Search For "us gdp"
US tariffs likely to affect US GDP by 40-50 bps, fueling inflationary pres
Updated : 8 months, 4 weeks ago IST
The recent move by the United States to impose steep tariffs on Indian goods is expected to weigh on the U.S. economy, pushing up inflationary pressures and impacting growth, according to a report by the State Bank of India (SBI).
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S&P cuts US growth forecast sharply but rules out chances of a recessi
Updated : 1 year ago IST
S&P Global Ratings has lowered the US GDP forecast for 2025, sharply by 50 basis points to 1.5 per cent, while raising its inflation forecast. For 2026, the US growth projection has been lowered by 20 basis points to 1.7 per cent.
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S&P lowers India's growth forecast, second time in two months over US
Updated : 1 year ago IST
The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 per cent, amid uncertainties arising from trade worries following the reciprocal tariffs announced by the US.
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Recovery in global market supports India stocks, Sensex closes over 800 po
Updated : 1 year, 9 months ago IST
Going ahead, inflation data for July will be widely eyed, scheduled to be released early next week.
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Middle-income trap hinders progress of 108 developing countries; including
Updated : 1 year, 9 months ago IST
Drawing on lessons of the past 50 years, the World Development Report 2024 finds that as countries grow wealthier, they usually hit a "trap" at about 10 per cent of annual US GDP per person--the equivalent of USD 8,000 today.
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Indian stocks slump after four days of gains amid weak global cues
Updated : 2 years ago IST
Snapping a four-day winning streak, Indian stock indices closed sharply lower on Thursday, primarily due to risk aversion by investors amid weak global cues.
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India projected to become the third-largest economy by 2030: S&P Glob
Updated : 2 years, 5 months ago IST
According to S&P Global, India standing at the forefront of this economic transformation, is poised to become the third-largest economy by 2030, showcasing robust and rapid growth unparalleled among major economies.
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Fitch raises 2023 global growth outlook, says economic activity firmly pla
Updated : 2 years, 11 months ago IST
Fitch Ratings has raised the global growth forecast for 2023 to 2.4 per cent from its March estimate of 2.0 and noted that economic activity the world over is holding up better than as was expected.
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Markets extend losses, Sensex falls below 59,800 in morning trade
Updated : 3 years, 3 months ago IST
BSE Sensex dropped below 59,800 level as it declined 479 points to 59,637.06 while NSE's Nifty 50 fell 141 points to 17,750.60 in morning trade on Friday.
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US economy expands 2.9 per cent in December quarter
Updated : 3 years, 3 months ago IST
"The increase in private inventory investment was led by manufacturing (mainly petroleum and coal products as well as chemicals) as well as mining, utilities, and construction industries (led by utilities)," the US Department of Commerce said.
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US economy shrinks for second straight quarter, furthers recession fears
Updated : 3 years, 9 months ago IST
Washington [US], July 28 (ANI): Real gross domestic product (GDP) in the US decreased at an annual rate of 0.9 per cent in the second quarter of 2022 (April-June), marking the second consecutive quarter of degrowth which qualifies for a technical recession.
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US GDP falls for second-straight quarter, signs of a possible recession
Updated : 3 years, 9 months ago IST
Washington [US], July 28 (ANI): US Gross Domestic Product contracted by 0.9 per cent in the second quarter of this year after a first-quarter drop of 1.6 per cent, the US Commerce Department said Thursday in a preliminary estimate that technically placed the economy in a possible recession.
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