India's goal of becoming the third-largest global economy necessitates a more ambitious vision for its technology-driven sectors to achieve a USD 500 billion target in electronics manufacturing by FY 2030 which would create as many as 6 million jobs
The global economic landscape in 2024 has presented central banks with a challenging conundrum
Fitch Ratings on Tuesday revised its growth forecast for the global economy to 2.6 per cent from the earlier projected 2.4 per cent in the March 2024 Global Economic Outlook.
In the ever-evolving landscape of the fashion industry, the need for sustainability has emerged as a clarion call for change.
The forecast for the global economy in 2024 unveils a nuanced narrative. The looming spectre of a slowdown, as projected by major banks, draws attention to multiple contributing factors.
The global economy is heading for the weakest period of growth since 1990 as higher interest rates set by the world's top central banks drive up borrowing costs for households and businesses, the head of the International Monetary Fund has warned, a media outlet reported.
"That's a world recessions could happen under certain circumstances," Malpass said.
All three major US stock indexes fell Friday, capping a week where the S&P 500 declined 4.8 per cent and the Dow Jones Industrial Average dropped 4.1 per cent.
The boost in digitization brought about by the pandemic could increase productivity but also create structural unemployment and social tensions, Malaysia pointed out.
Despite some positive developments that give hope, there is much that should weigh heavily on the conscience of the human race including impending systemic collapse, the crash of the global economy and widespread suffering.
