seach-icon
  • user-img

    Sonal Shridhar Shinde in News

    23-Feb-2023 09:58 AM


    thumbnail

    Asia To Drive Growth Of Global Economy In 2023: S&P

    China, India, and Southeast Asia will be growth engines for the world economy, the report said.
    Real GDP growth in China is forecast to rebound from 3.0 percent in 2022 to 5.2 percent in 2023 as domestic demand strengthens through the course of 2023.
    The non-oil economy accounts for 75% of the UAE economy."
    On the contrary, significant monetary policy tightening by the US Federal Reserve in 2022 and early 2023, the report said, will result in a growth slowdown in the country in 2023.
    Latest, the US Federal Reserve approved a quarter-point interest rate hike in January 31-February 1 meeting, to contain inflation.
    Source: NDTV