Search For "outlook"
"Very strong economy...," IMF division chief Daniel Leigh on India's growt
Updated : 2 years, 11 months ago IST
"We realize that 2020-2021 has been actually a lot better than we thought and so actually there's less room for catching up. And that pent-up demand from consumers that were informing our previous forecast is therefore going to be less because they've already had more catching up before.
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IMF projects India to be fastest growing economy in the world
Updated : 2 years, 11 months ago IST
The International Monetary Fund (IMF) in its flagship World Economic Outlook projected that India will be the fastest growing economy in the world amid financial sector turmoil, high inflation, ongoing effects of the Russia-Ukraine war, and three years of COVID.
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IMF chief says India, China to account for half of global growth in 2023
Updated : 2 years, 11 months ago IST
The International Monetary Fund (IMF) has said the global economy is estimated to grow less than 3 per cent in 2023, with India and China expected to account for half of global growth during the year.
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Trade growth to slow to 1.7 pc in 2023 following 2.7 pc expansion in 2022:
Updated : 2 years, 11 months ago IST
The WTO's trade projections, set out in the new "Global Trade Outlook and Statistics" report, estimate real global GDP growth at market exchange rates of 2.4 per cent for 2023. Projections for both trade and output growth are below the averages for the past 12 years of 2.6 per cent and 2.7 p
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Only one boasting about India's economic growth is the Govt: P Chidambaram
Updated : 2 years, 11 months ago IST
"According to the World Bank, the five-year average growth of the Modi government (2019-2024) will be 4.08 per cent Even the sequential annual growth rates after the Corona-affected year show a declining trend The only one boasting about the growth rate is the Government," Chidambaram tweete
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Asia Pacific region to grow faster on easing pandemic restrictions: ADB
Updated : 2 years, 11 months ago IST
Economic growth in developing economies in Asia and the Pacific in 2023 is going to be faster as the continued easing of pandemic restrictions boosts consumption, tourism, and investment, according to Asian Development Bank (ADB).
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ADB says India's growth to moderate to 6.4 pc in FY24
Updated : 2 years, 11 months ago IST
Growth will moderate slightly this year and rise next year, buoyed by private consumption and investment as the global economy improves, ADB said
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Indian IT sector revenue likely to plunge 700-900 basis points in fiscal 2
Updated : 2 years, 11 months ago IST
The information technology (IT) services sector in India is expected to see a decline in revenue growth by 700-900 basis points (100 basis points is equal to 1 percentage point) in fiscal 2024 amid global macroeconomic and financial sector headwinds, according to a Crisil report.
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India, Japan growing above pre-pandemic levels among Top 10 economies: PHD
Updated : 2 years, 12 months ago IST
The analysis by PHDCCI was based on the IMF database on the GDP growth of the countries according to their GDP growth rates for 2019, 2020, 2021, and 2022 and the projections for 2023.
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Emerging-market economies in Asia are likely to be less affected by the gl
Updated : 3 years ago IST
The emerging-market economies in Asia are likely to be less affected by the global slowdown, helped by the rebound in China and more moderate inflation pressures, according to 'OECD Economic Outlook, Interim Report March 2023: A Fragile Recovery,' released on Friday.
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Education sector outlook improving driven by industry-oriented learning, d
Updated : 3 years ago IST
India Ratings and Research (Ind-Ra) has revised the outlook on the Indian education sector to "improving" from "neutral" for upcoming financial year 2023-24, citing a recovery in enrolments post-pandemic and a continuous rise in enrolments in higher education.
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Former French PM Edouard Philippe to visit India from March 14-17
Updated : 3 years ago IST
Philippe will hold a meeting with External Affairs Minister S Jaishankar to exchange views on tackling major global challenges and the outlook for the France-India strategic partnership.
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