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IMF Head Projects Slightly Stronger Global Growth in 2024, Cautions on Future Challenges

IMF's Kristalina Georgieva projects a slight increase in global growth for 2024 but warns of long-term challenges and the potential for a sluggish decade....

GR Exclusive: Worst Is Over For World Economy, India To Fuel Global Growth in 2024

The global economy is on track to grow modestly and it hopefully will see some magic in 2024, according to top economists in the world who also said that India will drive world growth in the upcoming year amid cooling inflation ...

Whirlpool To Sell 24% Stake In India Business For Curbing Debt; Stock Dives 10%

Whirlpool Corporation has revealed plans to sell up to 24% of its stake in Whirlpool of India, the Indian arm of the global home appliance giant. This decision comes on the heels of the Indian unit reporting a 23.7% dip in ...

Indian Economy Projected to Grow 6.1% In 2023, Global Growth To Fall: IMF

The International Monetary Fund (IMF) stated on Tuesday that it expects some slowdown in Indian economy next fiscal year and anticipates the growth to 6.1% from 6.8% during the current fiscal ending March 31. According to a PTI report, ...

World Bank Cuts Global Growth Forecast to 2.9%

The World Bank has cut the global growth forecast by 1.2 percentage points to 2.9% for 2022, warning that Russia-Ukraine war has compounded the damage from the Covid-19 pandemic, with many nations likely to face recession, according to a Reuters report.{image-imf-1650513082.jpg ...

Sithraman Meets IMF Chief; Discusses Impact Of Geopolitical Situation, On Global Growth

Finance Minister Nirmala Sitharaman on Tuesday met IMF managing director Kristalina Georgieva and discussed a range of issues, including impact of geopolitical situation on global growth. During the meeting held on the sidelines of the ongoing annual spring meetings ...