Many emerging market economies proved quite resilient and surprised on the upside, with China an exception, which was facing growing headwinds from its real estate crisis and weakening confidence, IMF noted in its latest World Economic Outlook report, released on Tuesday.
According to the multilateral agency's latest World Economic Outlook report, released Tuesday, the growth is expected to grow by 6.3 per cent this fiscal year, 20 basis points (100 basis points is equal to 1 percentage point) higher than what it had estimated in its previous report.
Mubadala Capital, the wholly-owned asset management subsidiary of Mubadala Investment Company ("Mubadala"), held a final close on its second flagship investment fund in Brazil, Brazil Special Opportunities Fund II ("BSOF II"), with total commitments in excess of USD 710 million.
Pune (Maharashtra) [India], October 10: Investing is an essential step towards achieving financial goals and securing a prosperous future. However, with numerous investment options available, it's crucial to identify the investment vehicles that align with your specific needs. One such optio
Pune (Maharashtra) [India], October 10: Creating wealth is not just about accumulating money but about building a secure future and achieving financial independence. However, wealth creation is not an overnight process; it requires consistent efforts and a long-term perspective. Thus, the ke
The National Investigation Agency (NIA) has named a French translator from Uttar Pradesh along with another person of raising funds for furthering the activities of Tehreek-e-Taliban Pakistan (TTP), a proscribed terrorist organisation.
Seattle [US]/Dakar [Senegal], October 10: A slate of new initiatives to support locally led innovation was announced today in Dakar by the Bill & Melinda Gates Foundation and its partners at the Grand Challenges Annual Meeting. The investments come with an urgent call for countries to st
American actor and film producer Dwayne Johnson is speaking out after facing backlash for asking people to donate to a Maui wildfire recovery fund, reported People.
The Supreme Court on Tuesday posted for hearing on October 31 a batch of pleas challenging the central government's Electoral Bond Scheme which provides for funding to political parties
New Delhi [India], October 10: Moneycontrol, a leading financial website of the Network 18 group, is bringing the second edition of the Moneycontrol Mutual Fund Summit, which will be held in Mumbai on October 11. The marquee event will see Ananth Narayan G, Whole-Time Member of SEBI, as its
Officials of the Central Drought Study Team visited the drought-affected areas in three teams over three days and conducted an actual inspection of the crop damage. They have also discussed this with local farmers and people's representatives. The panel has positively responded that the requ