (AFTK) rose by 2
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GDP growth to range between 6 to 6.5 pc in FY21: Economic Survey
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 31 (ANI): India's gross domestic product (GDP) is expected to rebound and grow at a rate of 6 to 6.5 per cent in the next financial year 2020-21, according to the Economic Survey laid in Parliament on Friday.
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Coronavirus to hurt spending in China with spillover to global companies:
Updated : 6 years, 1 month ago IST
New York [USA], Jan 30 (ANI): The immediate and most significant economic impact of coronavirus is in China but will reverberate worldwide, given the importance of China in global growth as well as in multinational company revenues, Moody's Investors Service said on Thursday.
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CEO pessimism over global growth reaches record high: PwC
Updated : 6 years, 1 month ago IST
Davos [Switzerland], Jan 21 (ANI: As we enter a new decade, chief executive officers are showing record levels of pessimism in the global economy with 53 per cent predicting a decline in the rate of economic growth in 2020.
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