May 07, 2024 06:40 (IST)
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93 Lok Sabha seats across 11 states, UTs to vote in phase 3; Amit Shah in fray from Gujarat's Gandhinagar | Kolkata Police demands Mamata Banerjee meme creator's identity, warns of legal action otherwise | 'Will remove 50 pct cap on caste reservation, increase quota for Dalits, tribals': Rahul's poll pitch in MP | Student stabbed to death by fellow Indians in Australia as he was mediating a confrontation | Delhi LG calls for NIA probe against Kejriwal over 'political funding from banned Sikh group', AAP cries 'conspiracy'

World Bank predicts 'sharp slowdown' for global economy this year despite improvement

The global economy is likely to experience a significant slowdown this year, under the influence of elevated interest rates, the ongoing repercussions of Russia's invasion of Ukraine, and the persistent impacts of the coronavirus pandemic, the World Bank said in its latest outlook.

Demonetisation may lead to temporary slowdown of economy: President

New Delhi, Jan 5 (IBNS): Days after the time period for depositing banned currency notes in banks lapsed, President Pranab Mukherjee on Thursday said demonetisation may lead to temporary slowdown of the economy.