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Moody's maintains stable outlook for India

The stable outlook incorporates the likelihood that India's fiscal metrics will continue to gradually improve amid robust growth prospects compared with peers.

A Moody's sign is displayed on 7 World Trade Center, the company's corporate headquarters in New York.(Reuters)
Published on Apr 12, 2024 11:12 AM IST

RBI Monetary Policy meet: 5 factors that may impact central bank's rate decision

RBI MPC's decision on repo rate may be impacted by a number of factors including inflation, economic growth and global macro environment.

A security official walks past an emblem of the Reserve Bank of India at the RBI headquarters, in Mumbai. The Monetary Policy Committee panel is led by RBI governor Shaktikanta Das and consists of a total of six members.
Updated on Apr 05, 2024 07:49 AM IST

Over 1 crore new people at risk of poverty in Pakistan, says World Bank

The World Bank’s biannual Pakistan Development Outlook report indicated that the country is set to miss almost all major macroeconomic targets.

The World Bank has painted a grim economic picture of Pakistan in its biannual report, cautioning that over 10 million more people are at risk of descending into poverty in the cash-strapped country.(AFP)
Published on Apr 03, 2024 04:55 PM IST

Pakistan's economic growth could be below 3% for next 2 years, World Bank says

Pakistan's economy is set to grow 1.8% in the current fiscal year ending June 30 and will expand to 2.3% in the following year and 2.7% in 2026.

In a Pakistan development update issued the same day, the World Bank said “policy constraints to sustainable economic growth remain unaddressed.”
Updated on Apr 03, 2024 12:04 AM IST
Bloomberg |

China's factory activity expands at fastest clip in 13 months

Caixin/S&P Global manufacturing PMI rose to 51.1 in March from 50.9 the previous month, above analysts' forecasts of 51.0 and marking an expansion.

A worker unloads bicycles for a bike-share service in Beijing, China.(AP)
Published on Apr 01, 2024 07:23 AM IST
Reuters |
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