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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

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Indian 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

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India, 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

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Budget 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

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India'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

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Global 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

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Global 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

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India-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

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Global 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

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Global 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

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India 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

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Fragmentation 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

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Any 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

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Global 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

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South 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

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