New Delhi, Jan 7 (IANS) The sharp decline in Pakistan’s exports and the damage caused to the agricultural sector due to the floods are expected to pull down the country’s growth rate to below the IMF’s estimate, according to an article in the Pakistani media.The article in the Business Recorder by eminent Pakistani economist Hafiz Pasha points out that the country’s exports have plunged by as much as 14.5 per cent in November 2025 and by 6.2 per cent in the first five months. In particul…
Latest Bank Credit News & Updates
New Delhi, Jan 6 (IANS) The growth of India’s economy will be domestically driven by consumption and credit in FY27, with real GDP to rise about 7.2 per cent and nominal GDP improving by 11 per cent, a report said on Tuesday.The report from SBI Mutual Fund stated that bank credit growth is projected at 13-14 per cent in FY27. Bank credit rose from 9 per cent in May to 11.4 per cent by November 2025, with aggregate credit likely to grow by 10.5-11 per cent in FY26.Household credit is expected t…