IMF Backs Modi Government's Economic Policies; Expects India To Rev Up Global Growth As China Falters
The IMF’s World Economic Outlook report, released on Tuesday, has not only raised India's growth forecast by 0.3 percentage points to 6.8 per cent for 2024-25 but also sees the country as a bright spot "supporting global growth over the medium term and spill over to other countries".
Apr 18, 2024, 08:33 AM IST
IMF Says Asia On Track To Again Deliver Two-Thirds To Global Growth In 2024
For 2023, IMF has estimated growth at 4.7 percent, compared to its 4.6 percent projection it had made in October.
Feb 02, 2024, 09:23 AM IST
DNA Exclusive: How China's population drop could pose economic challenges
In today's DNA, Zee News' Rohit Ranjan will talk about the significance of China's declining population and its effect on the country's economy.
Jan 18, 2023, 23:31 PM IST
China second-quarter GDP growth slows to 27-year low
China`s trading partners and financial markets are closely watching the health of the world`s second-largest economy as the Sino-U.S. trade war gets longer and costlier, fuelling worries of a global recession.
Jul 15, 2019, 12:12 PM IST
China's May industrial output growth cools to 17-year low as trade war bites
Industrial output grew 5.0 percent in May from a year earlier, data from the National Bureau of Statistics showed on Friday, missing analysts` expectations of 5.5% and well below April`s 5.4%. It was the weakest reading since early 2002.
Jun 14, 2019, 16:13 PM IST
China factory activity rises to 5-year high
The official manufacturing purchasing managers' index rose to 52.4 in September, up from 51.7 in the previous month and the highest level since April 2012.
Sep 30, 2017, 09:52 AM IST
S&P says downgraded China as credit growth still too fast
China`s finance ministry said the downgrade was "a wrong decision" that ignored the economic fundamentals and development potential of the world`s second-largest economy.
Sep 22, 2017, 16:27 PM IST
S&P downgrades China, says rising debt is stoking economic, financial risks
S&P had said in June there was a "real" chance of a downgrade and a decision would be made based on whether China is able to move away from a credit-driven growth strategy. The demotion follows a similar move by Moody`s Investors Service in May.
Sep 21, 2017, 15:10 PM IST
China investment growth slows to near 18-year low
Factory output also disappointed, rising 6.0 percent in August from a year earlier, the weakest pace in nine months, statistics bureau data showed.
Sep 14, 2017, 11:25 AM IST
China export growth slows in August but imports pick up
The figures follow a run of broadly positive readings in recent months, which have provided some optimism in the world`s number two economy and key driver of global growth.
Sep 08, 2017, 15:35 PM IST
'China's economy to remain strongest engine for growth'
China on Thursday said its economy is expected to remain the "strongest engine" for world economic growth this year despite the slowdown.
Mar 02, 2017, 19:02 PM IST
China's GDP growth slows to 26-year low of 6.7%
China`s economy grew 6.7 percent year on year in 2016, the slowest pace of growth in 26 years, but well within the government`s target range.
Jan 20, 2017, 09:03 AM IST
Growth in China's factories, services slows in December - official PMI
China`s manufacturing sector expanded for a fifth month in December, but growth slowed a touch more than expected in a sign that government measures to rein in soaring asset prices are starting to have a knock-on effect on the broader economy.
Jan 02, 2017, 12:18 PM IST
China's Q3 GDP growth rate better than expected at 6.7%(YoY), Asian Market rises up
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Oct 19, 2016, 14:57 PM IST
China Q3 GDP grows 6.7%; increased government spending, property boom offset weak exports
China`s economy grew 6.7 percent in the third quarter from a year earlier, steady from the previous quarter and in line with expectations, as increased government spending and a property boom offset stubbornly weak exports
Oct 19, 2016, 10:45 AM IST
China service sector activity jumps to 11-month high
Activity in China`s services sector rose to an 11-month high in June, a private survey showed on Tuesday, diverging from struggling manufacturing in a trend that if sustainable would indicate Beijing is making progress in rebalancing the economy.
Jul 05, 2016, 13:47 PM IST
India's growth spillover unlikely outside South Asia: IMF
Even as India is now the fastest growing emerging economy in the world, its impact is unlikely to be felt beyond South Asia, senior IMF officials said.
Apr 15, 2016, 10:08 AM IST
China exports rise for first time in 9 months
Chinese exports surged in March, the first gain in nine months and the latest positive data out of the world's number two economy, but analysts warned Wednesday's headline figure masked ongoing weakness in overseas demand.
Apr 13, 2016, 15:50 PM IST
India to notch up to 7.5% growth in 2016-17: IMF
Driven by private consumption and increased industrial activity, India's growth is projected to notch up to 7.5 percent in 2016?17, overtaking China's GDP by more than 1 percent, the IMF said on Tuesday.
Apr 12, 2016, 20:38 PM IST
China's industrial profits return to growth
Profits of China`s major industrial firms rose 4.8 percent year on year in the first two months of 2016, reversing the downward trend of last year, official data showed on Sunday.
Mar 27, 2016, 10:50 AM IST
