The Chairman of the country's largest bank said, "A visible improvement in consumer and business confidence as per RBI surveys augurs well for the future growth outlook. Imparting operational flexibility to banks in managing their investment in HTM (Held to Maturity) limit will have an order
In a report titled 'G20 report on Strong, Sustainable, Balanced, and Inclusive Growth', IMF said continued fiscal and monetary tightening is likely needed in many countries to bring down inflation and address debt vulnerabilities and it expects further policy tightening in many G20 economies
New Delhi [India], September 2 (ANI): Indian stock indices started Friday's trade with marginal gains after falling sharply the previous session. A broad-based sell-off in shares coupled with a weak economic growth outlook weighed on the investors' sentiment.
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.
Washington DC [US], July 20 (ANI): The International Monetary Fund (IMF) has warned that Russia's invasion of Ukraine has further darkened the global growth outlook, with the European economy facing a serious setback given its trade, investment, and financial links with the warring countries
New Delhi [India] July 11 (ANI): A recent poll conducted by the industry body Confederation of Indian Industry (CII) revealed that despite the sharp increase in inflation and heightened inflation, expectations and concerns around monetary policy tightening, the overall growth outlook for
New Delhi [India], June 10 (ANI): Fitch Ratings on Friday revised its outlook on India's long-term foreign currency Issuer Default Rating (IDR) to "Stable" from "Negative" citing diminished downside risks to medium-term growth.
Mumbai (Maharashtra) [India], April 8 (ANI): In the first monetary policy review of the financial year 2022-23, the Reserve Bank of India (RBI) on Friday kept key policy interest rates unchanged for the 11th time in a row and sharply raised inflation projection and lowered growth forecast du
Paris [France], September 22 (ANI): The global economy is growing far more strongly than anticipated a year ago but the recovery remains uneven, exposing both advanced and emerging markets to a range of risks, according to the OECD's latest Interim Economic Outlook.
Manila [The Philippines], September 22 (ANI): The Asian Development Bank (ADB) on Wednesday downgraded its 2021 economic growth outlook for India -- the subregion's largest economy -- to 10 per cent from 11 per cent in 2021.
Hong Kong, Aug 20 (ANI): Covid-19 remains an overhang on the near-term growth outlook of Asia and lockdown measures are constraining consumption growth, Morgan Stanley said on Friday.
Singapore, Aug 19 (ANI): Emerging southeast Asian economies are facing intense headwinds from persistent Covid-19 pandemic waves, S&P Global Ratings said on Thursday, adding that private consumption and services will be hit hardest.