Vienna [Austria], November 11 (ANI/Sputnik): OPEC on Thursday revised the world oil demand growth forecast and lowered it by some 0.16 million barrels per compared to October's assessment and it now stands at 5.7 million barrels per day.
Mumbai (Maharashtra) [India], August 19 (ANI): India Ratings and Research (Ind-Ra) on Thursday revised its GDP growth forecast for FY22 to 9.4 per cent year-on-year and said the economic recovery will depend on progress of vaccination drive.
Mumbai (Maharashtra) [India], June 26 (ANI): India Ratings and Research (Ind-Ra) has said its earlier estimate of gross domestic product (GDP) growth at 10.1 per cent for the current financial year (FY22) is unlikely to hold due to the speed and scale of Covid 2.0.
Singapore, June 24 (ANI): S&P Global Ratings on Thursday revised its GDP growth forecast for India to 9.5 per cent for the fiscal year ending March 31, 2022 due to a severe Covid-19 pandemic wave.
Singapore, June 5 (ANI): Fitch Solutions has maintained FY21 (mid-July 2020 to mid-July 2021) real GDP growth forecast for Nepal at 2 per cent and forecast growth of 3.5 per cent in FY22.
Paris [France], May 31 (ANI): The Organisation for Economic Cooperation and Development (OECD) on Monday cut its growth projection for India to 9.9 per cent this year from 12.6 per cent estimated earlier in March.
Singapore, May 13 (ANI): Fitch Solutions has revised its real GDP growth forecasts for Bhutan to minus 2.4 per cent in the calendar year 2020 and 2.9 per cent in 2021 from minus 3.5 per cent and 4.7 per cent previously.
Washington DC [US], May 12 (ANI): The United Nations has raised India's growth forecast to 7.5 per cent for calendar year 2021, marking a 0.2 per cent increase from its projection in January, but said the country's outlook for the year remains highly fragile.
Mumbai (Maharashtra) [India], Apr 23 (ANI): India Ratings and Research (Ind-Ra) on Friday revised down FY22 real GDP growth forecast to 10.1 per cent from earlier projection of 10.4 per cent, mainly due to the second wave of Covid-19 infections and slower pace of vaccination.
Mumbai (Maharashtra) [India], April 13 (ANI): Moody's Investors Service said on Tuesday the second wave of infections in India presents a risk to growth forecast as reimposition of virus management measures will curb economic activity which can dampen market and consumer sentiment.
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept key interest rates on hold and maintained an accommodative policy stance to nurture a fragile economic recovery amid a sharp new wave of Covid-19 cases.
Washington DC [US], April 6 (ANI): The International Monetary Fund (IMF) is expecting a stronger economic recovery in 2021 as Covid-19 vaccine rollouts get underway and warned of "daunting challenges" given the different rates of administering shots across the globe.