World Economic Outlook
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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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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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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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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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Gita Gopinath Describes IMF's Global Outlook For 2023, Says "Tough Year Ahead, But..."
The Deputy Managing Director of the International Monetary Fund (IMF), Gita Gopinath, is currently in Davos for the annual meeting of the World Economic Forum. "We have a tough year ahead, but there are signs of resilience," she said.
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India's Post-Covid Spending Boom Set To Drive Two-Speed Economy
India is set to be the world's fastest growing major economy in the year ahead.
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"India In A Relative Bright Spot": IMF As It Cuts Global Growth
The IMF on Tuesday in its World Economic Outlook projected a growth rate of 6.8 per cent in 2022 as compared to 8.7 per cent in 2021 for India.
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Forget Recession, Soft Landing For India Means Fast Growth, If Not The Fastest
India's central bank, which last month vowed to do "whatever it takes" to fight inflation, is expected to refocus efforts toward its own version of a soft landing where it tackles price gains while trying to ensure growth remains among the worlds fastest.
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India Risks Losing Its Status As World's Fastest Growing Economy: Report
Growth this quarter is predicted to slow sharply to an annual 6.2 per cent from a median forecast of 15.2 per cent in Q2.
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Oil Slides On Strong Dollar And Weaker Demand Outlook
Oil prices fell on Tuesday on a strong dollar, and expectations of weakening demand due to fresh COVID-19 curbs in top world crude importer China and fears of a global economic slowdown.
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Recession Risks Gone? Don't Be Fooled By Stocks Rebound; Wall Street Eyed
Stocks positive, but it's anyone's guess if that's how it looks tomorrow morning after a day's trading on Wall Street.
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IMF May Cut Forecast For Global Economic Growth
The International Monetary Fund (IMF) expects to further cut its forecast for global economic growth in 2022 next month
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World Bank Cuts India's 2022-23 Growth Outlook To 7.5%
The World Bank on Tuesday cut India's economic growth forecast for the current fiscal to 7.5 per cent
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IMF Chief Says External Funding Will Boost Ukraine's Financial Stability
IMF Managing Director Kristalina Georgieva has said that greater external funding is needed to help maintain financial stability in war-torn Ukraine
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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.
-
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.
-
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.
-
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
-
Gita Gopinath Describes IMF's Global Outlook For 2023, Says "Tough Year Ahead, But..."
The Deputy Managing Director of the International Monetary Fund (IMF), Gita Gopinath, is currently in Davos for the annual meeting of the World Economic Forum. "We have a tough year ahead, but there are signs of resilience," she said.
-
India's Post-Covid Spending Boom Set To Drive Two-Speed Economy
India is set to be the world's fastest growing major economy in the year ahead.
-
"India In A Relative Bright Spot": IMF As It Cuts Global Growth
The IMF on Tuesday in its World Economic Outlook projected a growth rate of 6.8 per cent in 2022 as compared to 8.7 per cent in 2021 for India.
-
Forget Recession, Soft Landing For India Means Fast Growth, If Not The Fastest
India's central bank, which last month vowed to do "whatever it takes" to fight inflation, is expected to refocus efforts toward its own version of a soft landing where it tackles price gains while trying to ensure growth remains among the worlds fastest.
-
India Risks Losing Its Status As World's Fastest Growing Economy: Report
Growth this quarter is predicted to slow sharply to an annual 6.2 per cent from a median forecast of 15.2 per cent in Q2.
-
Oil Slides On Strong Dollar And Weaker Demand Outlook
Oil prices fell on Tuesday on a strong dollar, and expectations of weakening demand due to fresh COVID-19 curbs in top world crude importer China and fears of a global economic slowdown.
-
Recession Risks Gone? Don't Be Fooled By Stocks Rebound; Wall Street Eyed
Stocks positive, but it's anyone's guess if that's how it looks tomorrow morning after a day's trading on Wall Street.
-
IMF May Cut Forecast For Global Economic Growth
The International Monetary Fund (IMF) expects to further cut its forecast for global economic growth in 2022 next month
-
World Bank Cuts India's 2022-23 Growth Outlook To 7.5%
The World Bank on Tuesday cut India's economic growth forecast for the current fiscal to 7.5 per cent
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IMF Chief Says External Funding Will Boost Ukraine's Financial Stability
IMF Managing Director Kristalina Georgieva has said that greater external funding is needed to help maintain financial stability in war-torn Ukraine
