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Tuesday, October 28, 2025
TopicGlobal Economy

Topic: Global Economy

ArtChainIndia, a peer-support movement helping artists tide over the Covid crisis

The social media initiative encourages artists to sell their work directly on Instagram & support fellow artists by buying their work.

Coronavirus could cost global economy $8.8 trillion – that’s almost 10% of global GDP

The new estimates by ADB are more than twice the range of $2 trillion to $4.1 trillion the development bank gave 3 April.

UK GDP shrinks by 2% amid Covid-19 crisis, biggest quarterly decline since 2008

The fall was the biggest since the financial crisis of 2008 and included a contraction of 5.8 per cent in the March GDP alone, the biggest monthly fall on record.

Fresh wave in China, White House struggles to control pandemic and other global Covid news

As the Covid-19 pandemic shows no signs of letting up, ThePrint highlights the most important stories on the crisis from across the globe.

Surprisingly, April was Wall Street’s best month in decades

Weeks of increasingly dire real-economy figures and Covid news didn’t move the US market in a big way.

SEBI and Franklin Templeton fight over investment rules after funds collapse

SEBI rebuts claims tighter rules pushed Franklin into freezing 6 debt funds & said asset manager should focus on returning $4.1 billion to investors.

Global economic outlook has worsened since our last forecast 3 weeks back, IMF says

The IMF said in the World Economic Outlook report on 14 April that global gross domestic product will decline 3% this year.

Why financial markets will never be the same after the coronavirus crisis

Airlines, oil-drillers and other troubled industries are in line for bailouts, while banks are being browbeaten to stop paying out dividends

Survey shows Indians want economy to reopen but are most nervous about leaving home amid Covid

The IPSOS survey was conducted on more than 28,000 people across 14 countries between 16-19 April.

World could leap ‘from Covid frying pan into climate fire’ if carbon emissions aren’t cut

G20 finance ministers and central bankers from 53 countries agree that many of the most effective solutions to Covid-19 are also those that reduce carbon footprint.

On Camera

How the Bagram airbase from the 1950s is geopolitically significant in the 21st century

Days after Trump lay claim to the Bagram base, Russia, China, Iran and Pakistan “firmly opposed the reestablishment of military bases in and around Afghanistan by the countries responsible for the current situation”.

Mumbai’s been driving India’s data centre market, but water shortage, power demand pose risks

According to a report by Macquarie, India’s data centre market is estimated to double by 2027. India currently has 1.4 gigawatts of operational data centre capacity.

Navy Chief calls for collective solutions to maritime challenges in ‘complex & dynamic’ Indo-Pacific

At 11th edition of Indo-Pacific Regional Dialogue in New Delhi, Navy Chief Admiral Dinesh K Tripathi said there are three major currents shaping this maritime 'dynaxity'.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.