GDP growth
- 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…
