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Search Results for: Global Economy

IMF Predicts India, China To Lead Global Economy in 2023

IMF Predicts India, China To Lead Global Economy in 2023

The International Monetary Fund(IMF) predicted that India and China would account for half of the global growth in 2023. According to the latest outlook of the IMF, India will remain the bright spot along with China in the global economy. Both countries witnessed a strong recovery from the Covid19 slowdown and noticed faster economic growth. According…

Stalled Global Trade, Stagnant Global Economy

Stalled Global Trade, Stagnant Global Economy

Exports are the lifeblood of the global economy. After years of steady growth, international trade has encountered significant obstacles. The recent unrest in the Middle East and Eastern Europe has altered global dynamics, resulting in decreased export figures. According to the World Trade Organization’s (WTO) Global Trade Outlook and Statistics report, total global trade declined…

India To Have 8% Share In Global Space Economy By 2033

India To Have 8% Share In Global Space Economy By 2033

India’s Space Economy has been growing steadily for the last few years, and India has made several significant contributions to the field of space exploration. Now, the Chairman of the Indian National Space Promotion and Authorisation Centre ( IN-SPACe), Pawan Goenka has estimated that the Indian space economy will reach more than $44 billion by…

UPI’s Global Expansion, India To Become Trillion Dollar Economy In Few Years Says PM Modi 

UPI’s Global Expansion, India To Become Trillion Dollar Economy In Few Years Says PM Modi 

At the BRICS conference on Tuesday in Johannesburg, Prime Minister Modi declared that India would have a developed economy by the year 2047.  Prime Minister Narendra Modi emphasised India’s advancements in the field of digital payments, including the Unified Payments Interface, or UPI, and enlisted international assistance for the UPI’s international expansion. Modi also promoted…

General Election Result, Good Or Bad For Economy?

General Election Result, Good Or Bad For Economy?

The general elections of the biggest democracy in the world, India, have commenced, and the BJP-led NDA (National Democratic Alliance)  has successfully gained the majority to hold power for the third consecutive time. PM Modi is the only national leader other than Jawaharlal Nehru to become the nation’s prime minister thrice. However, the uncertainty in…

UPL: From Local to Global Agrochemical Solutions 

UPL: From Local to Global Agrochemical Solutions 

The agrichemical industry in India has undergone a dynamic transformation, evolving from a nascent sector into a global powerhouse. Spearheading this revolution is United Phosphorus Limited (UPL), which has strategically positioned itself as the world’s fifth-largest agrochemical company. UPL’s ascent is attributed to its relentless focus on sustainable agricultural practices, extensive research and development, and…

Global HR Crisis Response 

Global HR Crisis Response 

“69% of business leaders reported experiencing a crisis over a period of five years, with the average number of crises being three.” – PWC Businesses revolve around uncertainties and are bound to fall for setbacks and encounter crises with rapidly evolving business segments. In the context of crisis scenarios, startups and companies are exposed to…

Striking a Balance Between Globalisation and Self-Reliance to Stay Ahead of the Field

Striking a Balance Between Globalisation and Self-Reliance to Stay Ahead of the Field

Globalisation has changed the world in more ways than one. It took 1,000 years for paper to spread from China to the rest of Europe. Today, the world has become more integrated and connected, and the propagation of information has become faster than ever before. Along with this, globalisation has also increased the dependence on…

From Bangalore to the Bay Area: Global Perspectives on Indian Tech

From Bangalore to the Bay Area: Global Perspectives on Indian Tech

India’s tech landscape has undergone massive change in the last few years, transforming from a local IT hub to a global centre for innovation and entrepreneurship. From Bangalore, the “Silicon Valley of India,” to the Bay Area of California, Indian tech talent has made a mark on the global stage. According to recent statistics, India…

Most Inspiring Global HR Leaders 2024: What Makes Them Different?  

Most Inspiring Global HR Leaders 2024: What Makes Them Different?  

Globalisation is a major force of change that significantly affects human resources and has an impact on a company’s structure. It has compelled certain HR departments to recruit, train, oversee, and move employees across various international locations while ensuring adherence to legal requirements in different jurisdictions. Additionally, it has introduced a fresh set of challenges…