Search For "growth forecast"
World Bank reduces Pakistan's growth forecast to 0.4 per cent
Updated : 2 years, 11 months ago IST
Increasing interest rates and uncertainty in financial markets have further enhanced pressure on Pakistan's economy, with future economic prospects heavily reliant on structural reform.
Read More
7 pc real GDP growth estimate for 2022-23 is realistic: Chief Economic Adv
Updated : 3 years ago IST
In a virtual briefing on the GDP numbers, CEA said, "We maintain as we have mentioned in the economic survey, the growth forecasts are 6.5 per cent for 2023-24. If you look at where we are, in terms of the advanced estimates, manufacturing on the face of it appears to have slowed down in rea
Read More
World Bank cuts 2022 China growth forecast to 2.7 pc from 4.3 pc predicted
Updated : 3 years, 2 months ago IST
In a report -- Navigating Uncertainty, China's Economy in 2023 -- by World Bank, the lender said that confronted with the most widespread outbreaks since the beginning of the pandemic, the continued evolution of China's public health policies will be crucial, both to mitigate public health r
Read More
ADB lowers growth forecast for developing Asia
Updated : 3 years, 2 months ago IST
Headwinds that are continuing to hamper recovery in developing Asia include recurrent lockdowns in China, the Russian invasion of Ukraine, and slowing global growth, ADB said in its Asian Development Outlook.
Read More
ADB trims economic growth forecast for developing Asia
Updated : 3 years, 3 months ago IST
The developing Asia's economy will grow 4.2 per cent this year and 4.6 per cent next year, according to Asian Development Outlook (ADO) 2022, released on Wednesday. ADB estimated in September that the economy would grow 4.3 per cent in 2022 and 4.9 per cent in 2023. Growth in China, which is
Read More
World Bank makes upward revision of India's GDP growth forecast due to rob
Updated : 3 years, 3 months ago IST
According to the World Bank, India's real GDP growth is expected to be at 6.9 per cent in FY22-23 compared to 8.7 per cent in FY21-22.
Read More
S&P cuts India's growth forecast by 30 bps to 7 pc for 2022-23
Updated : 3 years, 3 months ago IST
S&P Global Ratings on Monday cut India's economic growth forecast for the current fiscal year ending March to 7 per cent as against 7.3 per cent projected earlier.
Read More
With 6.8 per cent GDP growth in 2022 India to remain fastest growing econo
Updated : 3 years, 5 months ago IST
New Delhi [India], October 11 (ANI): The International Monetary Fund (IMF) has lowered India's GDP growth forecast for the current year by 60 basis points to 6.8 per cent. However, despite the slowdown, India would maintain its position as the fastest-growing major economy in the world. Read More
ADB cuts India's GDP growth forecast to 7% from earlier 7.2
Updated : 3 years, 5 months ago IST
New Delhi [India], September 21 (ANI) The Asian Development Bank (ADB) lowered India's GDP growth projection for the year 2022-23 to 7 per cent from the earlier 7.2 per cent based on higher-than-expected inflation and monetary tightening.
Read More
Fitch slashes global growth forecast, sees "mild" recession in US in mid-2
Updated : 3 years, 6 months ago IST
New Delhi [India], September 15 (ANI): The European gas crisis, high inflation and the pace of global monetary policy tightening are taking a heavy toll on economic prospects, rating agency Fitch Ratings' September 2022 Global Economic Outlook (GEO) said. European wholesale gas and electrici
Read More
China struggles against political, economic stability ahead of 20th Party
Updated : 3 years, 6 months ago IST
Beijing [China], September 3 (ANI): China's economy, both at the central and provincial levels, is under considerable stress as two of the world's biggest investment banks have slashed China's economic growth forecast, ahead of the 20th Party Congress of the Communist Party of China (CPC).
Read More
Moody's again cuts India's GDP growth forecast for 2022
Updated : 3 years, 6 months ago IST
New Delhi [India], September 1 (ANI): Rating agency Moody's Investors Service has once again lowered India's economic growth forecast for 2022 to 7.7 per cent.
Read More