Wednesday, October 4, 2023

economies

World Bank warns of recession as Ukraine war hits economies already rocked by Covid

Countries around the world are facing recession as the Ukraine war hits economies already rocked by the Covid pandemic, the World Bank has warned, media reported. Less developed countries in Europe and east Asia face a "major recession", BBC reported. The...

India can withstand monetary policy normalisation by large economies: Survey

With forex reserves of over USD 630 billion and plenty of “policy room” to deal with the situation, India can withstand normalisation of monetary policy by central banks of large economies like the US Federal Reserve, the Economic Survey...