Year of the Dragon: China's economic challenges and surging uncertainty ahead
Claude Arpi • 1 year agoThe only question is can Xi Jinping and his advisors be swift and agile enough to change the tide and restore the trust in the ailing Dragon?
The trade target story: How UPA government helped China grow at India’s expense
Abhishek Banerjee And Karuna Gopal • 1 year agoIn 2004, India’s economy was about 37 percent the size of China. By 2014, it was only 19 percent
'War in Gaza and attacks in the Red Sea endanger the world economy'
Fp Staff • 1 year agoThe longer the fighting continues, the more effects it could have on the world, IMF officer warned the World Governments Summit, an annual event in Dubai that brings together political and business leaders
White paper on the Indian economy: From fragility to stability
Aditya Sinha • 1 year agoThe release of the ‘White Paper on the Indian Economy’ by Finance Minister Sitharaman has been a significant step towards clarifying India’s economic trajectory during the UPA era and addressing prevalent misconceptions
What Russia's 3.6% GDP growth says about its economy but hides about Russians
Ajeyo Basu • 1 year agoThe Russian economy is predicted by the International Monetary Fund to grow this year at a rate higher than that of all G7 nations, but lower than that of developing European nations. Historically, nations at war have benefited economically from military spending
China continues to witness economic decline over next 4 years: IMF
Fp Staff • 1 year agoIn a report released on Friday, the IMF projected that China's economic growth will reduce to 4.6 per cent this year, down from its 5.2 per cent growth in 2023, and drop further to 3.4 per cent by 2028.
IMF raises growth forecast for global economy
Ajeyo Basu • 1 year agoThe IMF predicted 3.1% global growth in 2024, which was two tenths of a percentage point higher than its October estimate. It stated that it anticipated 3.2% growth in 2025. 3.8% was the historical average for the years 2000–2019
IMF increases India's GDP growth forecasts for FY25, FY26 to 6.5%
Ajeyo Basu • 1 year agoChina (+0.4%), the United States (+0.6%), and Russia (+1.5%) led the increased growth revisions for 2024. Europe is expected to grow more slowly this year than was previously anticipated
Internationalisation of Indian rupees is possible despite challenges
Brajesh K Tiwari • 1 year agoThe current imperative is to develop a scheme that facilitates an increase in global trade conducted in rupees, thereby reducing the trade deficit
Global economy 'poised for a soft landing': IMF
• 1 year agoThe IMF's growth projections are low by historical standards, underscoring the challenges faced by the global economy as it continues its recovery from the Covid-19 pandemic, which wrought economic damage to many countries around the world.