Thursday, Oct 06, 2022
×
Outlook.com
×

Global Economy

Tightening Actions By Central Banks Will Help To prevent high inflation from becoming entrenched: IMF

Tightening Actions By Central Banks Will Help To prevent high inflation from becoming entrenched: IMF

The IMF said Wednesday that recent tightening by many central banks around the world will prevent high inflation from becoming entrenched.

05 October 2022

Fitch Slashes India's FY23 GDP Growth Forecast To 7% On Slowing Global Economy, Rising Interest Cost

As per official GDP estimates, the Indian economy expanded 13.5 per cent in June quarter, higher than 4.10 per cent growth clocked in January-March


Global Economic Turmoil Not To Impact India's Recovery: Moody's Investors Service

Moody's saw the Indian economy expanding by 7.6 per cent in the current fiscal compared to 8.7 per cent growth in the last financial year that ended on March 31. For 2023-24, it estimates a 6.3 per cent GDP growth


India Will Be Pillar Of Global Economic Revival: Goyal

Asserting that India is the best destination for investments, Goyal said the government has taken several structural reforms, and more are in the pipeline

29 September 2022

Assam Chief Minister Himanta Biswa

Start-Up Ecosystem's Progress In Assam Fast-Paced: CM Himanta Biswa Sarma

The start-up ecosystem in the country has brought in a new wave in the global economy and the youths have been able to take advantage of this, Himanta Biswa Sarma said at an event organised to celebrate Assam's start-up...


FIS Global To Launch CBDC Virtual Lab, To Support 1 Million Transactions Per Second

FIS Global will launch its CBDC virtual lab for usage by central banks across the globe, including India. The NYSE-listed company believes it will help them launch their own digital currencies in the economy

27 August 2022

War In Ukraine Drags On Global Economy Into 2023: OECD

The Paris-based organisation projects worldwide growth to be a modest 3% this year before slowing further to just 2.2% next year, representing around USD 2.8 trillion in lost global output in 2023

26 September 2022

Advertisement

The U.S. has classified the once-abundant polar bear as threatened

Climate Change Forcing Polar Bears To Forage Garbage Dump For Food: Study

A recently published paper reveals how human food and waste are becoming a major threat to polar bear existence and jeopardize human safety

23 July 2022

Advertisement
21 July 2022
Current and Future Sentiment In Residential Real Estate Remain Optimistic: Report

Current and Future Sentiment In Residential Real Estate Remain Optimistic: Report

The Knight Frank-NAREDCO Real Estate Sentiment Index Q2 2022 (April - June 2022) report has cited that the current sentiment score has moderated to 62 from the...


28 June 2022
G-7 Leaders End Summit Pledging To Hurt Russia Economically

G-7 Leaders End Summit Pledging To Hurt Russia Economically

Leaders also agreed on a ban on imports of Russian gold and to step up aid to countries hit with food shortages by the blockage on Ukraine grain shipments...


27 June 2022
Indian Economy May Touch $30 Trillion In Next 30 Years: Union Minister Piyush Goyal

Indian Economy May Touch $30 Trillion In Next 30 Years: Union Minister Piyush Goyal

The country's economy at present stood at about $3.2 trillion and in nine years from today, he said, it will be about $6.5 trillion


23 June 2022
Indian Economy To Grow By 7-7.8% In FY23 Despite Global Headwinds: Experts

Indian Economy To Grow By 7-7.8% In FY23 Despite Global Headwinds: Experts

Eminent economist and BR Ambedkar School of Economics (BASE) Vice-Chancellor NR Bhanumurthy said at present Indian economy is facing multiple headwinds largely...


17 June 2022
WTO Inks Landmark Deal After Nearly A Decade; Check Key Deals Signed During The Meet

WTO Inks Landmark Deal After Nearly A Decade; Check Key Deals Signed During The Meet

Amidst the uncertainty regarding the global economy, and heightened geopolitical tensions, the key agenda behind this year’s WTO meeting was to ensure food...


Advertisement

14 June 2022
Explained: Wall Street Slips Into A Bear Market; Here's What That Means

Explained: Wall Street Slips Into A Bear Market; Here's What That Means

Rising interest rates, high inflation, the war in Ukraine and a slowdown in China's economy have led investors to reconsider what they're willing to pay for a...


14 June 2022
Explained: How Treasury Bond Yield Inversion Raises Worries Over Recession

Explained: How Treasury Bond Yield Inversion Raises Worries Over Recession

The “yield curve” is watched for clues on how the bond market feels about the long-term outlook for the U.S. economy. On Tuesday, a closely followed part...


07 June 2022
World Bank Dims Outlook For Global Economy Amid Russia War

World Bank Dims Outlook For Global Economy Amid Russia War

For the United States alone, the World Bank has slashed its growth forecast to 2.5% this year from 5.7% in 2021 and from the 3.7% it had forecast in January


31 May 2022
US President Joe Biden To Meet Fed Chair As Inflation Bites Pocketbooks

US President Joe Biden To Meet Fed Chair As Inflation Bites Pocketbooks

The meeting Tuesday will be the first since Biden renominated Powell to lead the central bank and comes weeks after his confirmation for a second term by the...


25 May 2022
Advanced Economies To Be Back On Track By 2024: Gita Gopinath

Advanced Economies To Be Back On Track By 2024: Gita Gopinath

Economies worldwide have been adversely impacted by the coronavirus pandemic and are slowly coming back into the recovery path.


23 May 2022
Pandemic Creates New Billionaire Every 30 Hours: Oxfam

Pandemic Creates New Billionaire Every 30 Hours: Oxfam

The WEF, which describes itself as an international organization for public-private partnership, is hosting its annual meeting in Davos after a gap of more...


Advertisement

28 April 2022
Dr Yasam Ayavefe Explains How Cryptocurrency Can Benefit The Global Economy

Dr Yasam Ayavefe Explains How Cryptocurrency Can Benefit The Global Economy

The latest tool in the struggle against inflation is Bitcoin. In more recent times, institutional investors seem to be gravitating towards Bitcoin, presumably...


14 April 2022
IMF Chief: Ukraine War And Inflation Threaten Global Economy

IMF Chief: Ukraine War And Inflation Threaten Global Economy

IMF Managing Director Kristalina Georgieva said the consequences of Russia's invasion was contributing to economic downgrades for 186 countries, although most...


08 April 2022
What Does RBI’s Decision To Rationalise Risk Weights For Home Loans Mean For You?

What Does RBI’s Decision To Rationalise Risk Weights For Home Loans Mean For You?

The repo rate stays at 4 per cent. So, banks will have more funds to offer to borrowers and interest rates on home loans will stay at the current low levels


18 March 2022
Global Economic Fallout Of War In Ukraine Is Expected To Negatively Impact India: IMF

Global Economic Fallout Of War In Ukraine Is Expected To Negatively Impact India: IMF

Rice said that the negative impact of the war in Ukraine on the US, the EU, and Chinese economies could dampen external demand for India's exports, while...


12 March 2022
Finance Minister Holds Virtual Meeting With IMF Chief, Discusses Impact Of Rising Commodity Prices

Finance Minister Holds Virtual Meeting With IMF Chief, Discusses Impact Of Rising Commodity Prices

They spoke about the issue of global supply chains being affected, commodity prices rising and the possible effects on the world economy


02 March 2022
Economic Dangers From Russia's Invasion Ripple Across Globe

Economic Dangers From Russia's Invasion Ripple Across Globe

Russia's war has significantly heightened the likelihood of runaway inflation, another economic setback or both


Advertisement
Advertisement
Advertisement
Advertisement
Advertisement