Search For "global growth"
India's energy security important for global growth, says PM Modi at G20 S
Updated : 3 years, 4 months ago IST
Prime minister Narendra Modi at G20 working session on Food and Energy Security said, "India's energy security is also important for global growth, as it is the world's fastest-growing economy."
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Global economy on the verge of a downturn: Moody's Investors Service
Updated : 3 years, 4 months ago IST
Moody's Investors Service said in a report said global growth would slow in 2023 and remain sluggish in 2024. Still, a period of relative stability could emerge by 2024 if governments and central banks manage to navigate their economies through the current challenges.
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African countries face heat as China slows down lending
Updated : 3 years, 4 months ago IST
Economic growth in Sub-Saharan Africa is set to decelerate from 4.1 per cent in 2021 to 3.3 per cent in 2022, as a result of a slowdown in global growth, rising inflation exacerbated by the war in Ukraine, adverse weather conditions, a tightening in global financial conditions, and the risin
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India on track to become third-largest economy by 2030: Morgan Stanley
Updated : 3 years, 4 months ago IST
The four global trends -- demographics, digitalization, decarbonization and deglobalization are favouring what Morgan Stanley termed as New India. It said India would drive a fifth of global growth through the end of this decade.
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Asia-Pacific to dominate global growth in 2023: S&P Global Market Inte
Updated : 3 years, 4 months ago IST
Asia-Pacific region is expected to dominate global economic growth in 2023, supported by regional free-trade agreements, efficient supply chains, and competitive costs.
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Fitch slashes global growth forecast, sees "mild" recession in US in mid-2
Updated : 3 years, 6 months ago IST
New Delhi [India], September 15 (ANI): The European gas crisis, high inflation and the pace of global monetary policy tightening are taking a heavy toll on economic prospects, rating agency Fitch Ratings' September 2022 Global Economic Outlook (GEO) said. European wholesale gas and electrici
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India as an economy in 2047 can be seen as powerhouse driving global growt
Updated : 3 years, 6 months ago IST
Los Angeles [US], September 11 (ANI): Assessing the impact of the foundational changes and structural transformation that has happened in the last few years, the Confederation of Indian Industry (CII) estimated that India in 2047 will be a USD 35-45 Trillion economy, taking the country into
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IMF revises China's growth by 1.1 pc, predicts major global spillovers
Updated : 3 years, 7 months ago IST
Washington [US], July 26 (ANI): The International Monetary Fund (IMF) said on Tuesday that it has revised downwards its forecast for China's economic growth by 1.1 per cent in 2022 and by 1.3 per cent next year.
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New Development Bank (NDB) approves USD 875 million for water, sanitation,
Updated : 3 years, 7 months ago IST
Shanghai [China], July 20 (ANI/PRNewswire): The New Development Bank (NDB) has just approved five new projects totalling USD 875 million for water, sanitation, ecotourism and transport. Investments will support commitments by Brazil, China and India towards the Sustainable Development Goals
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How Russian natural gas cut-off could affect Europe's economies?
Updated : 3 years, 7 months ago IST
Washington DC [US], July 20 (ANI): The International Monetary Fund (IMF) has warned that Russia's invasion of Ukraine has further darkened the global growth outlook, with the European economy facing a serious setback given its trade, investment, and financial links with the warring countries
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Faced with 'darkening' outlook, IMF set to downgrade global growth
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): Faced with a "darkening" economic outlook, the International Monetary Fund (IMF) is set to further downgrade global growth for both 2022 and 2023 in its World Economic Outlook Update to be released later this month.
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Growth in developing economies likely to halve in 2022, says World Bank re
Updated : 3 years, 8 months ago IST
Washington [US)], July 14 (ANI): The growth in emerging and developing economies are expected to roughly halve to 3.4 per cent in 2022 in comparison to 6.6 per cent the previous year, as the spillover effects led by the Russian invasion of Ukraine has adversely affected these nations, the Wo
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