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Global Economy: Rising shipping costs to push inflation

by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, International News, Risk Management

Combined with disruptions at a drought-stricken Panama Canal in the Western Hemisphere, the rise in merchant shipping rates poses headwinds for central bankers in their inflation fight Shipping costs are rising as hundreds of container ships that typically transit the...
India to remain fastest-growing major economy in 2024

India to remain fastest-growing major economy in 2024

by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, Features, Policy, Regulation, Risk Management

”After a couple of difficult years, the economic environment is turning more benign with inflation trending down and growth remaining robust. Most forecasts project that growth in 2024-25 would be close to but slightly lower than in 2023-24. The global slowdown...
By 2047, India to remain a lower middle country if growth remains 6%: Rajan

By 2047, India to remain a lower middle country if growth remains 6%: Rajan

by AIP Online Bureau | Dec 16, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Wealth Management/ Philanthropy

“We will start the process of aging at some point around that time, which leads to the alarming question if we don’t grow faster, we will grow old before we grow rich, which means we all have all the burdens of an aging population to deal with also at that...
World Bank’s Banga says geopolitics pose biggest, but not the only, risk to world economy

World Bank’s Banga says geopolitics pose biggest, but not the only, risk to world economy

by AIP Online Bureau | Oct 24, 2023 | Eco/Invest/Demography, International News, Policy, Risk Management

Geopolitical tensions heightened by the Middle East conflict pose the biggest threat to the world economy right now but other risks are also at play. The private sector investment is needed in developing economies but political risks in some of these countries remain...
India to remain fastest-growing major economy in 2024

India to surpass Japan to become 2nd largest eco in Asia by 2030: S&P Global

by AIP Online Bureau | Oct 24, 2023 | Eco/Invest/Demography, Indian News, Policy

India’s nominal GDP measured in USD terms is forecast to rise from USD 3.5 trillion in 2022 to USD 7.3 trillion by 2030. This rapid pace of economic expansion would result in the size of the Indian GDP exceeding Japanese GDP by 2030, making India the second largest...
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