IMF Downgrades India’s GDP Contraction Forecast to 10.3%

India’s per capita GDP is set to slip below Bangladesh’s in 2020. IMF downgrades India’s GDP…

China’s GDP Grows by 3.2% Post-COVID-19 Contraction

China's economy witnessed a contraction of 6.8% in the first quarter due to the pandemic. Now,…

USD/INR: Rupee Gains Against US Dollar

The Rupee strengthened against the US Dollar to 75.56 recovering losses. Crude price climbs with gold…

IMF Set to Further Downgrade India’s Growth Forecast – Gita Gopinath

Gita Gopinath, Chief Economist,at IMF suggested downgrade of India's growth forecast. Policy changes required to achieve…

India’s GDP Forecast cut to 5.1% from 6.5% for FY 2019-20 by Asian Development Bank

India’s GDP forecast downgraded to 5.1% from 6.5% by Asian Development Bank. Reasons included Rural distress,…

Need for Credibility on Fiscal Data Released by Indian Government: IMF

Anne-Marie Gulde of IMF stated Indian Government needs to release accurate fiscal data with credibility and…

Fitch Cuts India’s GDP Growth Projection to 5.5% for FY 2019-20

Fitch Ratings Inc, snips India’s GDP growth estimate to 5.5%. However, they assured to rise to…