Beijing [China], August 22 (ANI): Two of the world's biggest investment banks Goldman Sachs and Nomura have cut China's economic growth forecast, media reports said.
New Delhi [India], July 21 (ANI): Industry body FICCI has downgraded India's annual Gross Domestic Product (GDP) growth forecast for the financial year 2022-23 at 7.0 per cent --- with a minimum and maximum growth estimate of 6.5 per cent and 7.3 per cent, respectively.
Suva [Fiji], June 28 (ANI/Xinhua): Fiji upgraded its economic growth forecast for 2022 on Tuesday, as the island country's economy is on the path to recovery after being severely affected by the COVID-19 pandemic in the past two years.
New Delhi [India], June 10 (ANI): Fitch Ratings on Friday lowered India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 7.8 per cent from its earlier projection of 8.5 per cent announced in March, citing inflationary impacts of the global commodity price shoc
Buenos Aires [Argentina], June 9 (ANI/Xinhua): The Organization for Economic Cooperation and Development (OECD) on Wednesday upgraded its economic growth forecast for Argentina in 2022 to 3.6 per cent, or 1.1 percentage points higher than its previous December forecast.
Mumbai (Maharashtra) [India], June 8 (ANI): The Indian stock markets' key indices, Sensex and Nifty, turned positive after the Reserve Bank of India (RBI) retained the GDP growth forecast for the current fiscal at 7.2 per cent and hiked policy repo rate by 50 basis points to tame inflation.
Washington [US], June 7 (ANI/Xinhua): The global economy is on track to grow by 2.9 percent in 2022, down 1.2 percentage points from the January projection, the World Bank Group said in its latest Global Economic Prospects released on Tuesday, warning of stagflation risk.
New Delhi [India], June 2 (ANI): State Bank of India (SBI) in a research report released on Thursday revised India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 7.5 per cent, which is 0.20 per cent higher from its earlier projection.
New Delhi [India], May 26 (ANI): Rating agency Moody's on Thursday lowered India's economic growth forecast for 2022 by 30 basis points to 8.8 per cent from its earlier projection of 9.1 per cent announced in March.
Moscow [Russia], May 16 (ANI/Sputnik): The European Commission has lowered the Eurozone's GDP projection for 2022 to 2.7 per cent from 4 per cent, according to the EU body's fresh report released on Monday.
New Delhi [India], May 11 (ANI): Global brokerage firm Morgan Stanley has lowered India's gross domestic product (GDP) growth forecast for the current financial year to 7.6 per cent citing high inflation and global slowdown.
New York [US], April 20 (ANI/Sputnik): Crude oil prices fell 5 per cent 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-Ukrai