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  • Global economy expected to expand by 4% in 2021: World Bank Jan 05, 2021 09:57 PM IST

    Global economy expected to expand by 4% in 2021: World Bank

    Although the global economy is growing again after a 4.3 per cent contraction in 2020, the pandemic has caused a heavy toll of deaths and illness, plunged millions into poverty, and may depress economic activity and incomes for a prolonged period.

  • Post-demonetisation, IMF cuts India's growth to 6.6% Jan 16, 2017 07:42 PM IST

    Post-demonetisation, IMF cuts India's growth to 6.6%

    The IMF today cut India's growth rate for the current fiscal year to 6.6 percent from its previous estimate of 7.6 percent due to the "temporary negative consumption shock" of demonetisation, days after the World Bank also decelerated India's growth estimates.

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