Washington DC [US], May 12 (ANI): The United Nations has raised India's growth forecast to 7.5 per cent for calendar year 2021, marking a 0.2 per cent increase from its projection in January, but said the country's outlook for the year remains highly fragile.
Washington DC [USA], May 8 (ANI): The share of US dollar reserves held by central banks fell to 59 per cent -- its lowest level in 25 years -- during the fourth quarter of 2020, according to a recent survey by the International Monetary Fund (IMF).
Geneva [Switzerland], Mar 18 (ANI): The global economy is set to grow by 4.7 per cent this year, faster than predicted in September (4.3 per cent), thanks in part to a stronger recovery in the United States where progress in distributing vaccines and a fresh fiscal stimulus of 1.9 trillion d
New York [USA], March 11 (ANI): Most economies will not return to pre-pandemic activity levels until 2022 and the global recovery will not be easy, Moody's Investors Service has said.
Melbourne [Australia], March 11 (ANI): While the ratio of global debt-to-GDP is at a record high, continuing recovery of global economy will likely prevent a debt crisis any time soon, S&P Global Ratings said on Thursday.
Washington DC [US], February 15 (ANI): US President Joe Biden will participate in a virtual G7 meeting on Friday where he plans to discuss efforts to rebuild the global economy, to combat the COVID-19 pandemic as well as the G7's economic stance towards China.
Agra (Uttar Pradesh) [India], February 10 (ANI): While adversely affecting the global economy, the COVID-19 pandemic has also adversely impacted the tourism industry in Agra.
Washington [US], February 9 (ANI): US President Joe Biden spoke to Prime Minister Narendra Modi on Sunday and committed that the United States and India will work closely to combat COVID-19, climate change, rebuild the global economy and stand together against global terrorism.
Washington DC [USA], January 27 (ANI): The International Monetary Fund (IMF) has said that global economy is projected to grow by 5.5 per cent in 2021 and 4.2 per cent in 2022.
Mumbai (Maharashtra) [India], January 22 (ANI): Equity benchmark indices swung between minor gains and losses during early hours on Friday amid some uncertainty about the near-term outlook for global economy.
Washington DC [USA], January 6 (ANI): The global economy is expected to expand by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year, the World Bank has said.
Mumbai (Maharashtra) [India], January 4 (ANI): Equity benchmark indices continued their upward march during early hours on Monday after the Drug Controller General of India approved Covid vaccines produced by AstraZeneca and Bharat Biotech for emergency use in the country.