Washington DC [USA], Oct 8 (ANI): India's economy, the largest in south Asia, is expected to contract by 9.6 per cent in the current fiscal year (2020-21) because of Covid-19 pandemic, the World Bank said on Thursday.
Mumbai (Maharashtra) [India], June 25 (ANI): Equity benchmark indices edged marginally lower on Thursday due to weak global cues after the International Monetary Fund forecast the global output to shrink by 4.9 per cent this year.
Mumbai (Maharashtra) [India], June 25 (ANI): Equity benchmark indices edged lower during early hours on Thursday due to weak global cues after the International Monetary Fund forecast the global output to shrink by 4.9 per cent this year.
Washington D.C. [USA], June 24 (ANI): The International Monetary Fund (IMF) on Wednesday said that global growth is projected at -4.9 per cent in 2020, while India's economy is expected to shrink by 4.5 per cent following a longer period of lockdown and slower recovery than anticipated in Ap