IMF hints at 'sustained slowdown' in China, India in 2025
IMF says Emerging Asia’s strong growth is expected to subside, from 5.7% in 2023 to 5% in 2025. In China, the slowdown is projected to be more gradual
IMF says Emerging Asia’s strong growth is expected to subside, from 5.7% in 2023 to 5% in 2025. In China, the slowdown is projected to be more gradual
Private consumption growth is likely to taper off, as the post-pandemic pent-up demand diminishes and persistent high food price inflation is likely to constrain spending, says World Bank.
RBI Governor says MPC kept policy repo rate unchanged at 6.5% considering the total hike of 250 bps is still working through economy and keeping in mind inflation-growth dynamics
India to be one of the fastest-growing major economies, says World Bank
RBI experts argue the economy is "intrinsically better positioned" than others, thanks to demonstrated resilience and its reliance on domestic drivers.
The IMF data shows China, India, and the rest of Asia propelling a larger share of global economic growth in 2023
After IMF, Moody’s revises India’s growth forecast on higher inflation, high-interest rates and slowing global growth, which is expected to dampen economic momentum.
From tax collections to credit outflow, capex, sectoral growth, inflation, interest rates, rupee devaluation and external factors, there are challenges to sustaining growth.
There happens to be a confluence of shocks hitting the world at a time there are very divergent recoveries in the world, says IMF's Gita Gopinath.
Nirmala Sitharaman raised concerns on dampening global growth momentum.