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India is in a very Fortunate Place Today: Surjit Singh Bhalla, IMF India

The ‘Ideas of India’ summit promises an invigorating line-up of speakers with figures from the world of business, politics, artists from the Hindi film industry, authors and other eminent sectors. ....

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IMF: Intergovernmental Group Of Twenty-Four On International Monetary Affairs And Development

<p><span>1. Multiple compounding crises have severely darkened the global economic outlook and development prospects. Global growth is slowing, and poverty, hunger, water scarcity, cost of living pressures and food and energy insecurity have increased alarmingly, deepening the existing challenges in the global economy as well as exacerbating fragilities in Fragile and Conflict-Affected States (FCS). Persistently high inflation and spikes in food and energy prices, exacerbated by the conflict in Ukraine, have disproportionately harmed vulnerable households and the poor. Downside risks to prospective growth have risen leading to fears of a global recession.</span></p> ....

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IMF chief cleared of charges she manipulated report to favour China

The Executive Board has cleared International Monetary Fund s (IMF) chief Kristalina Georgieva of allegations that she manipulated a World Bank report to favour China while she was its CEO.The exoneration of Georgieva, who is the IMF Managing . ....

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Covid's Indian onslaught | Wall Street International Magazine

16 May 2021,
India suffocates and buckles at the knees under the worst wave of coronavirus the world has seen
We continue on the same yellow brick road to development, paying homage to the same model, which makes humanity much poorer and pushes our planet further away from reasonable and fulfilling living. Poverty, as defined by economists, has certainly fallen and fantastic things happen as a result of the great creative talent of human beings. The imbalance, however is far too great. The existential threats are enormous.
When the World Health Organization determined that the Covid-19 outbreak was a pandemic (March 11
th, 2020), globalization was in full swing, racism persisted, migrants were everywhere on the high seas, climate change was warming up the planet, declarations were crumbling and elections were on the agenda. ....

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