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Mars Dust Storms May Be Predictable Based on Surface Heating Patterns
A new study suggests warm days on Mars often precede dust storms, with researchers analysing data from NASA's Mars Reconnaissance Orbiter. The findings show 78% of storms correlate with increased solar heating, particularly in northern regions of the planet. Scientists have developed an algorithm predicting certain storm types with 64% confidence, ...
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Indian Economy In "Sweet Spot", Says Moody's, Forecasts 7.2% Growth In 2024
Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.
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Lenovo Raises PC Shipments Outlook for 2025 After Strong Earnings
Lenovo’s Chief Executive Officer Yang Yuanqing raised his outlook for global shipments in 2025 to double-digit percentage growth, up from a previous forecast of five percent to 10 percent, citing demand for AI PCs and the replacement cycle facilitated by Windows 11.
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World Bank Upgrades India's FY25 Growth, Predicts Over 6% For Next 3 Years
The World Bank has upgraded India's growth forecast for FY25 to seven per cent from 6.6 per cent, the global financial body said in an India-focused report released Tuesday.
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Rating Agency Fitch Raises India's GDP Growth Forecast For 2024-25 To 7.2%
Global rating agency Fitch today raised India's GDP growth forecast for FY25 to 7.2 per cent, from 7 per cent.
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IMF Says "8% Growth Forecast For India Not Ours", Distances From Top Exec
The recent remarks of Krishnamurthy Subramanian, Executive Director at IMF, about India's growth figures does not represent the views of the IMF and were in his role as India's representative at the global body, the IMF has said.
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"India A Key Player": Centre As IMF Forecasts Growth Rate Of 6.5% In 2024, 2025
The Centre on Wednesday reacted to the International Monetary Fund (IMF) projecting that India will surpass every other major economy and said that the country is a "key player" in the global economic landscape.
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IMF Raises 2024 Global Forecast, India Continues To Remain In Bright Spot
The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 per cent, citing unexpected "resilience" in major advanced and emerging market economies around the world.
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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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"India A Global Bright Spot, Powerhouse Of Growth": PM Modi
With the IMF forecasting robust economic growth in India amid concerns about the global economy, Prime Minister Narendra Modi on Tuesday said the country is a global bright spot and powerhouse of growth and innovation.
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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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Global Agency Moody's Raises India's Growth Forecast To 6.7% For 2023
Moody's Investors Service on Friday raised India's growth projection for 2023 calendar year to 6.7 per cent on account of robust economic momentum.
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Qualcomm Predicts Q4 Sales Below Market Estimates Due to Macroeconomic Headwinds, Weaker Global Handset Units
Qualcomm has predicted that its fourth-quarter sales would fall below market estimates, as the California-based chipmaker deals with slowing global economic growth and consumer spending on smartphones remained weak. The firm also said that its forecast for the remainder of 2023 assumes no "material revenue" from Chinese smartphone maker Huawei.
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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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One Of Bright Spots In Global Economy Right Now: IMF Praises India's Growth
International Monetary Fund division chief Daniel Leigh on Tuesday reposed faith in the Indian economy and said that it is a "very strong economy."
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Mars Dust Storms May Be Predictable Based on Surface Heating Patterns
A new study suggests warm days on Mars often precede dust storms, with researchers analysing data from NASA's Mars Reconnaissance Orbiter. The findings show 78% of storms correlate with increased solar heating, particularly in northern regions of the planet. Scientists have developed an algorithm predicting certain storm types with 64% confidence, ...
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Indian Economy In "Sweet Spot", Says Moody's, Forecasts 7.2% Growth In 2024
Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.
-
Lenovo Raises PC Shipments Outlook for 2025 After Strong Earnings
Lenovo’s Chief Executive Officer Yang Yuanqing raised his outlook for global shipments in 2025 to double-digit percentage growth, up from a previous forecast of five percent to 10 percent, citing demand for AI PCs and the replacement cycle facilitated by Windows 11.
-
World Bank Upgrades India's FY25 Growth, Predicts Over 6% For Next 3 Years
The World Bank has upgraded India's growth forecast for FY25 to seven per cent from 6.6 per cent, the global financial body said in an India-focused report released Tuesday.
-
Rating Agency Fitch Raises India's GDP Growth Forecast For 2024-25 To 7.2%
Global rating agency Fitch today raised India's GDP growth forecast for FY25 to 7.2 per cent, from 7 per cent.
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IMF Says "8% Growth Forecast For India Not Ours", Distances From Top Exec
The recent remarks of Krishnamurthy Subramanian, Executive Director at IMF, about India's growth figures does not represent the views of the IMF and were in his role as India's representative at the global body, the IMF has said.
-
"India A Key Player": Centre As IMF Forecasts Growth Rate Of 6.5% In 2024, 2025
The Centre on Wednesday reacted to the International Monetary Fund (IMF) projecting that India will surpass every other major economy and said that the country is a "key player" in the global economic landscape.
-
IMF Raises 2024 Global Forecast, India Continues To Remain In Bright Spot
The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 per cent, citing unexpected "resilience" in major advanced and emerging market economies around the world.
-
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.
-
"India A Global Bright Spot, Powerhouse Of Growth": PM Modi
With the IMF forecasting robust economic growth in India amid concerns about the global economy, Prime Minister Narendra Modi on Tuesday said the country is a global bright spot and powerhouse of growth and innovation.
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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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Global Agency Moody's Raises India's Growth Forecast To 6.7% For 2023
Moody's Investors Service on Friday raised India's growth projection for 2023 calendar year to 6.7 per cent on account of robust economic momentum.
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Qualcomm Predicts Q4 Sales Below Market Estimates Due to Macroeconomic Headwinds, Weaker Global Handset Units
Qualcomm has predicted that its fourth-quarter sales would fall below market estimates, as the California-based chipmaker deals with slowing global economic growth and consumer spending on smartphones remained weak. The firm also said that its forecast for the remainder of 2023 assumes no "material revenue" from Chinese smartphone maker Huawei.
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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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One Of Bright Spots In Global Economy Right Now: IMF Praises India's Growth
International Monetary Fund division chief Daniel Leigh on Tuesday reposed faith in the Indian economy and said that it is a "very strong economy."
