Search For "developing economies"
India remains an attractive business destination as 5th largest recipient
Updated : 3 years, 6 months ago IST
New Delhi [India], September 17 (ANI): India retained its status as an attractive destination among a set of developed and developing economies, as the 5th largest recipient of FDI in the April-June quarter, said the Monthly Economic Report of the Department of Economic Affairs, Ministry
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Risk of global recession rises amid simultaneous interest rate hikes: Worl
Updated : 3 years, 6 months ago IST
Washington [US], September 16 (ANI): As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging markets and developing economies that would do them lasti
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Growth in developing economies likely to halve in 2022, says World Bank re
Updated : 3 years, 8 months ago IST
Washington [US)], July 14 (ANI): The growth in emerging and developing economies are expected to roughly halve to 3.4 per cent in 2022 in comparison to 6.6 per cent the previous year, as the spillover effects led by the Russian invasion of Ukraine has adversely affected these nations, the Wo
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Clean energy investment in developing economies top global priority: IEA
Updated : 4 years, 9 months ago IST
Paris [France], June 12 (ANI): The world's energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, according to a new report by the International Energy Agency (IEA).
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ADB vows to be developing Asia's partner for recovery from Covid-19
Updated : 5 years, 5 months ago IST
Manila [The Philippines], Sep 18 (ANI): The Asian Development Bank (ADB) is committed to partnering with developing economies in Asia and the Pacific to achieve their recovery goals from the coronavirus disease (Covid-19) pandemic, President Masatsugu Asakawa said in an address to ADB's boar
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Global FDI flows projected to plunge 40 pc in 2020: UNCTAD
Updated : 5 years, 9 months ago IST
Geneva [Switzerland], June 18 (ANI): Global foreign direct investment (FDI) flows are forecast to decrease by up to 40 per cent in 2020 from their 2019 value of 1.54 trillion dollars, according to UNCTAD's World Investment Report 2020.
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Policy action needed for a healthy global economy: IMF
Updated : 5 years, 12 months ago IST
Washington DC [USA], Mar 17 (ANI): While quarantining and social distancing is the right prescription to combat COVID-19's public health impact, the exact opposite is needed when it comes to securing the global economy, the International Monetary Fund (IMF) has said.
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Sustained air passenger demand but air cargo weakness persists: AAPA
Updated : 6 years, 6 months ago IST
Kuala Lumpur [Malaysia], Aug 27 (ANI): Preliminary traffic figures for the month of July released today by the Association of Asia Pacific Airlines (AAPA) showed that international air passenger demand continued to grow moderately, supported by business and leisure-related travel.
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$1.7 trillion needed per year to build disaster-resilient infrastructure i
Updated : 6 years, 11 months ago IST
New Delhi [India], Apr 6 (ANI): Developing economies across Asia are among the most vulnerable to natural disasters and have suffered damages estimated at 644 billion dollars since 2000, according to Asian Development Bank (ADB).
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Airbnb, World Bank sign MoU to enhance rural tourism
Updated : 8 years, 6 months ago IST
New Delhi [India], June 22 (ANI): The World Bank group and Airbnb on Wednesday signed a Memorandum of Understanding (MoU), validating their combined efforts to boost the tourism industries of developing economies, at the Tourism Knowledge Exchange 2017, an event highlighting the latest innov
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India suited for international arbitration: CJI Khehar
Updated : 8 years, 6 months ago IST
New Delhi [India], April 22 (ANI): Chief Justice of India (CJI) J.S. Khehar on Saturday said India can establish itself as a hub for commercial international arbitration and emerge as a leader among other Asian developing economies .
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