Friday, 20 May, 2022
TopicGlobal growth

Topic: Global growth

Global growth will begin to recover this year but only modestly, World Bank says

Global growth will accelerate marginally to 2.5% this year from 2.4% in 2019, largely because of stabilisation across a few large emerging economies.

Global growth is slowing, World Bank chief says in fresh warning

World economy now looks even weaker than bank’s June forecast for 2.6% growth in 2019, World Bank chief David Malpass says.

WTO cuts global trade forecast to lowest levels in a decade

It’s the third consecutive year the WTO has reduced its expectations for global trade growth, reflecting similar readings from World Bank and IMF.

Global stocks sell-off started in U.S. extends to Indian equities

American futures signaled further declines after a range of economic data dimmed the outlook for global growth.

On Camera

YourTurn

PT Pertamina Balongan refinery in Indramayu, Indonesia | Representational image | Bloomberg

Asian refiners to ramp up gasoline exports to US as sky-high prices beckon

In Asia, gasoline margins have doubled to more than $33 a barrel since the end of March and have edged above those for diesel, which have eased from a peak in early May.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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