Asian Markets Remains Steady While Kiwi Dollar Falls
Asian stocks are keeping a close eye on the US inflation test results, due this week. The US inflation tests can determine the country’s interest rates, which could affect investors globally. The Asian stocks remained steady while the New Zealand dollar fell a few steps. Moreover, the Central Bank of New Zealand kept a steady…
abhinav singh
World’s Largest Economies: Richest Nations In The World
International Monetary Fund has declared the ‘Largest economies in the world’ list based on the countries’ nominal GDPs. The list is filled with the usual contenders like India, China, Germany, Japan, and the United States Of America. In this blog, we will go through the list and will tell you about the largest economies in…
Shipra Prajapati
India Is On The Path To Become Third-Largest Economy
On the episode of Newstrack, Forum President Borge Brende had a discussion with Microsoft Vice-Chairman and President Brad Smith about India’s efforts to become a catalyst in establishing a new global order. Borge Brende mentioned that India will become the world’s third-largest economy in just a few years. He also said that India will surpass…
Vishal Prajapati
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…
SHAHID MUSHTAQ
Sitharaman To Attend IMF, World Bank Meetings In USA
Finance Minister Nirmala Sitharaman will attend several meetings on her visit to the United States. Among them, two significant meetings are the International Monetary Fund (IMF) and the World Bank, which will more likely deliberate on the current global economy. These meetings aim to highlight India’s policy priorities and showcase India’s attractiveness as an investment…
India Becomes World’s 5th Largest Economy- Beats The UK
India has left behind the United Kingdom to become the world’s 5th largest economy. As per IMF projections, India is now following only the United States, China, Japan, and Germany in terms of economy. A decade ago, India was ranked 11th position among the largest economies, while the United Kingdom ranked on fifth place. With…
Krishnamurthy Subramanian Appointed As Executive Director At IMF
Former Chief Economic Adviser, on Thursday, was appointed as the Executive Director of India’s International Monetary Fund (IMF) for the period of three years, effecting from 1 November 2022 until further orders. Mr Subramanian, currently a Finance Professor at the Indian School of Business, will replace Surjit S. Bhalla, who was appointed in 2019 for…
IMF Appoints Krishna Srinivasan As Director Of APD
Kristalina Georgieva, Managing Director, International Monetary Fund reported the appointment of Krishna Srinivasan as Director of the Asia and Pacific Department. Mr Srinivasan will take charge from June 22. As per an IMF statement, Mr Srinivasan will replace Changyong Rhee who is all set to retire and his retirement was announced on March 23. In…