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 York [US], April 23 (ANI/Sputnik): Oil prices settled down on Friday, falling 5% over the week, as potentially lower Chinese energy consumption from the lockdown of its Shanghai financial hub overshadowed supply tightness from Russian sanctions that kept the market up for weeks.
Washington [US], April 19 (ANI): The International Monetary Fund on Tuesday slashed India's growth forecast for the current financial year 2022-23 (FY23) to 8.2 per cent from its earlier estimate of 9 per cent in January.
Mumbai (Maharashtra) [India], April 8 (ANI): While maintaining an accommodative stance, the Reserve Bank of India (RBI) on Friday cut the real Gross Domestic Product (GDP) growth projection for the current Financial Year 2022-23 to 7.2 per cent, against the earlier projection of 7.8 per c
New Delhi [India], April 6 (ANI): The Asian Development Bank (ADB) on Wednesday said the Indian economy is projected to grow by 7.5 per cent in the current financial year and the growth would accelerate to 8 per cent in 2023-24.
New Delhi [India], March 17 (ANI): Global rating agency Moody's on Thursday lowered India's economic growth estimate for the calendar year 2022 to 9.1 per cent for its earlier projection of 9.5 per cent citing the adverse impact of the ongoing Russia-Ukraine conflict on the global economy.
Washington [US], October 13 (ANI): The International Monetary Fund (IMF) on Tuesday noted that although the global economic recovery is continuing, the fault lines opened up by the Covid-19 pandemic are looking "more persistent."
Washington [US], July 27 (ANI): The International Monetary Fund (IMF) on Tuesday has scaled down India's growth to 9.5 per cent for the current financial year from 12.5 per cent estimated earlier in April.
New Delhi [India], June 5 (ANI): After the second wave of Covid-19 pandemic had hit the country hard, which led the Reserve Bank of India (RBI) reduce its Gross Domestic Product (GDP) growth projection by 1 per cent in the current financial year, Rajiv Kumar, Vice-Chairman, NITI Aayog on Sat
Paris [France], May 31 (ANI): The Organisation for Economic Cooperation and Development (OECD) on Monday cut its growth projection for India to 9.9 per cent this year from 12.6 per cent estimated earlier in March.
Mumbai (Maharashtra) [India], Apr 7 (ANI): Equity benchmark indices gained nearly one per cent on Wednesday as the Reserve Bank of India kept repo rate unchanged at 4 per cent and maintained 10.5 per cent growth projection for FY22.
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept key interest rates on hold and maintained an accommodative policy stance to nurture a fragile economic recovery amid a sharp new wave of Covid-19 cases.