IMF forecasts global growth of 3.2 pc in 2024

Apr 16, 2024

The International Monetary Fund (IMF) forecasts a global economic growth rate of 3.2 percent for the year 2024, raising it's growth forecast by 10...

With 23% CAGR, global EV market to soar to USD 2108 billion by 2033: Report

Sep 28, 2024

This growth, with a compound annual growth rate (CAGR) of 23 per cent from 2024 to 2033, reflects the increasing global demand for sustainable...

Fitch raises global growth forecast on improved near-term prospects

Mar 14, 2024

Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per cent in its latest Global Economic Outlook...

Oil price rise would hit 2024 global growth, inflation outlook: Fitch

Nov 12, 2023

Higher-than-expected oil prices in a scenario where the ongoing Middle East conflict disrupts oil supply would cause lower economic growth and higher inflation, according...

Steady outlook for APAC transport infrastructure as Fitch ratings forecasts resilient demand

Dec 04, 2023

The sector outlook is grounded in the expectation of stabilizing economic growth in 2024, as indicated by Fitch's latest Global Economic Outlook.

Asia to contribute 60 pc of global growth in 2024: IMF official

May 14, 2024

Asia remains the engine of economic growth and it is on track to deliver 60 per cent of global growth this year, said IMF...