Washington: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), warned that the situation developing in the last three months is darkening the future of the global economy. The threats for the economy are increasing and the possibility of the Global economy being hit by recession in the next year cannot be denied.’ The […]
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Moscow: Russian President Vladimir Putin warned that those who think that the world order will be re-established as before the Ukraine conflict are wrong. The changes that are taking place in the world today are fundamental, revolutionary and irreversible. The Russian President also pointed out that some Western countries are ignoring this and have misunderstood […]
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New Delhi: ‘The Indian economy, which is currently at $3.3 trillion, will grow to $5 trillion in the 2026-27 fiscal year. In the financial year 2033-34, the Indian economy will jump to $10 trillion,’ said Chief Economic Advisor Anantha Nageshwar. Analysts across the world agree that India is progressing at a promising pace at a […]
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Paris: French President Emmanuel Macron indicated a substantial increase in defence expenditure by saying, ‘Since the Russian invasion of Ukraine, France has become a war economy. The situation could continue in France for the next many years.’ The French President has issued instructions that taking into account the significant changes in the geopolitical equations of […]
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Washington: The second wave of the Coronavirus pandemic in the middle of 2021 had severely impacted the Indian economy. The US treasury department claimed in its report that the Indian economy took a significant leap and was the fastest in the world to be back on track. This half-yearly report prepared for the US Congress […]
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Karwar: Indian Navy is a modern, potent and credible force that can remain vigilant, courageous, and victorious in every situation. Today, the Indian Navy is counted among the front line navies of the world. The world’s biggest navies are keen to cooperate with the Indian Navy, Defence Minister Rajnath Singh has said. The Defence Minister, […]
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Washington: The uncertainty in the global economy has increased further due to the Ukraine conflict. International Monetary Fund (IMF) has warned that this uncertainty could slow down the global economy. The IMF will be releasing a report named ‘World Economic Outlook 2022’ in the next few days. This warning becomes significant against this background. Besides, […]
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London: The debt burden on the countries worldwide will grow by 10% and will cross $71 trillion. This is the warning issued by the asset management company Janus Henderson in its report. The report claims that the United States, China, Japan and other countries will borrow heavily during this year. The Bank of America has […]
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Paris/Washington: The European thinktank OECD has warned that the Russia-Ukraine war will jolt the global economy. There has been a significant increase in the rates for food grain, oil and other raw materials and inflation has flared up. The European think tanks warned that this would impact the global economy. This will result in a […]
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Washington: – Inflation has flared up in the United States and analysts have warned that this could hit the country’s economy. The PCE and CPI indices, considered the crucial elements in the US economy, have reached record levels in the last 40 years. The possibility of this inflation reduction has been ruled out given the […]
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