Indians Account for 80% of Those Who Became Poor Globally in 2020 Due to COVID-19: World Bank
New Delhi: A study by the World Bank has concluded that nearly 80% of people who slipped into poverty in ...
Tag: economy
ADB lowers India’s growth forecast to 7% for 2022-23
New Delhi: The Asian Development Bank on Wednesday lowered its growth forecast for India for 2022-23 to 7% from 7.2% ...
Global recession looms amid broadest rate hikes in five decades: World Bank
Washington: The world economies may fall into a global recession next year amid aggressive monetary policy tightening by central banks ...
Japan likely to relax travel restrictions on foreign tourists to lift economy
Tokyo: Japanese officials may further relax border controls for foreign travellers as a way to boost its economy, local reports ...
China’s economy shrinks 2.6% during virus shutdowns
Beijing: China’s economy contracted in the three months ending in June compared with the previous quarter after Shanghai and other ...