[
world economy
]Latest from world economy
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.
Updated on Apr 07, 2023 11:51 AM IST
PTI |
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%.
Published on Apr 06, 2023 10:00 PM IST
PTI |
Economic slow-down in China likely to drag global growth down: World Bank
The Washington-based multilateral lender predicts that China's economy will help keep the global economy from entering a recession due to an annual growth rate of five percent this year.
Published on Mar 28, 2023 12:31 AM IST
AFP |
Despite mass layoffs, tech jobs still offering high wages
There is no doubt that the tech sector is under strain. In the past two weeks Meta Platforms Inc. announced it was cutting another 10,000 jobs and eliminating 5,000 open roles, Amazon.com Inc. laid off an additional 9,000 workers and job-hunting website Indeed slashed 2,200. But this isn’t an industry under siege.
Published on Mar 25, 2023 07:24 PM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
The ultra-rich lost 10% of fortune in 2022 due to Ukraine war: Study
Europe's ultra-rich were hit hardest, with a 17 percent drop in fortunes there, followed by Australia at 11 percent and the Americas down 10 percent. Africa and Asia got off more lightly, with falls of five percent and seven percent respectively.
Published on Mar 02, 2023 12:46 AM IST
AFP | | Posted by Singh Rahul Sunilkumar
