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World economies News

Global Economic Growth forecast

08 Oct 2022

IMF warns higher RECESSION risk and dark GLOBAL outlook in the coming years

IMF anticipates world could lose $4 trillion in economic output between now and 2026. India is importing world inflation and commodity prices shooting up here. Global central banks are now hiking at the fastest pace since 1979.

Yuan devaluation

12 Aug 2015

World economies must take note of yuan devaluation: CEA

World economies, including India, will have to take note of Chinese currency devaluation designed to avert slowdown in its economy and exports, Chief Economic Advisor Arvind Subramanian said Wednesday.

World economies

26 May 2015

Asian shares turn higher as China rallies, dollar up

The dollar surged 0.6 percent against the Japanese currency to 122.36 yen, breaking above the 122 level for the first time since March 10 and reaching an eight-year peak.

14 Jan 2015

China's challenge is to learn to live with 7% growth rate: World Bank

Director of Development Prospects at the World Bank Ayhan Kose said that growth has been slowing in an orderly fashion in China.

14 Jan 2015

Global economy projected to expand by 3% this year: WB

Developing countries grew by 4.4 per cent in 2014 and are expected to edge up to 4.8 per cent in 2015, strengthening to 5.3 and 5.4 per cent in 2016 and 2017, respectively, it said.

21 Sep 2014

G20 finance chiefs confident growth goals achievable

Finance chiefs from G20 nations wrap up a two-day summit Sunday confident that boosting their combined growth by at least an extra 1.8 percent is achievable, and even better if sufficient reforms are made.

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