Singapore, Aug 23 (ANI): Moody's Investors Service on Friday cut India's GDP growth forecast for the calendar year 2019 to 6.2 per cent from its previous estimate of 6.8 per cent.
Mumbai (Maharashtra) [India], Aug 7 (ANI): Equity indices fell to low levels during the last hour of trading on Wednesday after the Reserve Bank of India (RBI) cut the repo rate by 35 bps at 5.4 per cent.
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Wednesday cut repo rate for the fourth consecutive time this calendar year to 5.4 per cent from the current 5.75 per cent amid low inflation, faltering economic growth and uncertain global scenario.
Washington DC [India], July 23 (ANI): The International Monetary Fund (IMF) has cut its projection for India's economic growth by 0.3 percentage points to 7 per cent for the fiscal year 2019-20 owing to the "weaker-than-expected outlook" for the domestic demand.
Manila [Philippines], July 18 (ANI): Asian Development Bank on Thursday cut India's gross domestic product (GDP) growth forecast to 7 per cent for the current financial year on the back of fiscal shortfall concerns.
Washington D.C. [USA], Jun 5 (ANI): In light of numerous factors pertaining to escalated trade tensions around the globe in recent months, the World Bank on Tuesday slashed its global growth forecast for 2019 to 2.6 per cent as opposed to 2.9 per cent announced in January this year.
Washington DC [USA], Apr 10 (ANI): The International Monetary Fund (IMF) on Tuesday (local time) lowered its global growth forecast for 2019 to 3.3 per cent from the previous level of 3.5 per cent in its latest World Economic Outlook (WEO).
New Delhi [India], Mar 22 (ANI): Global rating agency Fitch has cut its India's economic growth forecast to 6.8 per cent for 2019-20 from the earlier estimate of 7 per cent due to weak momentum in manufacturing and agriculture.
London [UK], Oct 11 (ANI/Sputnik): The Organization of the Petroleum Exporting Countries (OPEC) downgraded its global oil demand estimate due to changes in economy forecasts for Turkey, Brazil, Argentina, a report by the OPEC showed Thursday. The OPEC, however, has forecasted non-OPEC oil su
New Delhi [India], Oct 9 (ANI): After the International Monetary Fund (IMF) a growth rate of 7.3 per cent for India in the current year of 2018, Satyanarayan Bansal, chief executive officer (CEO) of Barclays, said that growth forecast might have been lower due to overall economic disruption.
New Delhi [India], June 6 (ANI): The Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday announced that the Monetary Policy Committee (MPC) has retained its FY19 GDP growth forecast at 7.4 percent.
New Delhi [India], Apr 18 (ANI): Owing to the impact of the demonetisation drive which was rolled out by the Prime Minister Narendra Modi led-government on November 9 2016, the International Monetary Fund (IMF) on Tuesday trimmed India's annual growth forecast by 0.4 percentage points t