World Bank slashes economic outlook for China to 2.8 pc

Sep 29, 2022

Beijing [China], September 29 : The World Bank on Tuesday slashed China's 2022 economic growth projection to 2.8 per cent, pointing to Beijing's "zero-COVID"...

World Bank says Sri Lanka's economic outlook uncertain, needs urgent policy measures

Apr 14, 2022

Colombo [Sri Lanka], April 14 : Sri Lanka needs urgent policy measures to address its high levels of debt and debt service, reduce the...

ADB raises growth forecast for developing Asia to 5.0 per cent, calls India as the region's fastest-growing economy

Jul 18, 2024

The Asian Development Bank (ADB) kept the Indian economic growth forecast unchanged at 7 per cent for fiscal year 2024 in the latest Asian...

Faced with 'darkening' outlook, IMF set to downgrade global growth

Jul 14, 2022

New Delhi [India], July 14 : Faced with a "darkening" economic outlook, the International Monetary Fund (IMF) is set to further downgrade global growth...

Global manufacturing production rapidly moving toward emerging market economies like India: IMF

Oct 23, 2024

The International Monetary Fund (IMF), in its latest World Economic Outlook report, has highlighted a significant global shift in manufacturing production towards emerging markets...

World Bank raises India's growth outlook for FY25 to 7% from 6.6 %

Oct 10, 2024

The World Bank has raised India's economic growth forecast from 6.6 per cent to 7.0 per cent for the financial year 2024-25 citing the...