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IMF raises India’s GDP growth forecast marginally to 6.3 pc for FY24

IMF raises India’s GDP growth forecast marginally to 6.3 pc for FY24

by AIP Online Bureau | Oct 10, 2023 | Eco/Invest/Demography, Indian News, Policy

‘Growth in India is projected to remain strong, at 6.3 per cent in both 2023 and 2024, with an upward revision of 0.2 percentage point for 2023, reflecting stronger-than-expected consumption during April-June,” the ‘World Economic Outlook’...

IMF, World Bank to step up cooperation on climate, debt, digital transition

by AIP Online Bureau | Sep 8, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Policy

The joint IMF-World Bank statement said the two institutions would collaborate on climate change on a “more structured and institutionalized footing. IMF, World Bank to step up cooperation on climate, debt, digital transitionThe International Monetary Fund and...

Growth slowdown concentrated in advanced economies: IMF

by AIP Online Bureau | Jul 26, 2023 | Eco/Invest/Demography, International News

India is estimated to account for one-sixth of global growth this year. “India is a country with growth — very strong and continuing to be strong. It’s about — one sixth of total global growth is accounted for by India right this year, and...

IMF increasingly worried about ‘material’ impact of climate change on economies

by AIP Online Bureau | Jul 25, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

IMF Chief Economist Pierre-Olivier Gourinchas said extreme weather events, including heat waves facing Europe and other regions, and this year’s El Nino weather pattern, which could lead to heavy rainfall or temperatures, would affect crop yields and the ability...
India calls for global coordination to effectively regulate cryptocurrency

India calls for global coordination to effectively regulate cryptocurrency

by AIP Online Bureau | Apr 25, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology, Wealth Management/ Philanthropy

Nirmala Sitharaman,Union Finance Minister “The underlying principle is because the digital currencies are completely digitalised and technology-driven, the technology, which is very distributed, and sometimes identity is very difficult to be established, but...
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