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China, once known for churning out cheap products for Western shelves because of its cheap labour, is weighed down by a deep property slump and a consumer recovery that has…
Sri Lanka’s fragile post-default recovery is facing its most serious test yet, with Moody’s Ratings warning that the island is now the most credit-exposed economy in South and Southeast Asia…
The Office of the Executive Director for India and the Embassy of India in Washington, DC, jointly hosted Diwali celebrations at the World Bank headquarters, in partnership with the State…
The world economy has shown remarkable resilience over the past six months despite trade disruptions, tightening financial conditions, and ongoing geopolitical uncertainty, according to International Monetary Fund (IMF) Managing Director…
The International Monetary Fund (IMF) has projected that India’s economy will expand by 6.6 percent in 2025, moderating to 6.2 percent in 2026, according to its latest Regional Economic Outlook…
Acknowledging the persistent global uncertainty stemming from “geopolitical tensions, policy uncertainty, and high government debt levels” in advanced economies, India’s Reserve Bank Governor, Sanjay Malhotra, affirmed that inflation in India…
World Bank Group President Ajay Banga announced that the institution aims to double its agribusiness commitments to $9 billion annually by 2030, with plans to mobilize an additional $5 billion…
The Commonwealth Finance Ministers convened on October 13, 2025, during the Annual Meetings of the World Bank and International Monetary Fund (IMF) in Washington, D.C., to chart strategies for addressing…
Marie Louise Kelly, veteran radio journalist and National Security Correspondent for National Public Radio (NPR), shared insights from her career and personal journey during a conversation with Director of Corporate…
S&P Global Ratings on July 25, 2025, affirmed Bangladesh’s long-term sovereign credit rating at ‘B+’ and its short-term rating at ‘B’, with a stable outlook, citing improved external liquidity and…
S&P Global Ratings has upgraded Pakistan’s long-term sovereign credit rating to 'B-' from 'CCC+', on July 24, 2025, citing improved external liquidity and fiscal consolidation supported by international aid and…
India’s Permanent Representative to the United Nations, Ambassador Parvathaneni Harish, has urged the global community to impose a “serious cost” on states that undermine the “spirit of good neighborliness” by…
The International Monetary Fund (IMF) announced that First Deputy Managing Director (FDMD) Gita Gopinath will step down at the end of August to return to Harvard University. She will assume…
The escalation in the conflict between Israel and Iran, marked by Israeli strikes on Iranian military and nuclear facilities and the reported deaths of high-profile Iranian military figures, is sending…
