Good news! World Bank raises India’s GDP growth forecast to 7% for FY25

The World Bank has raised its forecast for India's economic growth this fiscal year to 7%, up from 6.6%. India continues to lead as the fastest-growin ... Read More

India’s Economy to Remain Strong Despite Subdued Global Growth

The Indian economy continues to grow at a healthy pace despite challenging global conditions, according to World Bank’s latest India Development Update: India’s Trade Opportunities in a Changing ... Read More

Russia Raises Main Economic Forecasts, Sees Higher Year-End Inflation

Russia now expects to record two years of strong economic growth, improving on a 3.6% expansion in 2023 and following a 1.2% contraction in 2022 as Moscow grappled with a barrage of Western sanctions ... Read More

Wall Street’s China Growth Pessimism Spreads as BofA Cuts View

A vast majority of global banks now expect China’s economy to grow less than 5% this year, with Bank of America Corp. the latest to slash its forecast and joining the likes of Goldman Sachs Group Inc. Read More

Analysis-Darkening Global Outlook, Central Bank Pivots Signal More Turbulence

Even as the focus of U.S. and European central bankers shifts from high inflation to softening job markets, the Bank of Japan reaffirmed its resolve to wean its economy off decades of monetary support ... Read More

World Bank pegs India’s growth at 7% in FY25

This is an upgrade from the 6.6% estimated earlier and the multilateral agency joins other agencies in raising India’s growth forecast after a strong 8.2% growth ... contributing positively. Good news ... Read More

RBC's US global asset management head sees growth in emerging markets, alternative assets

TORONTO, Sept 6 (Reuters) - Royal Bank of Canada (RY.TO), opens new tab is betting on alternative investments and emerging markets debt and equity to boost its U.S. global ... the news and media ... Read More

Key US economic data raises global concerns

Worries about an imminent recession in the US have led to stock price fluctuations in major stock markets around the world ... global financial stability, putting pressure on the economic growth ... Read More

World News

As the first phase of vaccinations ended, an Israeli strike hit a hospital courtyard in central Gaza where people were sheltering, Palestinian news media reported. For many trans women living on t ... Read More

US Jobs Data Highlights: Report raises the odds of a 50 basis point rate cut on Sept 18

Traders brace for the non-farm payroll report, which could influence the size of a Federal Reserve rate cut later this month. Last month’s weak payroll data triggered a global equity sell-off, ... Read More

Camping World proudly raises huge American flag that local officials ordered taken down: ‘Symbolism about how we feel about this country’

Marcus Lemonis, CEO of Camping World and star of CNBC’s “The Profit,” found out about the ongoing issue and ordered the dealership on Monday to raise the ... who work for us, and a lot ... Read More

Brazil's central bank sees stronger growth, higher FX since latest policy meeting

Brazil's central bank's director of economic policy said on Thursday that since their latest interest rate-setting meeting, policymakers have observed stronger economic growth in the country and the ... Read More