For many low-and middle-income countries, remittances act as a major source of income. In 2024, India…
Tag: world economy
IMF maintains 2024 global growth forecast, warns of inflation risk
“Global activity and world trade firmed up at the turn of the year, with trade spurred…
India, Nigeria to increase cooperation in energy, UPI, local currency settlement to enhance economic ties
Image of diplomats shaking hands for representation only | Photo Credit: SANDEEP SAXENA India and Nigeria…
Russia reinsurer backs firms to get India marine insurance permit
Russia’s state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get…
World Bank’s Banga says geopolitics pose ‘serious’ risk to world economy
World Bank President Ajay Banga. File. | Photo Credit: Reuters World Bank President Ajay Banga said…
AI May Lead To Flattening Of Pay Structure: IMF’s Gita Gopinath
Ms Gopinath also said China’s growth projection has been downgraded slightly. Marrakech: As the lingering effects…
BIS warns world economy at critical juncture in inflation fight
“The global economy is at a critical juncture. Stern challenges must be addressed,” Agustin Carstens, BIS…