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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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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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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 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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IT Services Firm Accenture To Cut 19,000 Jobs, Trims Profit Forecasts
Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.
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Economic Growth Of G-20 Economies To Slow To 2% In 2023: Moody's
The tightening of monetary policy will have a drag on economic activity and employment in most major economies, said Moody's in its global macro outlook report titled 'Global economic risks persist despite recent positive surprises'.
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Indian CEOs Expect Positive Global Economic Outlook In 3-5 Years: Report
Nearly two-thirds of Indian companies' CEOs expect a steady or positive global economic outlook over the next three to five years, despite present challenges and sombre macroeconomic projections for 2023, according to a research report
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IMF Lifts Growth In Developing Nations To 4.0% In 2023
The International Monetary Fund on Monday raised its output growth estimate on emerging markets for this year, with projections now showing the economic slowdown
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"India A Bright Spot": IMF Predicts Global Growth To Fall To 2.9%
The IMF on Tuesday released the January update of its World Economic Outlook, according to which the global growth is projected to fall to 2.9 percent in 2023
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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.
-
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.
-
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 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.
-
IT Services Firm Accenture To Cut 19,000 Jobs, Trims Profit Forecasts
Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.
-
Economic Growth Of G-20 Economies To Slow To 2% In 2023: Moody's
The tightening of monetary policy will have a drag on economic activity and employment in most major economies, said Moody's in its global macro outlook report titled 'Global economic risks persist despite recent positive surprises'.
-
Indian CEOs Expect Positive Global Economic Outlook In 3-5 Years: Report
Nearly two-thirds of Indian companies' CEOs expect a steady or positive global economic outlook over the next three to five years, despite present challenges and sombre macroeconomic projections for 2023, according to a research report
-
IMF Lifts Growth In Developing Nations To 4.0% In 2023
The International Monetary Fund on Monday raised its output growth estimate on emerging markets for this year, with projections now showing the economic slowdown
-
"India A Bright Spot": IMF Predicts Global Growth To Fall To 2.9%
The IMF on Tuesday released the January update of its World Economic Outlook, according to which the global growth is projected to fall to 2.9 percent in 2023
