Page 4 - Economy Growth Forecast

Jordan's economy expected to grow by 2.7% in 2023: Finance minister

Jordan's Finance Minister Mohammad al-Ississ said the country's economy is expected to grow by 2.7 per cent in 2023

Worsening global outlook: ADB lowers growth forecast for developing Asia

Asian Development Bank has lowered its economic growth forecasts for developing Asia and the Pacific amid a worsened global outlook

S&P Global Ratings lowers India's FY23 GDP growth forecast to 7%

Says domestic demand recovery will support growth

Global economic growth to be as weak next year as 2009, forecasts IIF

The world economy will be as weak next year as it was in 2009 after the financial crisis as the conflict in Ukraine risks becoming a "forever war," the Institute of International Finance said

GDP growth may have beaten MPC estimate of 6.3% in Q2, say most economists

The GDP numbers for the second quarter of the current financial year are scheduled to be out by this month end

Goldman sees India's growth slowing in 2023 as post-pandemic benefits fade

Gross domestic product may expand by 5.9% in calendar year 2023 from an estimated 6.9% this year

Indian economy's slow-but-steady activity awaits festive season boost

India's economy showed signs of slowing-but-steady growth last month, with businesses holding on to optimism that domestic demand will revive as the peak shopping season approaches

Capex on new projects declines further in Q2 amid higher borrowing costs

Higher global borrowing costs are expected to affect growth prospects

OECD, S&P keep India's economic growth forecasts unchanged for FY23

S&P noted that India's domestic recovery from Covid-19 would continue to support growth in FY23

Growth on strong footing, further tightening needed: RBI report

On the exchange rate, the report said the rupee was holding its poise, with adequate supplies of dollars

Can India's GDP grow 7% annually over 25 yrs? Data suggests it's tough

India has seen GDP growth of 7% or more for five straight years only once in the past 30 years

SBI slashes India's FY23 growth forecast to 6.8% on way-below Q1 numbers

Chief economist at State Bank of India has revised downward the full-year growth forecast to a low 6.8 per cent from 7.5 per cent earlier for FY2023, citing "the way below GDP numbers for the first quarter". The National Statistical Office on Wednesday released the Q1 growth numbers which showed a consensus growth of 13.5 per cent, pulled down by the poor show of the manufacturing sector, which reported a paltry 4.8 per cent expansion in the first three months of FY23, negating the robust show by the services sector. Consensus forecast was 15-16.7 per cent of which the RBI made the highest forecast of 16.7 per cent. SBI group chief economic adviser Soumya Kanti Ghosh had also forecast a 15.7 per cent growth for the first quarter. The economy from the gross value added (GVA) also fared much lower than forecast, logging in only 12.7 per cent. At 13.5 per cent, real GDP growth has declined by 9.6 per cent sequentially, but the seasonally adjusted real GDP growth series shows pick-up

ADB slashes India growth forecast to 7.2% for FY23, sees higher inflation

Private investment will soften due to higher cost of borrowing for firms, says development bank's outlook

RBI trims FY23 growth forecast to 7.2% amid geopolitical uncertainties

The RBI on Friday kept the benchmark interest rate, repo -- at which it lends short term money to banks -- unchanged at 4%

Indian economy likely to grow 7-7.5% in FY23, says EAC-PM

The council said contact intensive sectors and construction should recover in 2022-23

Pandemic resurgence slows recovery in Asia: IMF's Asia-Pacific Regional Economic Outlook

The growth projection for the Asia and Pacific region downgraded by more than 1 percentage point from April 2021 forecasts to 6.5%

RBI monetary policy: Report pegs FY23's economic growth at 7.8%

Survey shows inflation to soften further

RBI retains real GDP growth projection at 9.5% for 2021-22 as Covid-19 ebbs

The RBI on Friday retained the real GDP growth projection at 9.5 per cent for 2021-22 as domestic economic activity has started normalising with the ebbing of the second wave of the virus

Top headlines: India sticks to growth forecast; Kerala struggles with Covid

Business Standard brings to you the top headlines on Friday

ADB lowers India's economic growth forecast for this fiscal to 10%

Asian Development Bank has downgraded India's economic growth forecast for current financial year to 10 per cent on Tuesday, from 11 per cent projected in April, on account of coronavirus pandemic