Guided by the vision of the Prime Minister, the foreign policy of India has been evolving to undertake leadership roles on the global stage. In a significant step in this direction, India will assume G20 Presidency from December 1, 2022.
New Delhi [India], September 17 (ANI): India has overtaken Britain to become the world's fifth largest economy and as per IMF projections, only USA, China, Japan, and Germany are now ahead of India in terms of the volume of the national economy.
New Delhi [India], July 26 (ANI): After a 3.3 per cent contraction in 2020 and a 5.8 per cent rebound in 2021, global GDP growth is projected to slow to 2.7 per cent in 2022 and 2.6 per cent in 2023, said global financial services provider S&P Global Market Intelligence.
Geneva [Switzerland], April 13 (ANI/Sputnik): The World Trade Organization (WTO) has downgraded its forecast for global GDP growth in 2022 to 2.8% from the previously expected 4.1%, according to a fresh report released on Tuesday.
New Delhi [India], October 27 (ANI): Emphasising that Indo-Pacific is a "centre of gravity" of global geopolitics and economics, Navy Chief Admiral Karambir Singh said that it houses nearly 61 per cent of the global population and contributes to 62 per cent of the global GDP.
Geneva [Switzerland], June 30 (ANI): The crash in international tourism due to coronavirus pandemic can cause a loss of more than four trillion dollars to the global GDP for the years 2020 and 2021, according to an UNCTAD report published on Wednesday.
Paris [France], May 31 (ANI): The Organisation for Economic Co-operation and Development (OECD) has revised up its forecast for the 2021 global GDP growth, predicting an increase of 5.8 per cent.
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.
Paris [France], March 10 (ANI): The Organisation for Economic Cooperation and Development (OECD) sees global GDP growth at 5.6 per cent this year, an upward revision of more than one percentage point since its projection in December 2020, and 4 per cent in 2022.
Geneva [Switzerland], Jan 25 (ANI): Accelerated investment in upskilling and reskilling of workers can add at least 6.5 trillion dollars to global GDP, create 5.3 million new jobs by 2030 and help develop more inclusive and sustainable economies worldwide, according to a World Economic Forum
Mumbai (Maharashtra) [India], Sep 25 (ANI): The global real GDP contracted by 7.2 per cent year-on-year in the second quarter of current calendar year, Motilal Oswal Financial Services said in its EcoScope report released on Friday.