Search For "global economy"
Global economic jitters: Fitch Ratings predicts 2024 impact from soaring o
Updated : 2 years, 4 months ago IST
According to Fitch's Global Economic Outlook (GEO), a scenario with average oil prices of USD 75 per barrel in 2024 and USD 70 per barrel in 2025 could be upended if oil prices spike to USD 120 per barrel in 2024 and USD 100 per barrel in 2025 due to supply restrictions.
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"India has become new engine of global growth with young demography" says
Updated : 2 years, 4 months ago IST
Das said, "The global economy continues to face multiple macroeconomic and geopolitical shocks. The prediction of a global recession has not come true but there are indications that global growth is slowing down amid tightening financial conditions and still elevated inflation. Even as the f
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South Korea bans short selling in stocks citing economic uncertainties
Updated : 2 years, 4 months ago IST
Continuation of high-interest rates and stagnant growth in the global economy, coupled with geopolitical risks such as the conflict in West Asia, FSC said in the release that there are growing uncertainties for the Korean economy.
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"We see very difficult, turbulent times ahead": EAM Jaishankar on global e
Updated : 2 years, 4 months ago IST
External Affairs Minister S Jaishankar on Thursday characterized the impact of the COVID-19 pandemic followed by conflict in Ukraine on the global economy as "very traumatic" and predicted very "difficult and turbulent" times ahead.
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Global commodity markets brace for potential 'Dual Shock' from Middle East
Updated : 2 years, 4 months ago IST
While the global economy is in a more resilient state than in the 1970s to manage a significant oil price shock, the compounding impacts of these two conflicts could push global commodity markets into unprecedented territory.
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Commodity prices outlook would darken quickly if conflict in Middle East e
Updated : 2 years, 4 months ago IST
The global economy is in a much better position than it was in the 1970s to cope with a major oil-price shock but an escalation of the latest conflict in the Middle East--which comes on top of disruptions caused by the Ukraine conflict--could push global commodity markets into uncharted w
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IMF projects slow global growth amid ongoing challenges
Updated : 2 years, 4 months ago IST
According to the IMF report, this forecast, disclosed in the latest World Economic Outlook, reflects one of the lowest growth rates in decades. The global economy continues to grapple with multiple shocks and the rising cost of living.
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Energy crossroads: The pinnacle and peril of peak oil
Updated : 2 years, 4 months ago IST
While this might seem like a natural part of resource utilization, the idea of peak oil has far-reaching implications and has generated both hope and fear in various quarters.
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"Unipolar world a distant history...": EAM Jaishankar
Updated : 2 years, 4 months ago IST
External Affairs Minister S Jaishankar said on Sunday that today, the unipolar world is a "distant history", and a lot of the analysis needs to overcome the burden of "past constructs".
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Global economy facing tirade of challenges says RBI Governor Shaktikanta D
Updated : 2 years, 4 months ago IST
Highlighting the hurdles that have become increasingly prevalent on the global economic horizon, Das said, "The global economy is now facing a tirade of challenges. First, slow moderation in inflation, which is getting interrupted by recurring and overlapping shocks. Second, slowing growt
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Chhattisgarh: G20 FWG discusses Global economy, supply chain disruptions i
Updated : 2 years, 5 months ago IST
More than 65 delegates from G20 member and invitee countries and various international and regional organisations are taking part in the fourth and final meeting of the G20 FWG under India's G20 Presidency being held here in Nava Raipur
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WellxPay: A reliable payment gateway which makes international payments si
Updated : 2 years, 6 months ago IST
New Delhi [India], September 13: Developed in the UK, WellxPay is an international payment gateway revolutionizing international payments in Southeast Asia. With diverse payment options, the seamless conversion of currencies, advanced security features, and a globalized approach with a solut
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