Washington [US], September 22 (ANI/Sputnik): The US federal debt is growing so fast under the Dpnald Trump administration that it is now projected to be as large as the country's annual Gross Domestic Product (GDP) by the end of this year, the Congressional Budget Office (CBO) announced in a
Mumbai (Maharashtra) [India], Sep 8 (ANI): Fitch Ratings has sharply lowered its forecast for India's gross domestic product (GDP) growth for the current fiscal year (FY21) and expects it to contract by 10.5 per cent as compared to its earlier estimate of 5 per cent contraction.
Mumbai (Maharashtra) [India], September 1 (ANI): While the real gross domestic product (GDP) contracted by 23.9 per cent and gross value added (GVA) by 22.8 per cent in the first quarter of current financial year, the real GDP turnaround from contraction to growth in late calendar year 20
New Delhi [India], Aug 12 (ANI): Congress leader Rahul Gandhi on Wednesday took a jibe at Prime Minister Narendra Modi citing BJP's election slogan "Modi hai to mumkin hai" while attacking the government over reported claims that India's Gross Domestic Product (GDP) growth may be lowest sinc
New Delhi [India], July 30 (ANI): The Centre and the States will work together to increase the public investment in the education sector to reach 6 per cent of Gross Domestic Product (GDP) at the earliest, says National Education Policy 2020 which was approved by the union cabinet on Wednesd
Mumbai (Maharashtra) [India], July 20 (ANI): India's debt to gross domestic product (GDP) ratio could climb to 87.6 per cent this fiscal, up from 72.2 per cent last year, due to a collapsing GDP and consequently higher borrowings, according to a research note by SBI Ecowrap released on Monda
Singapore, July 14 (ANI): Singapore's economy shrank by 12.6 per cent year-on-year in the second quarter as circuit breaker measures to stem the coronavirus pandemic took their toll, the Straits Times reported on Tuesday quoting advance estimates from the Ministry of Trade and Industry (MTI)
Geneva [Switzerland], July 3 (ANI): The world's tourism sector could lose at least 1.2 trillion dollars or 1.5 per cent of the global gross domestic product (GDP) having been placed at a standstill for nearly four months due to the coronavirus pandemic, according to a new report by UNCTAD.
Mumbai (Maharashtra) [India], June 24 (ANI): India's gross domestic product (GDP) will contract by 5.3 per cent year-on-year in the current financial year (FY21), marking the lowest growth rate in the country's history and sixth instance of economic contraction, India Ratings and Research (I
New Delhi [India], May 29 (ANI): India's gross domestic product (GDP) growth rate for Q4 has turned out to be worst at 3.1 per cent, said former Finance Minister P Chidambaram on Friday.
Mumbai (Maharashtra) [India], May 26 (ANI): India Ratings and Research (Ind-Ra) expects the aggregate fiscal deficit of states to now rise to 4.5 per cent of gross domestic product (GDP) in FY21 as against the agency's earlier forecast of 3 per cent.
London [UK], May 22 (ANI): India's Gross Domestic Product (GDP) could soar by 20 per cent in the third quarter of 2020, according to predictions by Goldman Sachs which have been stated by The Economist in a detailed story on Economic Lockdowns and their implications.