The growth in emerging markets and developing economies is still expected to pick-up with year-on-year growth expected to accelerate from 3.1 percent in 2022 to 4.1 percent this year and the next.
Highlighting the trade war between the US and China, Secretary of State Antony Blinken said that the Washington is working to ensure that competition with Beijing doesn't turn into a conflict between the two biggest economies.
The Asian Development Bank (ADB) in its latest forecast has maintained the growth outlook for developing economies in Asia and the Pacific at 4.8 per cent for 2023, and noted robust domestic demand continues to support the region’s recovery.
“The areas of cooperation include bilateral investment, financial services and infrastructure development, among others. For instance, India has developed expertise in digital public infrastructure. It can provide time-tested solutions for convenient and affordable digital pay
Capital Group said it believes the fundamental outlook for India is arguably better than ever. The market has a lot going for it: It's one of the world's fastest-growing economies, inflation is under control, the government has been fiscally responsible, and corruption is lower than it wa
"Today our trade is close to 18 billion dollars annually and last year it was the highest ever trade...I believe given the growth in India if you look at the major economies of the world today there are not major economies growing above 5 per cent...," EAM Jaishankar said in Thailand while i
The UAE’s real GDP growth accelerated during 2022 due to a robust recovery in non-oil GDP and a sizable expansion of oil GDP, according to the Financial Stability Report for 2022 released today by the Central Bank of the UAE (CBUAE)
On how he sees India's economy as a trading partner, Sumeet Anand said, "India is obviously one of the fastest growing economies in the world, or the largest fast-growing economy in the world. So, the perspectives are very good, obviously, for all investors, including French investors. I thi
The minister also warned of cyber-attack threat which he said is hovering over all the major economies of the world and "many countries of the world have become victims of it".
"India & France are strong countries in terms of technology. There is a high level of complementarity & trust between us. Sky is the limit on how much we can work together. India and France share the view of reinvigorating our own industries, to build economies self-reliant on techno
US President Joe Biden has turned aside pleas to join pacts such as the Trans-Pacific Partnership (TPP), an accord between 12 Pacific Rim economies, or use access to America's market as a tool of diplomacy.
The partnership between the US and India focuses on fostering open and inclusive digital economies through the development and deployment of DPIs in developing countries, leveraging India's successful implementation, National Association of Software and Service Companies (NASSCOM) said.