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world economic outlook news

India is the bright spot in sluggish economy

PREMIUM
The IMF's WEO report underlines that generating broad-based growth tailwinds is not going to be easy. (Reuters/File)
Published on Apr 17, 2024 09:45 pm IST

India’s GDP may expand by 7% in 2nd quarter of FY24: Experts

Global agencies also saw Indian economy growing faster than previously estimated this year. (File)
Updated on Nov 04, 2023 03:36 am IST

Sprinting when world is limping

PREMIUM
Will the Indian economy continue to remain in this sweet spot?
Published on Oct 11, 2023 10:00 pm IST

IMF raises India growth forecast to 6.3% for FY24

The Indian economy will grow faster than previously estimated this year, says the International Monetary Fund. (REUTERS)
Updated on Oct 11, 2023 02:18 am IST

Layoff news: 3M to slash 2,500 Jobs, CEO vows to reexamine ‘everything we do’

The logo for 3M appears on a screen above the trading floor of the New York Stock Exchange. 3M, maker of Post-it notes, industrial coatings and ceramics, is cutting about 2,500 manufacturing jobs worldwide.
Published on Jan 24, 2023 11:09 pm IST

'Worst to come... 2023 will feel like recession': IMF warns, cuts India forecast

India's GDP growth slashed to 6.8 per cent by International Monetary Fund (File)
Updated on Oct 11, 2022 08:59 pm IST

IMF warns of darkening prospects in developing countries | Growth forecast table

Gita Gopinath, chief economist at the International Monetary Fund (IMF) speaks at a World Economic Outlook news conference in Washington on Tuesday.
Published on Oct 12, 2021 10:35 pm IST

Four questions about economic data in Aug ’21

Gita Gopinath, the IMF chief economist, said that a (potential) third wave could further damage India’s growth prospects.
Updated on Jul 31, 2021 04:38 am IST

Four charts on the state of the Indian economy

People wearing protective masks look up at the Bombay Stock Exchange (BSE) building in Mumbai, India, on Thursday, Jan. 21, 2021.
Updated on Feb 08, 2021 04:38 am IST

Indian economy will recover from coronavirus crisis with right policies: IMF official

The International Monetary Fund in its annual World Economic Outlook significantly downgrades India’s growth for the fiscal year 2020 to minus 10.3 per cent.
Published on Oct 14, 2020 02:04 pm IST

India’s GDP to shrink 10.3% in FY21, says IMF

A vendor weighs vegetable next to an advertisement of Paytm, a digital payments firm, hanging amidst his vegetables at a roadside market in Mumbai.
Updated on Oct 14, 2020 06:14 am IST

World GDP to drop 4.4% in 2020, rise 5.2% 2021: IMF

Around $3 trillion in stimulus spending kept the United States from a disastrous contraction and growth is expected to decline just 4.3 percent this year. China will see its economy expand by 1.9 percent.
Published on Oct 13, 2020 06:12 pm IST

Pace of economic recovery will depend on the implementation of various measures: CAG

term, one is hopeful that the measures taken in the short and medium term will be successful in preserving the life of companies and livelihood of persons in distress, he said.
Updated on Oct 02, 2020 08:50 am IST

Coronavirus could damage global growth in 2020: IMF

The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday
Updated on Feb 16, 2020 06:54 pm IST

IMF puts ‘lion’s share’ of blame on India for lower global growth projections

IMF Managing Director Kristalina Georgieva speaks at a news conference ahead of the World Economic Forum (WEF) in Davos, Switzerland January 20, 2020.
Updated on Jan 20, 2020 09:52 pm IST

India headed for a slow economic recovery: World Bank

The World Bank projections, if they turn out to be true, also mean that the government’s own assumptions about future growth in India may be exaggerated.
Updated on Jan 10, 2020 08:37 am IST

ADB lowers India’s growth forecast on eve of RBI policy

The ADB has cut India’s growth forecast to 7.2% for 2019-20 from an earlier estimate of 7.6%
Updated on Apr 04, 2019 10:08 am IST

India one of world’s fastest growing large economies: IMF

This report would be the first under Indian American economist Gita Gopinath, who is now IMF’s chief economist.
Updated on Mar 22, 2019 10:31 am IST

IMF projects a rebound in Indian economy, forecasts 7.3% growth in 2018

Pedestrians and shoppers walk past stores on a street in Varanasi, Uttar Pradesh. Advance estimates for 2014-15 released in February projected India’s GDP during the year to grow at 7.4%, making it the world’s fastest growing economy surpassing China.
Updated on Oct 09, 2018 11:14 am IST

IMF, World Bank optimistic about India’s growth rate

IMF kept its growth projections for India unchanged at 7.4% for 2018-19.
Updated on Apr 17, 2018 11:16 pm IST

IMF forecasts global growth at 3.9%, says will soften in the next couple of years

The IMF, in its latest World Economic Outlook, kept its 2018 and 2019 global growth forecasts unchanged at 3.9% for both years after upgrades in January.
Updated on Apr 17, 2018 07:09 pm IST

IMF says India to grow at 7.4%, cites recovery from demonitisation, GST

India’s high public debt and recent failure to achieve the budget’s deficit target call for continued fiscal consolidation into the medium term to further strengthen fiscal policy credibility, the IMF World Economic Outlook report said.
Updated on Apr 20, 2018 06:01 pm IST