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Kenya could lose up to 7.25% of GDP to climate change, World Bank says

by AIP Online Bureau | Dec 2, 2023 | Climate, Environment, Renewable Energy, Data, Disaster & Management, Eco/Invest/Demography

Kenya could lose up to 7.25% of economic output by 2050 if it does not take strong action to adapt to climate change and mitigate its effects, the World Bank said on Friday. Like other so-called frontier economies, the East African nation has been suffering from the...
Indian economy tops expectations, grows by 7.6% in Q2

Indian economy tops expectations, grows by 7.6% in Q2

by AIP Online Bureau | Dec 1, 2023 | Eco/Invest/Demography, Indian News, Policy

”Real GDP growth clocked 7.6 per cent in Q2 FY 2023. The real GDP growth has surprised on the upside by not only being higher than the median projections of 6.8 per cent by professional forecasters but also their highest estimate of 7.4 per cent,” the...
IMF raises India’s GDP growth forecast marginally to 6.3 pc for FY24

IMF raises India’s GDP growth forecast marginally to 6.3 pc for FY24

by AIP Online Bureau | Oct 10, 2023 | Eco/Invest/Demography, Indian News, Policy

‘Growth in India is projected to remain strong, at 6.3 per cent in both 2023 and 2024, with an upward revision of 0.2 percentage point for 2023, reflecting stronger-than-expected consumption during April-June,” the ‘World Economic Outlook’...
RBI retains repo rate; GDP growth at 6.5%, inflation at 5.4%

RBI retains repo rate; GDP growth at 6.5%, inflation at 5.4%

by AIP Online Bureau | Oct 6, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

Shaktikanta Das,Governor,RBI Das said taking into account the economic factors the MPC has predicted GDP growth at 6.5 per cent in FY24 As regards the inflation rate, the MPC forecast was 5.4 per cent for 2023-24 taking into account the various domestic issues...

GDP grows at 7.8 pc in Apr-Jun, India remains fastest growing economy

by AIP Online Bureau | Aug 31, 2023 | Eco/Invest/Demography, Indian News, Policy

The expansion in ‘financial, real estate and professional services’ GVA was 12.2 per cent, up from 8.5 per cent in the year-ago quarter New Delhi: India recorded an economic growth rate of 7.8 per cent in the April-June quarter of 2023-24 and remained the fastest...
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