India is projected to retain the tag of fastest growing economy in the world with the International Monetary Fund (IMF) forecasting 8.5 percent growth for the year 2022. In its latest World Economic Outlook report released on Tuesday, the IMF said that the Indian economy is expected to grow by 9.5 p... Read more...
Construction will be an engine of global economic growth in the decade to 2030, with output expected to be 35% higher than in the ten years to 2020, according to a new global forecast. Pent-up household savings, pandemic stimulus programs and population growth will combine to spur average annual ... Read more...
Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Government of India, Shri Piyush Goyal shares his sentiments while inaugurating the India Pavilion at Expo 2020 Dubai. At a time when the whole world is coming together to recover from the pand... Read more...
Ratings agency ICRA has revised up its 2021-22 real GDP growth estimate for India to 9 percent from the earlier 8.5 percent. A ramp-up in COVID-19 vaccination, healthy advance estimates of kharif (summer) crop and faster government spending were the factors which led to the revision. It can be no... Read more...
India is expected to post strong economic growth in the coming quarters, even as inflation, led by food prices, is likely to remain elevated, S&P Global Ratings said. The economy is expected to clock 9.5 per cent growth in the current fiscal year, followed by 7 per cent expansion in the next yea... Read more...
WITH RISING PACE OF VACCINATION ACROSS THE GLOBE, THE WORLD GDP IS PROJECTED TO REBOUND TO 5.5% IN 2021. INDIA IS WIDELY EXPECTED TO LEAD GLOBAL RECOVERY AND REAL ESTATE WILL PLAY A SIGNIFICANT ROLE IN THE DEVELOPMENT OF INDIAN ECONOMY. By: Sapna Srivastava Over the past year, the real estate... Read more...
Ramesh Nair, CEO, India & Managing Director, Market Development, Asia at Colliers shares his perspective on April-June quarter (Q1) GDP and impact on real estate. India’s GDP in the April-June 2021 quarter rose 20.1%, led by a low base effect last year due to the pandemic-led national lockd... Read more...
Indian financial growth likely touched a record excessive in the quarter by way of June, reflecting a very weak base final yr and a rebound in client spending, a Reuters poll discovered. The August 20-25 Reuters poll of 41 economists confirmed gross home product rose 20.0% in the three-month inte... Read more...
India Ratings cut its FY22 gross domestic product growth estimate for India to 9.4 percent from 9.6 percent, saying while there has been a strong recovery after the second Covid-19 wave, the aim of vaccinating the entire adult population by year-end would not be met. "Going by the pace of vaccina... Read more...
The nation’s trade minister said amid strong performance and continued resilience in economic activity that triggered upward revisions by some international institutions. “Those who previously lowered Turkey’s growth rate forecast have now increased it again to 7.9%,” Mehmet Muş told a meet... Read more...