As the Indian government prepares to release its GDP data for the first quarter (April-June) of FY 2024-25 on Friday, the expectations are mixed amid various economic factors.
The growth in emerging markets and developing economies is still expected to pick-up with year-on-year growth expected to accelerate from 3.1 percent in 2022 to 4.1 percent this year and the next.
For other EMEs, the World Bank in the report said impacts from the US, euro area, and China are at least 1.5 times larger than for India. It added India's relative resilience comes from its solid economic fundamentals, significant foreign exchange reserves, available policy space and prudent
Geneva [Switzerland], Feb 5 (ANI): The International Air Transport Association (IATA) released full-year 2019 data for global air freight markets on Wednesday showing that demand measured in freight tonne kilometres (FTKs) fell by 3.3 per cent compared to 2018 while capacity (AFTK) rose by 2
Hong Kong, Feb 5 (ANI): The Union Budget for fiscal year ending March 2021 (FY21) implies a modest degree of slippage from previous targets to consolidate public finances, Fitch Ratings said on Wednesday.
Singapore, Nov 12 (ANI): Moody's Investors Service said on Tuesday it has assigned a Ba3 rating to the proposed senior unsecured notes to be issued by Tata Motors Ltd (TML).
New Delhi [India], Oct 10 (ANI): India Ratings and Research (Ind-Ra) on Thursday revised its forecast of India's gross domestic product (GDP) growth in current financial year downward to 6.1 per cent following the Central Statistical Organisation (CSO) estimating Q1 growth to be 5 per cent,