Search For "growth forecast"
Asia-Pacific sovereigns navigate challenges with resilient growth in 2024:
Updated : 2 years, 2 months ago IST
This resilience is attributed to the deceleration of growth in the US and China. The anticipated recovery in the tech cycle is expected to play a pivotal role, particularly benefiting countries like Korea, Malaysia, Taiwan, and Singapore.
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IMF cuts China growth forecast amidst its real estate crisis
Updated : 2 years, 5 months ago IST
Many emerging market economies proved quite resilient and surprised on the upside, with China an exception, which was facing growing headwinds from its real estate crisis and weakening confidence, IMF noted in its latest World Economic Outlook report, released on Tuesday.
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IMF raises India's growth forecast second time citing strong consumption
Updated : 2 years, 5 months ago IST
According to the multilateral agency's latest World Economic Outlook report, released Tuesday, the growth is expected to grow by 6.3 per cent this fiscal year, 20 basis points (100 basis points is equal to 1 percentage point) higher than what it had estimated in its previous report.
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World Bank sees 5.8 pc growth in South Asia in 2023 fiscal
Updated : 2 years, 5 months ago IST
South Asia is expected to grow by 5.8 per cent in the financial year 2023, but slower than its pre-pandemic pace and not fast enough to meet its development goals, said the World Bank in its twice-a-year regional outlook released on Tuesday. The growth forecast for 2023 is 20 basis points hi
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World Bank maintains India's 2023-24 GDP growth at 6.3 pc
Updated : 2 years, 5 months ago IST
The World Bank has retained India’s GDP growth forecast for the financial year 2023-24 at 6.3 per cent, but noted that the country continued to show resilience against the backdrop of a challenging global environment.
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Fitch marginally raises global growth forecast for 2023
Updated : 2 years, 5 months ago IST
Fitch Ratings has upwardly revised the global growth forecast for 2023 by 10 basis points to 2.5 per cent, reflecting surprising resilience so far this year in the US, Japan, and emerging markets excluding China.
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Morgan Stanley raises India GDP forecast after Q1 data "surprises positive
Updated : 2 years, 6 months ago IST
Morgan Stanley has upwardly revised their economic growth forecast for India for fiscal year 2024 after April-June quarter data showed it grew at its quickest pace in a year.
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Global GDP projected to increase 2.5 pc in 2023: S&P Global Market Int
Updated : 2 years, 6 months ago IST
S&P Global Market Intelligence has revised the global real GDP growth forecast for 2023 to 2.5 per cent, primarily owing to upward revisions in the US forecast.
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ADB maintains 2023 growth forecast for Asia Pacific at 4.8 pc
Updated : 2 years, 7 months ago IST
The Asian Development Bank (ADB) in its latest forecast has maintained the growth outlook for developing economies in Asia and the Pacific at 4.8 per cent for 2023, and noted robust domestic demand continues to support the region’s recovery.
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Fitch raises 2023 global growth outlook, says economic activity firmly pla
Updated : 2 years, 8 months ago IST
Fitch Ratings has raised the global growth forecast for 2023 to 2.4 per cent from its March estimate of 2.0 and noted that economic activity the world over is holding up better than as was expected.
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Fitch raises India growth outlook for 2023-24 to 6.3 pc on firm macro indi
Updated : 2 years, 8 months ago IST
Fitch Ratings has raised India's growth forecast for 2023-24 to 6.3 per cent from its earlier estimate of 6.0 per cent in March -- making the country one of the fastest-growing major economies in the world.
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IMF lowers global growth forecast to 2.8 per cent, says recovery 'on track
Updated : 2 years, 11 months ago IST
The International Monetary Fund (IMF) on Tuesday lowered its growth forecast for the global economy to 2.8 per cent and also said that the recovery of the global economy from both the pandemic and Russia's invasion of Ukraine remains 'on track'.
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