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AYHAN KOSE DIRECTOR
'Global commodity prices may hit 6-yr low in 2026'Global commodity prices are set for a significant drop, reaching a six-year low by 2026. This decline is driven by slowing global economic ...
World Bank predicts India dhoom amid global gloomThe World Bank has revised India's FY26 growth forecast downward to 6.3%, citing weaker exports and rising global trade barriers, although ...
'Need to quicken debt resolution process for poor countries': World Bank deputy chief economist Ayhan KoseMore proactive debt resolution is necessary for low-income countries, says World Bank's Ayhan Kose. The 26 poorest nations face record high...
World Bank warns of 'lost decade' in global growth without bold policy shiftsFailure to reverse the expected broad-based slowdown in potential gross domestic product (GDP) growth would have profound implications for ...
Global economy to plunge into worst recession since WW-II: World BankThe Covid recession is the first since 1870 to be triggered solely by a pandemic, World Bank president said.
India's economy to contract by 3.2 per cent in fiscal year 2020-21: World BankThe Washington-based multilateral lender said that the COVID-19 pandemic and the multi-phased lockdown imposed to curb its spread has resul...
India's GDP expected to grow at 7.3% in 2018-19China's economic growth is projected to slow down to 6.2 each in 2019 and 2020 and 6 per cent in 2021, according to the January 2019 Global...
Developing economies must get ready to cope with possible turbulence: World Bank officialKristalina Georgieva, the World Bank's CEO, said the global growth is moderating from 3 per cent to 2.9 per cent in 2019. That is still a r...
Skies darkening over global economy: World BankAccording to the report, global economic growth is projected to soften from a downwardly revised 3 per cent in 2018 to 2.9 per cent in 2019...
Market Movers: World Bank cuts global growth outlook, rupee payment for Iran oil & new tax pain for MNCsThe United States and China will continue trade talks in Beijing for an unscheduled third day on Wednesday.
World Bank forecasts 7.3 per cent growth for India; making it fastest growing economyIndia retains the tag of the fastest growing country among the world's major emerging economies, Ayhan Kose, Director of the Development Pr...
World Bank expects India to grow fastest in FY19India’s growth is forecast to recover to 7.3% in FY19 and 7.5% in the next two fiscals each, according to the World Bank forecast released ...
World Bank says India has huge potential, projects 7.3% growth in 2018India, despite initial setbacks from note ban and GST, will growth by 7.3 per cent in 2018 and 7.5 for the next two years, the World Bank s...
World Bank projects 7.2 per cent growth rate for India in 2017World Bank has revised India's growth figures by 0.4 percentage points as compared to its January forecast, India remains the fastest growi...
Demonetisation effects in India to disappear in medium term: World Bank"Any reform has short-term costs but ultimately reforms will bring long-term gains. In the case of India, we expect whatever the adverse ef...
World Bank raises crude oil price outlookThe report said many resource development projects have been put on hold or delayed in emerging and developing countries because of decline...
Rupee trades lower against US dollarThe domestic currency had ended 12 paise lower at 66.36 against the greenback on Tuesday on fresh demand for the US currency from banks and...
China's challenge is to learn to live with 7% growth rate: World BankChina has adopted measures aimed at containing financial vulnerabilities and unwinding excess capacity and at the same time, stemming a slo...
Developing countries to benefit from oil price slump: World BankIn some countries, the fiscal pressures can partly be mitigated by large sovereign wealth fund or reserve assets, the report said.
Developing countries need to rebuild their fiscal buffers: World BankAccording to the report, governments must have the resources (ie fiscal space) to be able to increase spending during cyclical downturns.