The U.N.’s mid-year update of its World Economic Situation and Prospects 2025 report has projected global growth to slow to 2.4% in calendar year 2025. File. | Photo Credit: Reuters The United Nations has lowered its growth projections for India for this year and the next, to 6.3% and 6.4%, respectively. These are both 0.3 […]
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S&P projected inflation to average 6.8% in current fiscal year and RBI’s benchmark interest rate to rise to 6.25% by March 2023. S&P Global Ratings on November 28 cut India’s economic growth forecast for current fiscal year to 7%, but said the domestic demand-led economy will be less impacted by the global slowdown. S&P had in September […]
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U.S. Treasury Secretary Yellen to visit India in November Finance Minister Nirmala Sitharaman held bilateral talks with her American counterpart, Treasury Secretary Janet Yellen, during which Ms. Yellen announced that she would visit India in November. “I am glad to announce today that in November ahead of the G20 meetings, I will take my first […]
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