New Delhi [India], June 20 (ANI): There is a "distinct possibility" of widespread stagflation in the world, but in India, the risk of stagflation is low as the country has adopted prudent stabilisation policies, said a report released by the Finance Ministry on Monday.
New Delhi [India], June 10 (ANI): Fitch Ratings on Friday lowered India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 7.8 per cent from its earlier projection of 8.5 per cent announced in March, citing inflationary impacts of the global commodity price shoc
Mumbai (Maharashtra) [India], June 8 (ANI): The Indian stock markets' key indices, Sensex and Nifty, turned positive after the Reserve Bank of India (RBI) retained the GDP growth forecast for the current fiscal at 7.2 per cent and hiked policy repo rate by 50 basis points to tame inflation.
New Delhi [India], June 2 (ANI): State Bank of India (SBI) in a research report released on Thursday revised India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 7.5 per cent, which is 0.20 per cent higher from its earlier projection.
New Delhi [India], May 31 (ANI): Despite the downward revisions, India remains the fastest growing economy in the world, Chief Economic Advisor V Anantha Nageswaran said on Tuesday.
New Delhi [India], May 31 (ANI): India's gross domestic product (GDP) growth slowed to 4.1 per cent in January-March 2022 period, while for the full year 2021-22 the growth stood at 8.7 per cent, according to the government data released on Tuesday.
Mumbai (Maharashtra) [India], May 27 (ANI): India's economic growth recovery has lost some momentum due to the Russia-Ukraine conflict and performance in the near future will depend on the reform measures like addressing the supply-side bottlenecks to control inflation and capital spending,
New Delhi [India], May 26 (ANI): Rating agency Moody's on Thursday lowered India's economic growth forecast for 2022 by 30 basis points to 8.8 per cent from its earlier projection of 9.1 per cent announced in March.
New Delhi [India], May 26 (ANI): India's Gross Domestic Product (GDP) growth is expected to be in the range of 8.2 to 8.5 per cent in the FY22, according to State Bank of India's research report Ecowrap.
Moscow [Russia], May 16 (ANI/Sputnik): The European Commission has lowered the Eurozone's GDP projection for 2022 to 2.7 per cent from 4 per cent, according to the EU body's fresh report released on Monday.
New Delhi [India], May 11 (ANI): Global brokerage firm Morgan Stanley has lowered India's gross domestic product (GDP) growth forecast for the current financial year to 7.6 per cent citing high inflation and global slowdown.