GDP growth Archives

July 15, 2024 9:24 AM

China’s economy falters as property, consumer pain worsens amid rising uncertainties

China's economy is facing increasing external uncertainties and many domestic difficulties and challenges in the second half, a spokesperson for the National Bureau of Statistics said on Monday. China's GDP growth of 5% in the first half was "hard wo...

March 20, 2024 5:16 PM

India’s economy resilient, real GDP growth hits six-quarter high: RBI bulletin

India's economy is displaying resilience and growth despite facing hurdles, as stated in an article published in the Reserve Bank of India’s (RBI) monthly bulletin on Tuesday. According to the article, India's real GDP growth surged to 8.4 percent...

January 31, 2024 9:33 AM

IMF upgrades India’s GDP growth estimate to 6.7% for current financial year

International Monetary Fund (IMF) has increased its GDP growth estimate for India to 6.7 percent for the current financial year. It is 40 basis points higher than its previous forecast of 6.3 percent. In its latest World Economic Outlook report, IMF...

January 17, 2024 9:53 AM

India poised to remain one of fastest-growing economies in world for next few years: Fitch

Fitch Ratings has said that India is poised to remain one of fastest-growing economies in the world in next few years. The rating agency has also affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB (minus)' with a stable o...

December 1, 2023 1:17 PM

India’s GDP expected to grow by 6.5 % in FY24: Finance Ministry

Hours after the Union Finance Ministry stated that the Indian economy grew 7.6 percent during the July-September quarter of the current financial year 2023-24, it said that India's GDP is expected to grow by 6.5 percent in the financial year 2024. ...