Us Gdp Growth

Gross domestic product (GDP) increased at a 6.4 per cent annualized rate last quarter, the government said in its advance estimate for the first three months of the year.

The fund now forecasts world gross domestic product to shrink 4.4 per cent this year, an improvement from the 4.9 per cent drop seen in June, according to the latest World Economic Outlook released this week.

As Finance Minister Nirmala Sitharaman gears up to present her second Union Budget, all eyes are on any new announcements to revive the economy. After holding its position as the world's fastest-growing major economy for four years, India was predicted to emerge as the third largest economy after the US and China. But that script has gone awry in t...

India will "struggle" to achieve 5 per cent GDP growth in 2020 as the significant deceleration in past few quarters was largely owing to credit squeeze which is a cyclical problem, said noted American economist Steve Hanke.

GDP expanded 1.9 per cent in the July-September period, well above economists' expectations but a notch lower than the second quarter's 2.0 per cent.

China's growth rate is expected to continue to slow, and will be a smaller driver to global GDP growth in the near term.

China's economy expanded at its slowest rate in nearly three decades during the third quarter as it was hit by the long-running US trade war and cooling domestic demand, data showed Friday, with an official warning of "mounting downward pressure".

Investors cheered Friday as the US struck a partial trade agreement with China and there were even signs the UK may strike a divorce deal with the European Union.

Only last spring, as the country was gearing up for elections, we were hearing about a growth rate of 7 per cent, the highest in the world. Various new statistics were trotted out to suggest that the growth rate since 2014 had been higher than that under the previous regime. Those of us who looked at other economic indicators such as the unemployme...

Growth cooled to 5.8 per cent in the first three months of the year, the slowest pace in several quarters, according to a report on Friday.

Fed policymakers said ongoing economic growth, a strong labour market and an eventual rise in inflation were still "the most likely outcomes" as the US expansion nears its 10-year mark.

The slowdown in growth is expected to spill over into 2019 as the fiscal stimulus fades and a bitter trade war with China and strong dollar undercut manufacturing.

India's share of global GDP growth is expected to rise from 13 per cent to almost 16 per cent -- a jump of three percentage points, forecasts report.

China's economy grew at its slowest pace in nine years in the third quarter, as a campaign to tackle mounting debt and trade frictions with the US had an effect.

In a surprise move, the Reserve Bank of India (RBI) kept the repo rate- the rate at which it lends loans to commercial banks - unchanged at 6.5 per cent. The reverse repo rate or the rate at which RBI borrows from commercial banks was kept unchanged at 6.25 per cent. Soon after the announcement, the rupee breached the 74 mark against the US dollar ...

Gross domestic product (GDP) increased at a 6.4 per cent annualized rate last quarter, the government said in its advance estimate for the first three months of the year.

The fund now forecasts world gross domestic product to shrink 4.4 per cent this year, an improvement from the 4.9 per cent drop seen in June, according to the latest World Economic Outlook released this week.

As Finance Minister Nirmala Sitharaman gears up to present her second Union Budget, all eyes are on any new announcements to revive the economy. After holding its position as the world's fastest-growing major economy for four years, India was predicted to emerge as the third largest economy after the US and China. But that script has gone awry in t...

India will "struggle" to achieve 5 per cent GDP growth in 2020 as the significant deceleration in past few quarters was largely owing to credit squeeze which is a cyclical problem, said noted American economist Steve Hanke.

GDP expanded 1.9 per cent in the July-September period, well above economists' expectations but a notch lower than the second quarter's 2.0 per cent.

China's growth rate is expected to continue to slow, and will be a smaller driver to global GDP growth in the near term.

China's economy expanded at its slowest rate in nearly three decades during the third quarter as it was hit by the long-running US trade war and cooling domestic demand, data showed Friday, with an official warning of "mounting downward pressure".

Investors cheered Friday as the US struck a partial trade agreement with China and there were even signs the UK may strike a divorce deal with the European Union.

Only last spring, as the country was gearing up for elections, we were hearing about a growth rate of 7 per cent, the highest in the world. Various new statistics were trotted out to suggest that the growth rate since 2014 had been higher than that under the previous regime. Those of us who looked at other economic indicators such as the unemployme...

Growth cooled to 5.8 per cent in the first three months of the year, the slowest pace in several quarters, according to a report on Friday.

Fed policymakers said ongoing economic growth, a strong labour market and an eventual rise in inflation were still "the most likely outcomes" as the US expansion nears its 10-year mark.

The slowdown in growth is expected to spill over into 2019 as the fiscal stimulus fades and a bitter trade war with China and strong dollar undercut manufacturing.

India's share of global GDP growth is expected to rise from 13 per cent to almost 16 per cent -- a jump of three percentage points, forecasts report.

China's economy grew at its slowest pace in nine years in the third quarter, as a campaign to tackle mounting debt and trade frictions with the US had an effect.

In a surprise move, the Reserve Bank of India (RBI) kept the repo rate- the rate at which it lends loans to commercial banks - unchanged at 6.5 per cent. The reverse repo rate or the rate at which RBI borrows from commercial banks was kept unchanged at 6.25 per cent. Soon after the announcement, the rupee breached the 74 mark against the US dollar ...