Mumbai (Maharashtra) [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Thursday kept repo rate unchanged at the current 5.15 per cent level but revised gross domestic product (GDP) growth projection for the current financial year 2019-20 to 5 per cent from its earlier forecast of 6.1
Hong Kong, Nov 26 (ANI): Moody's Investors Service said in a new report on Tuesday that slowing economic growth and continued trade tensions will keep credit conditions negative for non-financial companies in Asia (ex-Japan) in 2020, although the impact will vary by country and sector.
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.
Bangkok [Thailand], Oct 10 (ANI): Growth in developing East Asian and Pacific economies is expected to slow from 6.3 per cent last year to 5.8 per cent in 2019 and to 5.7 and 5.6 per cent in 2020 and 2021 respectively, reflecting a broad-based decline in export growth and manufacturing ac
Hong Kong, Oct 9 (ANI): The operating environment for Chinese banks is deteriorating as the escalating trade tensions with the United States will add further pressure to the country's economic growth, Moody's Investors Service said in a new report released on Wednesday.
Beijing [China], Sept 25 (ANI): Despite a damaging year of trade tensions with the US and ongoing pro-democracy unrest in Hong Kong, China is preparing for a massive military parade on October 1 to mark 70 years of Communist rule in the country.
Tokyo [Japan], Sep 25 (ANI): The Asian Development Bank (ADB) has revised its outlook for India's economy with growth now expected at 6.5 per cent in fiscal year (FY) 2019, following weaker expansion in the first quarter of the year with slower growth in consumption and investment affecting
Paris [France], Sept 19 (ANI): The global economy has become increasingly fragile and uncertain with growth slowing and downside risks continuing to mount, according to the OECD's latest interim economic outlook released on Thursday.
Singapore, Sep 16 (ANI): Moody's Investors Service said in a new report on Monday that the recent escalation of trade tensions between the United States and China will further cloud the trade and economic outlook in Asia with a predominantly negative effect at the sector level.
Mumbai (Maharashtra) [India], Sept 5 (ANI): India Ratings and Research (Ind-Ra) expects headwinds to foreign portfolio investment (FPI) flows into India to continue over the near-to-medium term despite the accommodative global monetary policy stance and the government's efforts to alleviate
Ahmedabad (Gujarat) [India], Aug 30 (ANI): A slowdown in global economy and escalating US-China trade tensions have pushed up the price of yellow metal up nearly 20 per cent so far this year.