New York [US], April 19 (ANI/Sputnik): Crude oil prices fell 5 per cent on Tuesday amid a selloff in global commodity markets after the International Monetary Fund slashed its world growth forecasts for 2022 and 2023, citing runaway fuel and food costs and other challenges from the Russia-Uk
Washington [US], April 19 (ANI): The International Monetary Fund on Tuesday slashed India's growth forecast for the current financial year 2022-23 (FY23) to 8.2 per cent from its earlier estimate of 9 per cent in January.
Washington [US], April 18 (ANI/Sputnik): The World Bank Group has lowered its projection for the rate of global economic growth in 2022 from 4.1 per cent to 3.2 per cent, President David Malpass said on Monday.
Islamabad [Pakistan], April 14 (ANI): Citing the additional burden on the budget put by the last-ditch energy subsidies by the outgoing Imran Khan government, the World Bank on Wednesday reduced Pakistan's economic growth rate forecast for the current fiscal year by almost one per cent, r
New Delhi [India], April 12 (ANI): The World Trade Organisation (WTO) on Tuesday lowered the 2022 global trade growth forecast to three per cent from its earlier projection of 4.7 per cent due to the Russia-Ukraine conflict.
Mumbai (Maharashtra) [India], April 8 (ANI): In the first monetary policy review of the financial year 2022-23, the Reserve Bank of India (RBI) on Friday kept key policy interest rates unchanged for the 11th time in a row and sharply raised inflation projection and lowered growth forecast du
New Delhi [India], March 30 (ANI): India Ratings and Research (Ind-Ra) on Wednesday cut India's GDP growth forecast for the 2022-23 financial year to 7 - 7.2 per cent from its earlier estimate of 7.6 per cent announced in January.
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.
New Delhi [India], March 17 (ANI): Global rating agency Moody's on Thursday lowered India's economic growth estimate for the calendar year 2022 to 9.1 per cent for its earlier projection of 9.5 per cent citing the adverse impact of the ongoing Russia-Ukraine conflict on the global economy.
Washington [US], January 25 (ANI): Amid faltering growth in the world's largest economies of the US and China due to the COVID-19 pandemic, the International Monetary Fund (IMF) on Tuesday cut down the global economic growth forecast to 4.4 per cent.
Washington [US], December 4 (ANI/Sputnik): The coronavirus Omicron variant is likely to reinforce a downgrade of the International Monetary Fund's (IMF) outlook on the global economy, IMF Managing Director Kristalina Georgieva said on Friday.
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.