GDP
- Business
World Bank cuts India’s economic growth forecast to 7.5 pc for FY23
Washington: The World Bank on Tuesday cut India’s economic growth forecast for the current fiscal to 7.5 per cent as rising inflation, supply chain disruptions and geopolitical tensions taper recovery. This is…
- Middle East
Saudi Arabia’s GDP trumps estimate, grows by 9.9 in first quarter
Riyadh: Saudi Arabia’s Gross Domestic Product (GDP) grew by 9.9 percent in the first quarter of 2022, surpassing May’s estimate of 9.6 percent. Crude petroleum and natural gas activities were the contributor…
- India
Fiscal deficit 2021-22 at 6.7% of GDP, lower than estimate: CGA
New Delhi: Fiscal deficit for 2021-22 worked out to be 6.71 per cent of the gross domestic product (GDP), lower than 6.9 per cent projected by the Finance Ministry in the revised…
- Pakistan
Pakistan registers nearly 6% growth in 2021-22, economy rises to USD 383 billion: report
Islamabad: Fuelled by imports and consumption, Pakistan’s growth rate accelerated to nearly 6 per cent during the last year of Imran Khan’s government, the highest pace in four years, helping to increase…
- World
United Kingdom economy to shrink in 2023, warns Bank of England
London: The Bank of England’s latest forecasts show that there is a serious risk of the UK falling into recession, as it hikes interest rates in an attempt to tackle inflation, The…
- World
$7.2 trillion of China’s GDP under lockdown
New York: Nearly 400 million people across 45 cities in China are under full or partial lockdown as part of China’s strict zero-Covid policy. Together, they represent 40 per cent, or $7.2…
- Top Stories
Ukraine war to result in 1.3 pc lower GDP growth for India, says World Bank
Washington: Russia’s war in Ukraine is likely to result in a significant 1.3 per cent lower GDP growth for India and 2.3 percentage point lower income growth, a top World Bank official…
- India
War’s impact on commodity prices to dent GDP, demand growth
New Delhi: The Russia-Ukraine war is expected to dent India’s GDP growth as well as demand recovery. The crisis has led to a global spike in international prices of crude oil, natural…
- Business
India’s GDP growth expected at 7.8% next fiscal: Crisil
New Delhi: India’s gross domestic product (GDP) growth is expected to come in at 7.8 per cent in fiscal 2023, said ratings agency Crisil. According to the ratings agency, any potential upside…
- Business
India’s GDP growth slows to 5.4 pc; economy faces new geopolitical risks
New Delhi: India’s GDP growth slowed to 5.4 per cent in October-December 2021 before the full fury of the third wave of coronavirus infections struck the country and the economy faced fresh…
- Telangana
Telangana financially on a firm footing
Hyderabad: Despite the dent in revenues during the last two years due to Covid pandemic and lack of help from the Centre, Telangana financially appears to be on a firm footing. With a…
- India
Budget should focus on bridging widened inequality in economy: Subbarao
New Delhi: The upcoming Budget should focus on creating jobs and bridging the widened inequality in the economy besides accelerating growth, former RBI Governor D Subbarao said on Thursday while observing that…
- Business
Spread of Omicron to reduce GDP growth in FY22: Ind-Ra
New Delhi: Rising cases of the Omicron variant of Covid-19 and the subsequent curbs will have an adverse impact on India’s Q4FY22 GDP, said India Ratings and Research (Ind-Ra). The rising cases…
