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IMF cites 'downward revision for India' to trim global growth forecast

International Monetary Fund revised its global growth outlook. IMF cut India's growth forecast for 2019-20 to 4.8% from 6.1%. IMF cited India's numbers for trimming global growth in 2019 & 2020 by 0.1%.

21 Jan 2020
News

Twenty countries, including India, to dominate global growth in 2024

Weaker global growth, expected to fall to 3% this year and the slowest since the global financial crisis, will affect 90% of the world: IMFThe US, while still expected to contribute a sizable portion to world growth, is projected to fall to third place, after India

1 min read19 Oct 2019
News

IMF chief Kristalina Georgieva calls for reversing tariffs threatening global growth

The global economic outlook remains precarious as trade conflicts, policy uncertainty, geopolitical threats undermine confidence, investment and growth, said IMF chiefTrade disputes could spill over to monetary, exchange rate, or financial sector policies, threatening global financial stability and jeopardizing economic gains, Georgieva said

1 min read17 Oct 2019
Videos

Is Indian economy headed towards recession?

As Indian macro is battling with tightening credit supply, weakening business sentiments, weaker investment cycle, and slowing global growth Mint's Nasrin Sultana speaks to Madan Sabnavis, Chief Economist, Care Ratings, to discuss if India is headed towards recession.

6 Aug 2019
Markets

The repercussions of slowing global growth on business optimism

JP Morgan’s Global Composite Purchasing Managers' Index survey showed that business optimism dipped to a near 3-year low in AprilThe future output sub-index, which gauges outlook for the upcoming 12 months, fell to 61 in April from 61.3 in March

1 min read9 May 2019
News

OECD cuts global outlook again and warns worse may be ahead

Weakness in the euro area and China are proving more persistent, trade growth has slowed sharply and uncertainty over Brexit has continued The OECD expects expansion to slow to 6% next year from 6.2% in 2019

2 min read6 Mar 2019
Market

HSBC’s Joseph Little: Worries of recession, weaker growth misplaced

Theyear 2018 was difficult for global equities and bonds as there were negative returns across asset classes, says Joseph Little, global chief strategist at HSBC Global Asset Management

3 min read15 Jan 2019
Politics

World Bank cuts global growth outlook as trade expansion falters

World Bank expects global growth of 2.9% this year, down from 3% in 2018 and a reduction of 0.1 percentage point from its forecast in June. It also lowered its projection for growth in emerging markets by 0.5 point to 4.2%

2 min read9 Jan 2019
Market

US Fed raises interest rates, sees ‘some further’ hikes ahead

The rate hike, the fourth of 2018, lifted the target range for the Fed's benchmark overnight lending rate by a quarter of a percentage point to a range of 2.25% to 2.50%

2 min read20 Dec 2018
Market

Worries about slowdown in global economy are mounting

According to a BofA-ML survey, 53% of global fund managers expect global economic growth to weaken over the next 12 months

1 min read19 Dec 2018
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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