Search For "global economic growth"

OPEC lowers global economic, oil demand forecasts
Updated : 1 month, 3 weeks ago IST
Vienna [Austria], May 12 (ANI/Xinhua): The Organization of the Petroleum Exporting Countries (OPEC) on Thursday revised its forecasts for this year's global economic growth and oil demand, citing COVID-19-induced restrictions and geopolitical tensions.
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World Bank lowers 2022 global growth forecast from 4.1 pc to 3.2 pc
Updated : 2 months, 2 weeks ago IST
Washington [US], April 18 (ANI/Sputnik): The World Bank Group has lowered its projection for the rate of global economic growth in 2022 from 4.1 per cent to 3.2 per cent, President David Malpass said on Monday.
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IMF cuts 2022 global economic growth forecast to 4.4 pc on US, China slowd
Updated : 5 months, 1 week ago IST
Washington [US], January 25 (ANI): Amid faltering growth in the world's largest economies of the US and China due to the COVID-19 pandemic, the International Monetary Fund (IMF) on Tuesday cut down the global economic growth forecast to 4.4 per cent.
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COVID-19 new variant, inflation to derail global economic recovery in 2022
Updated : 5 months, 3 weeks ago IST
Washington [United States], January 12 (ANI): Global economic growth will drop sharply from 5.5 per cent in 2021 to 4.1 per cent in 2022 and dip further to 3.2 per cent in 2023 due to fresh threats from COVID-19 variants and a rise in inflation, debt and income inequality, the World Bank sai
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Fitch maintains neutral outlook for gold prices in near term
Updated : 10 months ago IST
Singapore, September 3 (ANI): Fitch Solutions said on Friday it expects gold prices to trade sideways over the coming months along with bouts of volatility as conflicting factors continue to affect the asset.
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Indian CEOs ready for challenges of a post-pandemic world: PwC
Updated : 1 year, 2 months ago IST
New Delhi [India], April 16 (ANI): Nearly 88 per cent of Indian CEOs are confident about global economic growth improving over the next 12 months while 70 per cent are confident about their own revenue growth in the same period, according to the latest PwC's 24th Global CEO Survey.
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Credit defaults in Asia rose in 2019 while ratings remained indicators of
Updated : 1 year, 8 months ago IST
Singapore, October 14 (ANI): A total of 10 companies rated by S&P Global Ratings including seven confidential issuers defaulted in Asia last year, up from three corporate defaults in 2018.
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ADB assures $2.2 billion support package to India for battling COVID-19
Updated : 2 years, 2 months ago IST
Manila [The Philippines], April 10 (ANI): Asian Development Bank (ADB) President Masatsugu Asakawa on Friday assured Finance Minister Nirmala Sitharaman of 2.2 billion dollars (about Rs 16,820 crore) support to India in its fight against novel coronavirus disease (COVID-19) pandemic.
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CEO pessimism over global growth reaches record high: PwC
Updated : 2 years, 5 months ago IST
Davos [Switzerland], Jan 21 (ANI: As we enter a new decade, chief executive officers are showing record levels of pessimism in the global economy with 53 per cent predicting a decline in the rate of economic growth in 2020.
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Global air freight demand slips down 1.1 pc in November: IATA
Updated : 2 years, 5 months ago IST
Geneva [Switzerland], Jan 9 (ANI): The latest data for global air freight markets released by International Air Transport Association (IATA) shows that demand measured in freight tonne kilometres (FTKs) decreased by 1.1 per cent in November 2019 compared to the same period in 2018.
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World Bank projects modest pickup of 2.5 pc in global growth in 2020
Updated : 2 years, 5 months ago IST
Washington DC [USA], Jan 9 (ANI): Global economic growth is forecast to edge up to 2.5 per cent in 2020 as investment and trade gradually recover from last year's significant weakness but downward risks persist, the World Bank says in its January 2020 Global Economic Prospects.
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Protectionism will end up damaging global efforts against climate change,
Updated : 2 years, 8 months ago IST
Beijing [China], Oct 26 (ANI): Ministers taking part in the meeting of BASIC countries on Climate Change have said that unilateralism and protectionism undermine the open international trade system and prospects of global economic growth which will end up damaging global efforts against cli
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