May 24, 2024 13:44 (IST)
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Chhattisgarh: 7 Maoists killed in a gunfight, police seize weapons and other materials | Thane fire update: 7 killed, 40 injured in explosion fire at chemical factory | 'Surrender or face my anger': HD Deve Gowda's stern warning to grandson Prajwal Revanna | Over 300 Indians, who were scammed into working as 'cyber slaves' in Cambodia, returns | Massive explosion at a factory in Thane, 20 evacuated

Global economy to contract 1.5 pct in 2020 amid COVID-19 outbreak: IIF

Washington/Xinhua/UNI:  The global economy is expected to contract 1.5 percent in 2020 amid the ongoing COVID-19 outbreak, according to the forecast released by the Institute of International Finance (IIF) on Monday.

2020 to be year of ‘slowbalisation’ for global economy, India expected to rise in global economic ranking, says PwC

London/IBNS: Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms compared to its long-term average of a 21st century average of 3.8% per year, according to new projections by PwC.

Global economic risks and imbalances reinforce the need to strengthen global co-operation at the multilateral level : Finance Minister Sitharaman

New Delhi: Union Finance Minister Nirmala Sitharaman has said that the global economic risks and imbalances reinforce the need to strengthen global co-operation at the multilateral level, besides governmental initiatives.

Global economy to slow to 2.9 percent in 2019 as trade, investment weaken: World Bank

Washington, Jan 9 (IBNS): Global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook, the World Bank said on Tuesday. International trade and manufacturing activity have softened, trade tensions remain elevated, and some large emerging markets have experienced substantial financial market pressures.

Jaitley calls for enhanced surveillance by the IMF to address rising vulnerabilities in global monetary

Washington, Apr 23 (IBNS): Union Minister of Finance, Defence and Corporate Affairs of India, Arun Jaitley participated in the Restricted Session of the International Monetary and Finance Committee (IMFC) and the Plenary Session of World Economic Leaders (IMFC Plenary) in Washington D.C. on Saturday.