The latest World Economic Forum outlook for the year shows a modest improvement in confidence, but mounting concerns over debt, AI-driven volatility and a fractured trade order.
Survey says that India, in light of significantly-changed external scenario, needs to focus on domestic growth drivers and reduce regulations impeding them.
Cooperation levels have flatlined over the past 3 years, at a precarious time for global economy and security, when the past year was hottest on record.
As BRICS transitions into BRICS 10, China leverages this expansion to promote its vision of a multipolar world, while India’s cautious stance remains a focal point in Chinese strategic discussions.
Space technologies will increasingly permeate everyday life, continuing to enable innovations like smart watches, advanced pharmaceuticals, and extreme weather alerts.
The transition to renewable energy, digitalisation of the economy and pressure to keep pace with developments in cutting-edge technology all hinge on a select few minerals.
Ambassador Golam Sarwar said that it was crucial to enhance regional cooperation in order to confront the current economic challenges and promote development.
'Over-concentrations stemming from globalisation & use of economic coercion by states have put premium on resilience & redundancy,' said EAM in virtual address at Nikkei Asia 2024 Future of Asia Forum.
Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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