Ind-Ra raises FY25 GDP growth estimate to 7.1 pc: Strong government-private investment propel economic momentum

May 06, 2024

The new projection slightly exceeds the Reserve Bank of India's (RBI) forecast of 7.0 per cent. The agency's forecast indicates higher growth than RBI's...

Economy to contract at 7.5 pc for FY21 due to COVID-19 impact: RBI

Dec 04, 2020

Mumbai (Maharashtra) [India], December 4 : The Reserve Bank of India (RBI) on Friday revised its forecast of economic growth for the current fiscal...

World Bank lowers Pakistan's growth forecast to 4.3pc

Apr 14, 2022

Islamabad [Pakistan], April 14 : Citing the additional burden on the budget put by the last-ditch energy subsidies by the outgoing Imran Khan government,...

World Bank downgrades 2022 global growth forecast to 2.9 pc, warns of stagflation risk

Jun 07, 2022

Washington [US], June 7 (ANI/Xinhua): The global economy is on track to grow by 2.9 percent in 2022, down 1.2 percentage points from the...

RBI keeps policy rates unchanged; raises inflation forecast, lowers growth outlook

Apr 08, 2022

Mumbai (Maharashtra) [India], April 8 : In the first monetary policy review of the financial year 2022-23, the Reserve Bank of India (RBI) on...

World Bank makes upward revision of India's GDP growth forecast due to robust economic activities

Dec 06, 2022

According to the World Bank, India's real GDP growth is expected to be at 6.9 per cent in FY22-23 compared to 8.7 per cent...