RBI Raises Indias GDP Growth Forecast to 7.6% for FY 2026

[ad_1] New Delhi, April 8: The Reserve Bank of India (RBI) has revised its economic growth forecast for the country, increasing the real GDP growth estimate for the fiscal year 2026 from 7.4% to 7.6%. This announcement was made on Wednesday amid concerns regarding geopolitical tensions that pose risks to the economy. According to the […]

Saudi Arabia’s oil giant Saudi Aramco crosses 70% localisation milestone, $280 billion boost to GDP: Global firms rush in as iktva creates over 200,000 jobs

[ad_1] Saudi Aramco Achieves 70% Local Content Milestone in Supply Chain, Boosting Saudi Vision 2030 Saudi Aramco, the world’s largest integrated energy and chemicals company, has announced a major breakthrough in its In-Kingdom Total Value Add (iktva) programme by achieving a 70% local content benchmark in its supply chain, a milestone that underscores the Kingdom’s […]

Saudi Arabia’s AMAALA Triple Bay set to create 50,000 jobs, contribute $3 billion to GDP | World News

[ad_1] AMAALA Triple Bay opens with six resorts, yacht club, Wellness Route/Image: Red Sea Global (RSG) Saudi Arabia is set to redefine luxury, wellness, and economic impact with the opening of AMAALA Triple Bay. Developed by Red Sea Global, the ultra-luxury coastal destination on the Red Sea is projected to create 50,000 jobs and inject […]

GCC GDP 2024: Real and nominal figures differ, but both show non-oil sectors make up over 70% | World News

[ad_1] In 2024, non-oil sectors made up 77.9% of nominal GDP and 70.6% of real GDP across the GCC/ Image: FIle The Gulf Cooperation Council (GCC) economies showed steady growth in 2024, with rising contributions from non-oil sectors offsetting a decline in oil output. Real GDP rose 3.3% in the fourth quarter, backed by strong […]

Singapore downgrades GDP growth forecast to 0-2 pc | Business

[ad_1] Singapore has lowered its 2025 GDP growth forecast to 0-2% due to the anticipated impact of US tariffs on global trade. The Monetary Authority of Singapore has eased monetary policy in response to economic concerns stemming from the US-China trade war. The trade war is expected to negatively affect global trade, economic growth, and […]