Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | World Bank ups growth for this fiscal to 6.9 per cent    </title>
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This is the first upgrade of India&rsquo;s growth forecast by any international agency amid global turmoil

India&rsquo;s economy is expected to grow 6.9 per cent in the current fiscal year, the World Bank said in a report on Tuesday, citing..."/>
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This is the first upgrade of India&rsquo;s growth forecast by any international agency amid global turmoil

India&rsquo;s economy is expected to grow 6.9 per cent in the current fiscal year, the World Bank said in a report on Tuesday, citing..." />
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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>This is the first upgrade of India&rsquo;s growth forecast by any international agency amid global turmoil</em></p><p style="text-align:justify">India&rsquo;s economy is expected to grow 6.9 per cent in the current fiscal year, the World Bank said in a report on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country&rsquo;s growth.</p><p style="text-align:justify">The Bank had trimmed its growth forecast for India to 6.5 per cent in early October from a June forecast of 7.5 per cent. This marks the first agency to revise India&rsquo;s growth forecast upward.</p><p style="text-align:justify">It, however, cut FY24 growth to 6.6 per cent from 7 per cent earlier. The report also sees average retail inflation at 7.1 per cent this year.</p><p style="text-align:justify">In its India Development Update, the bank said the revision was because of higher resilience of the economy to global shocks and better than expected second-quarter numbers by India Inc..</p><p style="text-align:justify">India&rsquo;s economy grew at 6.3 per cent in the September quarter 2022-23 compared with 13.5 per cent in the preceding June quarter, mainly on account of contraction in output of the manufacturing and mining sectors.</p><p style="text-align:justify">This is the first upgrade of India&rsquo;s growth forecast by any international agency amid the global turmoil.</p><p style="text-align:justify">&ldquo;India&rsquo;s economy has been remarkably resilient to the deteriorating external environment, and strong macroeconomic fundamentals have placed it in good stead compared to other emerging market economies,&rdquo; World Bank&rsquo;s country director in India Auguste Tano Kouame told reporters here.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/business/world-bank-ups-growth-for-this-fiscal-to-6-9-per-cent/cid/1902364" title="https://www.telegraphindia.com/business/world-bank-ups-growth-for-this-fiscal-to-6-9-per-cent/cid/1902364">click here</a> to read more.</p>                                                           
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    <br><a href="https://www.telegraphindia.com/business/world-bank-ups-growth-for-this-fiscal-to-6-9-per-cent/cid/1902364" class="re" target="_blank">The Telegraph, 7 December, 2022, https://www.telegraphindia.com/business/world-bank-ups-growth-for-this-fiscal-to-6-9-per-cent/cid/1902364</a><div class="clear"></div>
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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>This is the first upgrade of India&rsquo;s growth forecast by any international agency amid global turmoil</em></p><p style="text-align:justify">India&rsquo;s economy is expected to grow 6.9 per cent in the current fiscal year, the World Bank said in a report on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country&rsquo;s growth.</p><p style="text-align:justify">The Bank had trimmed its growth forecast for India to 6.5 per cent in early October from a June forecast of 7.5 per cent. This marks the first agency to revise India&rsquo;s growth forecast upward.</p><p style="text-align:justify">It, however, cut FY24 growth to 6.6 per cent from 7 per cent earlier. The report also sees average retail inflation at 7.1 per cent this year.</p><p style="text-align:justify">In its India Development Update, the bank said the revision was because of higher resilience of the economy to global shocks and better than expected second-quarter numbers by India Inc..</p><p style="text-align:justify">India&rsquo;s economy grew at 6.3 per cent in the September quarter 2022-23 compared with 13.5 per cent in the preceding June quarter, mainly on account of contraction in output of the manufacturing and mining sectors.</p><p style="text-align:justify">This is the first upgrade of India&rsquo;s growth forecast by any international agency amid the global turmoil.</p><p style="text-align:justify">&ldquo;India&rsquo;s economy has been remarkably resilient to the deteriorating external environment, and strong macroeconomic fundamentals have placed it in good stead compared to other emerging market economies,&rdquo; World Bank&rsquo;s country director in India Auguste Tano Kouame told reporters here.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/business/world-bank-ups-growth-for-this-fiscal-to-6-9-per-cent/cid/1902364" title="https://www.telegraphindia.com/business/world-bank-ups-growth-for-this-fiscal-to-6-9-per-cent/cid/1902364">click here</a> to read more.</p>                                                           
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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>This is the first upgrade of India&rsquo;s growth forecast by any international agency amid global turmoil</em></p><p style="text-align:justify">India&rsquo;s economy is expected to grow 6.9 per cent in the current fiscal year, the World Bank said in a report on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country&rsquo;s growth.</p><p style="text-align:justify">The Bank had trimmed its growth forecast for India to 6.5 per cent in early October from a June forecast of 7.5 per cent. This marks the first agency to revise India&rsquo;s growth forecast upward.</p><p style="text-align:justify">It, however, cut FY24 growth to 6.6 per cent from 7 per cent earlier. The report also sees average retail inflation at 7.1 per cent this year.</p><p style="text-align:justify">In its India Development Update, the bank said the revision was because of higher resilience of the economy to global shocks and better than expected second-quarter numbers by India Inc..</p><p style="text-align:justify">India&rsquo;s economy grew at 6.3 per cent in the September quarter 2022-23 compared with 13.5 per cent in the preceding June quarter, mainly on account of contraction in output of the manufacturing and mining sectors.</p><p style="text-align:justify">This is the first upgrade of India&rsquo;s growth forecast by any international agency amid the global turmoil.</p><p style="text-align:justify">&ldquo;India&rsquo;s economy has been remarkably resilient to the deteriorating external environment, and strong macroeconomic fundamentals have placed it in good stead compared to other emerging market economies,&rdquo; World Bank&rsquo;s country director in India Auguste Tano Kouame told reporters here.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/business/world-bank-ups-growth-for-this-fiscal-to-6-9-per-cent/cid/1902364" title="https://www.telegraphindia.com/business/world-bank-ups-growth-for-this-fiscal-to-6-9-per-cent/cid/1902364">click here</a> to read more.</p>                                                           
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    <br><a href="https://www.telegraphindia.com/business/world-bank-ups-growth-for-this-fiscal-to-6-9-per-cent/cid/1902364" class="re" target="_blank">The Telegraph, 7 December, 2022, https://www.telegraphindia.com/business/world-bank-ups-growth-for-this-fiscal-to-6-9-per-cent/cid/1902364</a><div class="clear"></div>
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Home हिन्दी

