World Bank downgrades 2022 global growth forecast to 2.9 pc, warns of stagflation risk

Jun 07, 2022

Washington [US], June 7 (ANI/Xinhua): The global economy is on track to grow by 2.9 percent in 2022, down 1.2 percentage points from the...

Growth slowing but risk of stagflation in India low: Finance Ministry

Jun 20, 2022

New Delhi [India], June 20 : There is a "distinct possibility" of widespread stagflation in the world, but in India, the risk of stagflation...

World Bank warns Israel-Gaza conflict may surge commodity prices

Nov 16, 2023

New Delhi [India], November 16: The ongoing conflict between Israel and Hamas, with its roots extending back over seven decades, continues to cast a...

Risk of global recession rises amid simultaneous interest rate hikes: World Bank

Sep 16, 2022

Washington [US], September 16 : As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging...

Pandemic poses risk to decade of progress in health, education, child survival: World Bank

Sep 17, 2020

Washington [US], September 17 (ANI/Sputnik): A decade of growth of the Human Capital index, defined by improvements in health, education and child survival rates,...

Global economy braces for slowest growth in three decades, World Bank report warns

Jan 10, 2024

Global growth is projected to decelerate for the third consecutive year, dropping from 2.6 per cent in the previous year to 2.4 per cent...