GDP growth
- Middle East
Saudi Arabia’s economy grows by 8.8% in third quarter of 2022
Riyadh: The Saudi gross domestic product (GDP) grew by 8.8 per cent in the third quarter (Q3) of 2022 compared to the same period in the 2021. This is mainly due to…
- Business
World Bank upgrades India’s GDP growth to 6.9% for current fiscal
New Delhi: The World Bank on Tuesday expressed optimism that India’s real GDP would grow at 6.9 per cent in the current fiscal, an improvement from its previous projection of 6.5 per…
- Business
SBI Ecowrap revises annual GDP growth for FY23 to 6.8%
Mumbai: A report by the SBI Ecowrap has now revised its annual GDP growth for FY23 to 6.8 percent, a large part of which is a statistical adjustment with growth momentum likely…
- Business
GDP growth projected to spike to four-quarter high 13.0% in Q1 FY2023: ICRA
Mumbai: GDP growth is expected to expand in double digits at 13 per cent in Q1FY23 due to low base and robust recovery in the contact-intensive sectors following the widening vaccination coverage,…
- Middle East
Israel announces biggest rate hike in 2 decades
Tel Aviv: The Bank of Israel has announced its decision to raise its basic interest rate by 0.75 percentage points from 1.25 percent to 2 per cent, the biggest rate hike in…
- Middle East
Saudi Arabia launches aircraft leasing company ‘AviLease’
Riyadh: Saudi Arabia announced the founding of an aircraft leasing company named AviLease, as a way to diversify the kingdom’s oil-reliant economy. Sponsored by the Public Investment Fund (PIF), a sovereign wealth…