The Reserve Bank also lowered the growth projection for current fiscal year recently to 6.6 per cent, and hiked the inflation forecast to 4.8 per cent in view of slowdown in economic activity as well ...

Read More »

ADB lowers India's GDP growth forecast to 6.5% for FY25 on weak growth

The Asian Development Bank (ADB) on Wednesday lowered India's economic growth forecast to 6.5 per cent for the current financial year from its earlier estimate of 7 per cent due to lower-than-expected ...

Read More »

ADB Cuts India's GDP Growth Forecast to 6.5% for FY25

The Asian Development Bank has lowered India's economic growth forecast for the current financial year to 6.5% from 7%, citing weaker private investment and housing demand. The bank also revised its ...

Read More »

ADB trims developing Asia’s growth forecast, flags US policy risks

DEVELOPING Asia is likely to grow more slowly than previously thought this year and next, and the outlook could worsen if President-elect Donald Trump makes swift changes to US trade policy, the Asian ...

Read More »

Economists Raise Singapore’s 2024 Growth Forecast, Central Bank Survey Shows

Experts surveyed by Singapore’s central bank have raised their 2024 economic growth forecast for the city-state, coming after third-quarter data showed the economy expanded at the fastest in nearly ...

Read More »