News
US Inflation Accelerates As Gas, Food, And Rent Prices Rise
3+ hour, 38+ min ago (367+ words) WASHINGTON, DC-Americans are paying more for groceries, gasoline and other everyday necessities as inflation accelerates again, with economists increasingly pointing to geopolitical conflict and energy disruptions as key drivers of rising living costs. The latest data from the US Bureau…...
Rising Crude Prices Weigh Complicates US Policy Path, Impact On Asia Severe
3+ week, 4+ hour ago (538+ words) WASHINGTON, DC- Surging oil prices driven by the ongoing Middle East conflict are clouding the US Federal Reserve's economic outlook, with policymakers warning of rising inflation and uneven global impact, particularly on energy-dependent regions such as Asia. US Federal Reserve Chair…...
India Faces Economic Strain From Iran War Fallout
1+ mon, 4+ week ago (393+ words) WASHINGTON, DC- India's economic momentum is facing a fresh strain as the ongoing US-Israeli war on Iran disrupts its deep-rooted ties with the Gulf, a key pillar of trade, energy supplies, and remittances, according to a New York Times report. Only…...
Jobs Key To Growth, Says World Bank's Ajay Banga, Citing India
1+ mon, 1+ week ago (216+ words) WASHINGTON, DC" World Bank President Ajay Banga on April 10 underscored job creation as central to global development, pointing to models such as India's cooperative sector as scalable solutions. Speaking at the Atlantic Council ahead of the World Bank and International…...
IMF Sees Robust India Growth In 2025
4+ mon, 2+ day ago (316+ words) WASHINGTON, DC- The International Monetary Fund on January 19 raised India's economic growth projection for 2025 by a sharp 0. 7 percentage point to 7. 3 per cent, citing stronger-than-expected performance in the second half of the year, even as it expects growth to moderate in the…...
IMF Says Innovation, Reforms Key To Boosting India's Productivity
3+ mon, 3+ week ago (549+ words) WASHINGTON, D. C. -Strengthening innovation and easing business barriers could sharply raise India's productivity growth and support its goal of becoming an advanced economy, according to a new analysis by the International Monetary Fund. India's productivity growth over the past two decades…...
India Is Key Growth Engine For The World: IMF
4+ mon, 5+ day ago (234+ words) WASHINGTON, DC-India is the key growth engine for the world, the International Monetary Fund (IMF) said on January 15, noting that the country's third-quarter growth came out stronger than expected. "What we have seen in India is that India is a…...
India Projected To Grow 6. 7% In FY26, Fastest Globally: OECD
5+ mon, 2+ week ago (298+ words) NEW DELHI -India'remains the world's'fastest-growing major economy with an expected growth of'6. 7'per cent in 2025-26, driven by higher private consumption and buoyant government expenditure on infrastructure projects, according to the economic outlook report released by the Organization for Economic Co-operation…...
World Bank And IMF Both Raise India's 2025 Growth Projections
7+ mon, 6+ day ago (345+ words) WASHINGTON, DC " The'International Monetary Fund (IMF)'has raised India's growth projection to 6. 6 per cent, an upward trend of 0. 2 percentage points, in its latest Global Economic Outlook report. The IMF, in its report released in Washington on October 14, said that India's…...
Trio Wins 2025 Economics Nobel For Work On Innovation And Growth
7+ mon, 1+ week ago (384+ words) According to the Royal Swedish Academy of Sciences, one half of the prize went to Mokyr "for having identified the prerequisites for sustained growth through technological progress," while the other. .. Trio Wins 2025 Economics Nobel For Work On Innovation And Growth…...