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Thursday, April 25, 2024
TopicGlobal Economy

Topic: Global Economy

Climate change could cost global economy $38 trillion/yr by 2050 even if emissions halted: Nature study

German scientists' findings show economies across the world 'committed' to average income loss of 19% by 2050. India & Africa predicted to be biggest losers of median income every year.

56% chief economists expect global economy to weaken in 2024, South Asia remains positive, says WEF

Chief Economists Outlook report explores impact of global uncertainty on economy, growth patterns & AI impact on businesses & financial markets. Moderate growth for China, predict 69%

Though improved, central & states’ debt still higher than pre-Covid levels. How this can be managed

Indian govt's status paper presents a consolidated picture of country's debt position & emphasises the need to improve liquidity in the debt market by diversifying the investor base.

Crypto regulation, debt resolution & more — possible key outcomes of India’s G20 presidency

During the G20 summit, India is expected to drive discussions on time-bound debt resolution for countries in distress, reforming multilateral development banks & finalising crypto-regulation.

Prospects for medium-term global growth weak, says IMF chief Kristalina Georgieva

She emphasised the need for strengthening global financial safety net, including reviewing IMF's quota resources, which are critical for ensuring predictability of its firepower.

Tesla not immune to global economic environment, says CEO Elon Musk

Musk said Model Y SUV was on track to be top-selling car globally in 2023, and reaffirmed that Tesla would start to deliver its long-delayed Cybertruck pickup this year.

IMF chief expects to keep 2023 global growth forecast steady at 2.7%

IMF Managing Director Kristalina Georgieva says 2023 would be another 'tough year' for the global economy.

A road paved with surprises — why Indian economy’s steady course can’t be taken for granted

As the economy recovers from Covid, the lack of employment, a healthcare system in shambles and a poor education system could damage its long-term prospects.

Global middle class will grow by three times by 2030. Digital economy to the rescue

From the future of work to customer experience, digital economies are all about using the latest technology to do what you already do—but better.

Global food protectionism trend may aggravate inflation

Export restrictions harm importing countries and farmers in the producing nations by denying them a market.

On Camera

Imtiaz Ali obsesses over vulgarity, misses Chamkila’s cultural resistance against purity

Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India and Japan hold 10th round of consultations on disarmament, non-proliferation, and export control

The two sides also discussed ways to strengthen cooperation in outer space security, conventional weapons, and export control

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.