Global Growth Forecast To Slow Down

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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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  OECD Trims Global Growth Forecast, Sees Israel-Hamas War As Near-Term Risk

  The world economy is likely headed for a soft landing next year, the OECD said Wednesday as it pared back its growth forecast, but warned the Israel-Hamas conflict could throw a spanner in the works.

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  Fitch Slashes India's GDP Growth Forecast To 7% From 7.8% For This Year

  Fitch expects the Indian economy to slow down and said in a statement released late on Wednesday.

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  Apple Says Global Chip Shortage Will Start to Affect iPhone Production, Growth Forecast Slows

  Apple said that a global chip shortage that has bit into its ability to sell Mac and iPad units will start to affect iPhone production and forecasted slowing revenue growth, sending its shares lower.

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  IMF Cuts GDP Growth Forecast To 6% For 2019-20

  The IMF's outlook comes days after a World Bank report pegged India's growth rate in FY 2019-20 at 6 per cent, and the Reserve Bank of India's latest downward revision to 6.1 per cent.

• Indian economy likely to grow between 7-7.5% in FY12: Basu

  Economic growth in the current fiscal could be around 7-7.5 per cent, down from 8.5 per cent a year ago.