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Amid Israel-Hamas conflict, IMF outlook worsens for a 'limping' world economy

The IMF said it expects global economic growth to slow to 2.9% in 2024 from an expected 3% this year.

Israel pounded Hamas targets in Gaza. (AFP)
Published on Oct 10, 2023 04:50 PM IST
AP |

World lands, G20 takes off

The two-day summit starting today will cap India’s attempt to foster equitable growth at a time of growing friction in the world and a division over framing text on the Ukraine war

Workers at the International Media Center in New Delhi on Friday. (AFP)
Published on Sep 09, 2023 12:37 AM IST

Cleaning up of NPA mess will propel the economy

The banking sector has made significant progress in addressing the NPA crisis representing a shift towards a more transparent and responsible financial future.

 The NPA situation in India before 2014 was severe. (Getty Images/iStockphoto)
Published on Jul 24, 2023 09:33 PM IST

India, China to account for half of global economic growth in 2023: IMF

The period of slower economic activity will be prolonged, with the next five years witnessing less than 3 per cent growth.

IMF chief warned that a sharp slowdown in the world economy last year.(Getty Images)
Updated on Apr 07, 2023 11:51 AM IST

IMF chief expects less than 3% global economic growth in 2023

Kristalina Georgieva said the period of slower economic activity will be prolonged, with the next five years of growth remaining around 3%.

Kristalina Georgieva, managing director of the International Monetary Fund (IMF).(Bloomberg)
Published on Apr 06, 2023 10:00 PM IST
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