IMF and ADB are hopeful of India but predict a synchronised slowdown by 70% of global economy

The performance of Indian economy in terms of standard economic parameters like GDP, consumption, investment, per capita income, inflation, current account deficit and fiscal deficit can be termed as reasonably good specifically while comparing with the result sheets of other economies, advanced or developing. There are, however, concerns on the sustainability of these indices in […]

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China’s growth to moderate in 2019 and 2020 amid dimmer global outlook — ADB

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Economic growth in China is expected to moderate in the next two years as global growth slows and trade tensions with the United States (US) weigh on trade and investment, according to the Asian Development Bank (ADB). In its Asian Development Outlook (ADO) 2019, ADB projects gross domestic product (GDP) growth for the world’s second largest […]

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Domestic demand to lift India’s economic growth in 2019 and 2020 — ADB

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Recent policy measures by the government to improve the investment climate and boost private consumption and investment will help India to lift economic growth in the next two fiscal years, according to a new report from the Asian Development Bank (ADB). In its Asian Development Outlook (ADO) 2019, ADB projects gross domestic product (GDP) growth in […]

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Slower global demand pulls down developing Asia’s growth prospects — ADB

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Growth remains strong across most of developing Asia but is set to moderate this year and next year against the backdrop of slowing global demand and persistent trade tensions, according to a new Asian Development Bank (ADB) report. The latest Asian Development Outlook (ADO) 2019, ADB’s flagship economic publication, forecasts that growth in the region will soften […]

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India’s economic growth to hit 7.6% in FY2019: ADB

India is expected to grow at a healthy 7.3 per cent in fiscal year (FY) 2018 helped by improved domestic demand, steady revival in industrial growth and reduced drag from net exports, according to a recently released Asian Development Bank (ADB) report. In an update to its flagship annual economic publication, Asian Development Outlook (ADO) […]

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Growth Holding Up in Asia and the Pacific, Trade Tensions Pose Risks – ADB

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Growth remains stable across most of developing Asia due to robust domestic demand, buoyant oil and gas prices, and a consolidation of India’s growth rebound, but escalating trade tensions will test the region’s resilience, a new Asian Development Bank (ADB) report said. In an update of its flagship annual economic publication, Asian Development Outlook (ADO) 2018, ADB maintained […]

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Asian growth steady despite rising trade tensions; India leads the way – ADB

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Growth in Asia and the Pacific’s developing economies for 2018 and 2019 will remain solid as growth continues apace across the region, despite rising tensions between the United States and its trading partners, says a new Asian Development Bank (ADB) report. In a supplement to its Asian Development Outlook (ADO) 2018 report released last April, ADB forecasts 2018 growth […]

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Reform measures and GST benefits to drive India’s growth momentum — ADB

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India will reverse 2 years of declining growth as the economy is set to expand by 7.3% in fiscal year (FY) 2018 and 7.6% in FY2019, aided by various growth-oriented policy measures, a new Asian Development Bank (ADB) report said. The Bank said in its latest Asian Development Outlook (ADO) 2018 report that the dip in growth […]

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Exports, domestic demand, deliver solid growth in Asia and the Pacific, says ADB

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Growth picked up across most of the economies in developing Asia, supported by continued high demand for exports and rapidly expanding domestic demand, a new Asian Development Bank (ADB) report said. In its new Asian Development Outlook (ADO) 2018, ADB forecasts gross domestic product (GDP) growth in Asia and the Pacific to reach 6.0% in 2018 […]

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Trade lifting developing Asia’s growth as ADB upgrades GDP forecast; India’s forecast lowered

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Economic expansion in developing Asia will accelerate to 6% in 2017, as stronger than expected exports and domestic consumption fuel growth, the Asian Development Bank (ADB) has forecast. Excluding Asia’s newly industrialised economies, growth is now expected at 6.5% this year, it said in a new report. In a supplement to its Asian Development Outlook Update 2017 report, ADB […]

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