Singapore, December 10: The Mastercard Economics Institute (MEI) today released its annual economic outlook for 2026, revealing that Asia Pacific's growth remains broadly stable even as the global economy adapts to rapid tariff changes, accelerating AI investment, and evolving consumer trend
The International Monetary Fund (IMF) has approved an immediate disbursement of USD1 billion to Pakistan under the Extended Fund Facility (EFF) and around USD 200 million under the Resilience and Sustainability Facility (RSF), bringing total disbursements to nearly USD 1.2 billion.
Abdulla bin Touq Al Marri, Minister of Economy and Tourism, affirmed that the 54th UAE Eid Al Etihad arrives this year crowned with exceptional economic and tourism achievements that reflect the vision of the UAE's leadership and the strength of the Union.
Earlier today, as per the NSO data, India's real GDP was estimated to have grown by 8.2 per cent in the July-September quarter of the current financial year 2025-26, compared with 5.6 per cent in the same quarter of the previous fiscal.
In the Economic Survey for 2024-25, tabled in Parliament on January 31, the real GDP growth for 2025-26 was projected to be between 6.3 and 6.8 per cent, a projection that has not been revised since then.
Prime Minister Narendra Modi on Friday said the 8.2% GDP growth in Q2 of 2025-26 is "very encouraging" and the government will continue to advance reforms and strengthen Ease of Living for every citizen.
India's real GDP has been estimated to have grown by 8.2 per cent in the July-September quarter of the current financial year 2025-26 over the growth rate of 5.6 per cent in the same quarter of the previous fiscal, official data showed Friday.
The report forecasts real GDP growth of 6.8 per cent in FY26 and 6.5 per cent in FY27-28, driven primarily by an uptrend in household consumption, improving urban sentiment, and a broadening investment cycle.
Real GDP has been estimated to grow by 7.8 per cent in Q1 of FY 2025-26 over the growth rate of 6.5 per cent during Q1 of FY 2024-25. Nominal GDP has witnessed a growth rate of 8.8 per cent in Q1 of FY 2025-26.
India's real GDP grew by 7.8% in Q1 FY26, reflecting strengthening momentum in the economy, anchored by strong macroeconomic fundamentals, sources in the Finance Ministry said on Friday, noting that the High Frequency Indicators had been green-signalling the potentially higher numbers.
India's real GDP has been estimated to grow by 7.8 per cent in the April-June quarter of the financial year 2025-26 over the growth rate of 6.5 per cent in the same quarter of the previous fiscal, official data showed Friday.
Trump's tariff on trade action has forced a downward revision in India's real GDP growth forecasts; now pegged at 6.5% year-on-year for calendar year (CY) 2025 and 6.4% for 2026, a reduction of 0.1 and 0.2 percentage points, respectively.