World Bank ups growth for this fiscal to 6.9 per cent

Published on Dec 7, 2022   Modified on Dec 7, 2022

-The Telegraph This is the first upgrade of India’s growth forecast by any international agency amid global turmoil India’s economy is expected to grow 6.9 per cent in the current fiscal year, the World Bank said in a report on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country’s growth. The Bank had trimmed its growth forecast for India to 6.5 per cent in early October from a June forecast of 7.5 per cent. This marks the first agency to revise India’s growth forecast upward. It, however, cut FY24 growth to 6.6 per cent from 7 per cent earlier. The report also sees average retail inflation at 7.1 per cent this year. In its India Development Update, the bank said the revision was because of higher resilience of the economy to global shocks and better than expected second-quarter numbers by India Inc.. India’s economy grew at 6.3 per cent in the September quarter 2022-23 compared with 13.5 per cent in the preceding June quarter, mainly on account of contraction in output of the manufacturing and mining sectors. This is the first upgrade of India’s growth forecast by any international agency amid the global turmoil. “India’s economy has been remarkably resilient to the deteriorating external environment, and strong macroeconomic fundamentals have placed it in good stead compared to other emerging market economies,” World Bank’s country director in India Auguste Tano Kouame told reporters here. Please click here to read more.

The Telegraph, 7 December, 2022, https://www.telegraphindia.com/business/world-bank-ups-growth-for-this-fiscal-to-6-9-per-cent/cid/1902364

Tagged with: World Bank Growth Forecast Money Supply

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