#RBI Governor Sanjay Malhotra has revised India’s real GDP growth for the current fiscal to 6.8%, up from the earlier forecast of 6.5%, citing both external challenges and domestic reforms. Malhotra highlighted that ongoing tariff and trade policy uncertainties, prolonged #geopolitical tensions, and volatility in international financial markets pose downside risks to growth. However, structural reforms announced by the Prime Minister on 15th August, including streamlining #GST, are expected to m

UBS has joined a growing chorus of analysts downgrading their forecasts for China's economic growth. The bank has lowered its prediction for the country’s GDP growth in 2024, citing the ongoing real estate downturn and tight fiscal policy. Rahesha Sehgal decodes. #ChinaNews | WION