Global Market: Lagarde says France must tackle debt woes through fiscal consolidationECB President Christine Lagarde stated on Wednesday that France must tackle its ballooning debt and deficit through domestic fiscal consoli...
IMF's bullish call: Why is India sprinting when the world stumbles?The IMF has raised India's growth forecast to 7% for both FY27 and FY28, highlighting the country's resilience despite higher oil prices an...
IMF raises India’s FY27 growth forecast to 7%The International Monetary Fund has increased India's economic growth projections for FY27 and FY28 to 7%. This adjustment reflects resilie...
Japan finance minister named as next chair of World Bank-IMF joint development committeeSatsuki Katayama has been appointed as the next chair of the World Bank-IMF joint development committee. She is the first Japanese finance ...
IMF says AI investment keeps global growth around 3%, with major Asia benefitsStrong investment in artificial intelligence infrastructure is helping keep global economic growth at around 3%, despite disruptions to ene...
- Singapore's President warns of AI's risk to employment for fresh graduates
During the IMF and World Bank annual meetings in Bangkok, Singapore President Tharman Shanmugaratnam raised concerns about the shrinking jo...
Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
World Bank in talks with 30-40 countries over aid to tackle Middle East energy shockThe World Bank is in talks with numerous countries to address energy price increases stemming from the Middle East crisis. While the global...
Only 4% of Indian jobs at risk from AI disruption, far below developed markets: World Bank Group EDSpeaking to on the sidelines of the IndiaAI Mission and World Bank Group's India launch of the World Development Report 2026, Mishra said t...
India can unlock AI gains by opening up enterprise data, says World Bank's Neelkanth MishraNeelkanth Mishra from the World Bank Group highlighted the issue of enterprise data accessibility in India. He stated that 99 percent of co...
Growth hinges on local reforms, not protectionism: Indermit GillIndia holds a unique opportunity to enhance its economic growth but must address internal challenges effectively. Rapid reform and the effi...
World Bank bumps up FY27 India growth outlook to 7.1%The World Bank has increased the growth forecast for India's FY27 to 7.1% from earlier estimates. This revision is attributed to strong dom...
India among top 10 emerging markets in AI readiness; private AI investment triples: World BankIn its latest report titled 'India and Artificial Intelligence: Seizing the Development Opportunity', the World Bank said private investmen...
India among top 10 emerging markets in AI readiness; private AI investment triples: World BankIndia ranks among the top 10 emerging markets for AI readiness, supported by its large tech workforce, expanding GCC ecosystem and digital ...
World Bank flags oil, El Niño and global market risks to growthThe World Bank has revised its growth forecast for South Asia, projecting a robust 6.9% by 2026, driven by a surge in consumer demand. Indi...
World Bank raises India FY27 growth forecast to 7.1%, flags oil, El Niño risksThe World Bank has upgraded India's economic growth forecast to 7.1% for fiscal 2026-27. This change reflects strong domestic consumption, ...
Fuel subsidies may top $1 trillion: UNThe UNDP analysis - which looked at data from the World Bank, the International Monetary Fund and the International Energy Agency - found t...