India continues to remain the world’s fastest-growing major economy and the only country expected to clock over 6 per cent growth in the next two years, according to an IMF report released on Tuesday, which has trimmed the growth forecast for over 120 countries.
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will embark on an official visit to the United States and Peru tonight.
Sharif also announced a reduction in commodity prices of industrial units by Rs 7.59 during a special event attended by cabinet members and business community on Thursday.
Several ambassadors and top diplomats from Islamic nations attended a 'Sadhbhavana Iftar' hosted by the Indian Minorities Federation (IMF) in New Delhi on Thursday evening, lauding India's cultural heritage, harmony and Prime Minister Narendra Modi's commitment to 'Sabka Saath, Sabka Vikas, Sabka Vishwaas' initiative to reach all communities.
Ukraine’s recent debt restructuring stands as testament to its resilience amid adversity. Faced with the immense financial strain of a protracted conflict with Russia, Ukraine’s ability to negotiate one of the largest and fastest debt restructurings in modern history highlights the determination and strategic acumen of its economic leaders.
Sri Lanka is approaching a critical juncture as it prepares for its presidential election on 21 September 2024.
The International Monetary Fund (IMF) on Tuesday raised India's GDP growth forecast for 2024-25 to 7 per cent from 6.8 per cent projected earlier on the back of “improving private consumption, particularly in rural India".
The UN body expects gross domestic product (GDP) growth in FY26 to slow down to 6.5%, same as projected in its April World Economic Outlook (WEO).
India has also adopted another two-pronged approach to promote change: Setting up a fund with the UN for developing countries and working with the BRICS on the New Development Bank.
