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Latest Articles in global economy
India Is Being Called Bright Spot Of Global Economy: PM Modi
“The need of the hour is that the benefits of the strength in India's banking system should reach maximum people," PM Modi says
Read MoreIndian Economy To Contribute More Than 15% Of Global Growth: IMF MD
Georgieva described India's strong economic performance as a “bright spot,” adding that, in addition to being the global growth engine, India is uniquely positioned to bring countries together
Read MoreIndia, China To Contribute More Than Half Of Global Growth In 2023: IMF
As global headwinds have eased and food and oil prices have fallen, Asia is expected to grow at 4.7 per cent in 2023 and 4.5 per cent in 2024, according to the report
Read MoreBudget 2023-24: Signalling Growth With Macroeconomic Stability
The IMF has estimated the global growth for 2013 at 2.9 per cent and at least a third of the global economy is facing recession. The pressure of imported inflation combined with the withdrawals from foreign institutional investors have put greater pressure on exchange rates and prices
Read MoreIndia's Growth Set To Decline To 6.1% In 2023 From 6.8% In 2022: IMF
For emerging markets and developing economies, growth is projected to rise modestly, from 3.9 per cent in 2022 to 4.0 per cent in 2023 and 4.2 per cent in 2024
Read MoreGlobal Growth Likely To Fall From 3.4% In 2022 To 2.9% In 2023: IMF
Global inflation is expected to fall from 8.8 per cent in 2022 to 6.6 per cent in 2023 and 4.3 per cent in 2024, still above pre-pandemic (2017–19) levels of about 3.5 per cent
Read MoreGlobal Economy Likely To Drop To 1.9% In 2023: UN
The report predicts that in 2023, the global economic growth will drop to 1.9 per cent which is lower from a calculated 3 per cent in last year
Read MoreIndia-dedicated Funds See Inflows Of $356 Mn In Dec: Report
In December 2022, listed funds witnessed outflows of USD 1.1 billion, led by non-ETF outflows of USD 1.7 billion, which were offset by ETF inflows of USD 547 million
Read MoreGlobal Growth Likely To Decelerate Sharply To 1.7% In 2023: World Bank
The combination of slow growth, tightening financial conditions and heavy indebtedness is likely to weaken investment and trigger corporate defaults, as per the World Bank
Read MoreGlobal Economic Growth Will Decline Over Next 12 Months, Say 73% CEOs In PwC Survey
The outlook in the report has been most pessimistic regarding global economic growth since PwC began asking this question 12 years ago, PwC says
Read MoreIndia Globally Recognised As Innovative, Entrepreneurial Economy: Amitabh Kant
"We had 471 startups then. Now, we have 88,000 plus startups and the third-largest startup ecosystem in the world. Truly a transformative initiative," says Amitabh Kant
Read MoreFragmentation Could Cost Global Economy Up To 7% Of GDP: IMF
The IMF said even limited fragmentation could shave 0.2 per cent off of global GDP
Read MoreAny New Adverse Development Could Push Global Economy Into Recession: World Bank
The development lender said it expected global GDP growth of 1.7 per cent in 2023, the slowest pace outside the 2009 and 2020 recessions since 1993
Read MoreGlobal Economy To Face Challenges In 2023: IMF Chief Georgieva
According to the IMF's head, 2023 will be a difficult year for much of the global economy because the main engines of global growth – the United States, Europe and China – are all experiencing weakening activity
Read MoreSouth Growth Model Inspiring, Worthy Of Emulation
India’s per capita income (factoring in purchasing power) is at an inflexion point. The GDP is at a decisive stage to enable India to emerge as an economic power
Read More