Gross Domestic Product (GDP)

World Bank’s Latest Report on Global Economic Prospects

The World Bank has released its latest report on Global Economic Prospects, outlining a slowdown in global growth due to a variety of factors including elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine. ..

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World Bank: India’s GDP Forecast- Update

For the fiscal year 2022-23, India’s GDP forecast has been slashed by the World Bank from 8.7 percent to 8 percent. The reason given for the change in forecast is due to rising inflation and worsening global supply caused due ..

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Study: Impact of Humid Heat on Labour

A Duke University study says that the increase in global temperature will affect labour productivity. The increase in temperature will lead to global economic losses of 1.6 trillion USD. Key Findings of the study In the twelve hour work day, ..

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NSO Estimates on FY22 GDP Growth

According to first advance estimates of National Statistical Office (NSO), India’s gross domestic product (GDP) is estimated to grow 9.2% in the financial year 2021-22. What is supporting the growth? Growth in GDP is supported by an uptick in the ..

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Moody’s projection of India’s economic growth

On November 25, 2021, Moody’s Investors Service highlight that, India’s rising vaccination rate, high public spending and low interest rates are driving the positive outlook for corporate sector and non-financial companies. Highlights Moody’s now projects that, India’s economic growth will ..

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IMF’s World Economic Outlook- Highlights

In its World Economic Outlook, which was published on October 12, 2021, International Monetary Fund (IMF) improved its growth forecasts of the Latin American and Caribbean economy in the year 2021. Highlights As per IMF report, a recovery of 6.3% ..

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