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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
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Gold Prices Hit Record High, Dollar Weakens Amid Trump's Tariff Fears
Concerns about the global economic outlook pushed safe haven assets higher, with gold hitting a new record high above $3,384.
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"Climate Change A Downside Risk To Indian Economy": Gita Gopinath To NDTV
Gita Gopinath of the International Monetary Fund (IMF) has flagged a downside risk to the Indian economic outlook due to climate change.
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Economic Survey To Be Tabled In Parliament On Monday, A Day Before Budget
Finance Minister Nirmala Sitharaman will table the Economic Survey in Parliament on July 22, a day ahead of the Union Budget, which will be a report card on the economy and also the growth outlook ahead.
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Too Premature To Shift RBI Policy Stance; Any Form Of Adventurism Has To Be Shunned: Shaktikanta Das
The Reserve Bank of India's Governor Shaktikanta Das emphasized caution in changing monetary policy, citing premature conditions for adjustment.
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S&P Global Upgrades India's Outlook From Stable To Positive Amid Robust Growth
Global rating agency S&P Global today revised India's outlook from stable to positive on Wednesday, as the country continues to excel in long-term economic growth amid political stability.
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Heineken Beer Sales Increase But Hazy Days Ahead
Dutch brewer Heineken said Wednesday its beer sales were up but saw a "challenging and uncertain" economic outlook and couldn't guarantee the same growth for the rest of the year.
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IMF Hikes India's 2023 GDP Growth Forecast to 6.3%, Downgrades China
The International Monetary Fund on Tuesday revised India's 2023 growth forecast upwards to 6.3 per cent - in line with its unchanged outlook for 2024 - to reflect "stronger-than-expected consumption" in the April-June quarter.
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Economists Confident Of India Growth Despite Weakening Global Economy: Report
Most economists expect the global economy to weaken in the coming year amid political and financial volatility, but a large majority of over 90 per cent are confident of moderate or strong growth in South Asia, notably India, a survey showed.
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India GDP To Grow 6.3% In FY24, Economic Prospects Brighten: Deloitte
India is likely to grow 6-6.3 per cent in the current fiscal year ending March 31, 2024, Deloitte India said in its economic outlook, forecasting growth surpassing 7 per cent over the next two years if global uncertainties recede.
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India, China To Contribute Half Of Global Growth This Year: IMF Report
In its 'Regional Economic Outlook - Asia and Pacific' report released on Tuesday, the Washington-based fund said the region would contribute around 70 per cent of global growth.
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India's Economy Signals Resilience Even As Exports Dim Outlook
India's economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that's surpassing China as the most populous nation.
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India Concerned About Global Economic Outlook, Says Nirmala Sitharaman
India remains concerned about the global economic outlook and geopolitical environment, despite this year's projected growth rate of over six per cent for the country's economy, Union Finance Minister Nirmala Sitharaman has said.
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IMF Lowers Global Growth Forecast, Predicts Most Will Avoid Recession
The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns.
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Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
-
Gold Prices Hit Record High, Dollar Weakens Amid Trump's Tariff Fears
Concerns about the global economic outlook pushed safe haven assets higher, with gold hitting a new record high above $3,384.
-
"Climate Change A Downside Risk To Indian Economy": Gita Gopinath To NDTV
Gita Gopinath of the International Monetary Fund (IMF) has flagged a downside risk to the Indian economic outlook due to climate change.
-
Economic Survey To Be Tabled In Parliament On Monday, A Day Before Budget
Finance Minister Nirmala Sitharaman will table the Economic Survey in Parliament on July 22, a day ahead of the Union Budget, which will be a report card on the economy and also the growth outlook ahead.
-
Too Premature To Shift RBI Policy Stance; Any Form Of Adventurism Has To Be Shunned: Shaktikanta Das
The Reserve Bank of India's Governor Shaktikanta Das emphasized caution in changing monetary policy, citing premature conditions for adjustment.
-
S&P Global Upgrades India's Outlook From Stable To Positive Amid Robust Growth
Global rating agency S&P Global today revised India's outlook from stable to positive on Wednesday, as the country continues to excel in long-term economic growth amid political stability.
-
Heineken Beer Sales Increase But Hazy Days Ahead
Dutch brewer Heineken said Wednesday its beer sales were up but saw a "challenging and uncertain" economic outlook and couldn't guarantee the same growth for the rest of the year.
-
IMF Hikes India's 2023 GDP Growth Forecast to 6.3%, Downgrades China
The International Monetary Fund on Tuesday revised India's 2023 growth forecast upwards to 6.3 per cent - in line with its unchanged outlook for 2024 - to reflect "stronger-than-expected consumption" in the April-June quarter.
-
Economists Confident Of India Growth Despite Weakening Global Economy: Report
Most economists expect the global economy to weaken in the coming year amid political and financial volatility, but a large majority of over 90 per cent are confident of moderate or strong growth in South Asia, notably India, a survey showed.
-
India GDP To Grow 6.3% In FY24, Economic Prospects Brighten: Deloitte
India is likely to grow 6-6.3 per cent in the current fiscal year ending March 31, 2024, Deloitte India said in its economic outlook, forecasting growth surpassing 7 per cent over the next two years if global uncertainties recede.
-
India, China To Contribute Half Of Global Growth This Year: IMF Report
In its 'Regional Economic Outlook - Asia and Pacific' report released on Tuesday, the Washington-based fund said the region would contribute around 70 per cent of global growth.
-
India's Economy Signals Resilience Even As Exports Dim Outlook
India's economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that's surpassing China as the most populous nation.
-
India Concerned About Global Economic Outlook, Says Nirmala Sitharaman
India remains concerned about the global economic outlook and geopolitical environment, despite this year's projected growth rate of over six per cent for the country's economy, Union Finance Minister Nirmala Sitharaman has said.
-
IMF Lowers Global Growth Forecast, Predicts Most Will Avoid Recession
The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns.
-
Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
