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Global economic growth to drop 4.4% after slowdown in U.S. and China: report

A new report by International Monetary Fund (IMF) shows reduced rate of global economic growth at 4.4 percent, lower than its earlier prediction of 4.9 percent. The report states that the larger than expected lockdowns in United States (U.S) and China are responsible for this reduction.  “We project global economic growth this year at 4.4 […]

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Economic & Finance Foods & Agricultural Market Overview World Affairs

World Bank relies on India’s fast economic growth

India (Business Desk) Despite the lazy authority GDP figures of the last quarter, the World Bank has kept India’s development rate estimate for 7.5% for the current financial. Not just this, the World Bank has said in it’s Global Economic Prospects’ report that even in the following two financial years, India’s development rate could be […]

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