AI investment boosts growth prospects for Asian economies: IMFIMF Managing Director Kristalina Georgieva said artificial intelligence infrastructure investment is supporting global growth at around 3%,...
- 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...
World economic growth to slow to 2.6% in 2026, UN trade body saysGlobal economic growth is projected to slow to 2.6% in 2026 amid energy shocks from the Middle East crisis. Trade in goods and services is ...
Govt fast-tracks safer AI blueprint, paper on regulation out in a monthSpeaking at a World Bank group event, Vaishnaw said the paper will be released in one month, and will focus on AI safety, humanity, skillin...
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...
El Nino could rank among strongest since 1950, peak in December, last through February: UN bodyEl Nino is forecasted to intensify and peak by December, lasting through February 2027. Sea surface temperatures are expected to reach unpr...
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, ...
There could be a pretty big global shock, says Nobel laureate & economist Michael SpenceMichael Spence highlights the economic growth of India and China, noting India's potential growth trajectory. He emphasizes India's advance...
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...