growth forecast

The World Bank has revised downwards its 2023-24 growth forecast for India due to a drag in private consumption and a sharp global slowdown but said the country will remain the world’s fast-growing economy. According to the World…

Economists said high inflation hit consumer spending, with prices in April 7.2% higher than a year ago. Photo: rawpixel.com New figures show the German economy suffered an unexpected dip in the first quarter of this year, putting the…

China's central bank on Friday pegged the country's economic growth at five per cent, which is in line with the government's target for 2023.The central bank's economic projection comes just days after the International Monetary Fund dubbed…

A worker walks past inside the Asian Development Bank (ADB) headquarters in Manila. File | Photo Credit: Reuters China’s recovery from the pandemic and strong demand in India will drive strong economic growth in Asia this year, the Asian…

<!-- -->The CEA said there are enough signs that manufacturing is in good health. (Representational)New Delhi: Chief Economic Advisor V Anantha Nageswaran on Tuesday said high frequency data indicate buoyant economic growth momentum…

With downgrades in growth forecasts from June, and a slowdown predicted next year, a growth rate next fiscal year of 6.1% for India was “still a bright spot”, said an IMF official With downgrades in growth forecasts from June, and a…

Read moreRBI Monetary Policy 2022 Live Updates: The Reserve Bank of India’s rate-setting panel is expected to raise the policy rate ranging between 35 to 50 basis points (bps). The decision of RBI Governor Shaktikanta Das headed the…

Domestic rating agency Crisil on Friday lowered its real GDP growth forecast for India to 7.3 per cent in FY23 from 7.8 per cent estimated earlier. It attributed the downward revision to higher oil prices, slowing of export demand and high…

Citing the second highest business activity index reading in 13 months in April, rating agency Icra on Tuesday forecast the economy to grow 12-13 per cent in the first quarter of the current fiscal. However, Icra has maintained its annual…

Image Source : PTI In 2021, India registered a growth rate of 8.9 per cent. By 2023, India is estimated to grow at 6.9 per cent, the IMF said.   HighlightsInternational Monetary Fund projected a "fairly robust" growth of 8.2 per cent…