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Economic

Tech Boost

Karnataka’s recent draft policy to double the number of Global Capability Centres (GCCs) by 2029 marks a pivotal moment in India’s evolving role in the global technology and business process outsourcing landscape.

US Slowdown

The rise in the US unemployment rate to 4.3 per cent, a near three-year high, underscores significant changes in the global economic landscape.

Sri Lanka’s economic recovery continues: IMF

Sri Lanka's economic recovery continues with real gross domestic product (GDP) posting three consecutive quarters of expansion, and growth accelerating to 5.3 per cent year-on-year in the first quarter of 2024, the International Monetary Fund (IMF) said on Friday.

Balancing Act

The Reserve Bank of India (RBI) has maintained its resolute stance on inflation control, holding the key lending rate at 6.5 per cent for the fourth consecutive policy meeting.