Updated : 1 day, 4 hours ago IST
New York [USA], Nov 14 (ANI): India's economic slowdown is lasting longer than previously expected, Moody's Investors Service said on Thursday while pegging its forecast for the gross domestic product (GDP) growth at 5.6 per cent in 2019 calendar year.
Updated : 4 days, 4 hours ago IST
New York [USA], Nov 11 (ANI): Moody's Investors Service said on Monday its outlook for sovereign creditworthiness in 2020 is negative, reflecting expectations for the fundamental conditions that will drive sovereign credit over the next 12 to 18 months.
Updated : 4 weeks ago IST
Mumbai (Maharashtra) [India], Oct 18 (ANI): Equity benchmark indices extended morning gains on Friday and ended with gains of 0.6 per cent as global peers slumped after China's GDP growth slipped to a 27-year low of 6 per cent in the third quarter of 2019.
Beijing [China], Oct 18 (ANI): Amid a trade war with the United States, China's economic growth dropped to a 27-year low in the third quarter of 2019.
Updated : 1 month ago IST
New Delhi [India], Oct 10 (ANI): India Ratings and Research (Ind-Ra) on Thursday revised its forecast of India's gross domestic product (GDP) growth in current financial year downward to 6.1 per cent following the Central Statistical Organisation (CSO) estimating Q1 growth to be 5 per cent,
Updated : 1 month, 1 week ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): The interest rate cut by Reserve Bank of India (RBI) failed to boost market sentiment on Friday as equity benchmarks fell after the central bank also lowered its forecast of GDP growth rate to 6.1 per cent for the current financial year.
New Delhi [India], Oct 4 (ANI): Reduction of interest rate by 0.25 per cent by the Reserve Bank of India (RBI) and the accompanying dovish statement keeps the door open for future reductions to revive economic growth amid volatile global trade, experts said on Friday.
Mumbai (Maharashtra) [India], Oct 4 (ANI): The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the current 5.4 per cent in a bid to support government measures for boosting economic activity amid benign inflation.
Updated : 1 month, 2 weeks ago IST
New Delhi [India] Sept 28 (ANI/NewsVoir): Broadband India Forum and Bharat Exhibitions had come together to organise the flagship event on Fiber-to-the-Home called FTTH India Summit 2019 with the title, 'Vision of FTTH in India and Current Trends of FTTH Technology across the Globe' in Mumba
Hong Kong, Sep 26 (ANI): India's corporate tax cuts support efforts to stimulate investment and GDP growth in the medium term but will cause the fiscal deficit to widen in the near term, Fitch Ratings said on Thursday.
Updated : 1 month, 3 weeks ago IST
Singapore City [Singapore], Sept 23: The world markets have recently been taken on a roller coaster ride by the President of the world's largest economy. They have been bobbing up and down, depending on his unpredictable pronouncements on Twitter.
Lucknow (Uttar Pradesh) [India], Sept 22 (ANI): Chief Minister Yogi Adityanath on Sunday backed the Centre's decision to cut corporate tax rates, saying that this will pave the way for India becoming a $ 5 trillion economy, while Uttar Pradesh will be a $ 1 trillion economy by 2024.