Global Economy News - Latest Updates & Headlines
India and France can make a difference amid fast-changing global economy: EAM Jaishankar
Paris, Feb 11: External Affairs Minister (EAM) S. Jaishankar on Tuesday said that amid the fast-changing global economy, India and France can make a difference, including by motivating the rest of the European Union (EU).
Global oil prices likely to stay in $75 to $80 per barrel range over next 6 months: CareEdge
New Delhi, Feb 6: Crude oil prices are expected to remain range bound at an average of $75-$80 a barrel over the next 6 months, essentially on the back of higher overall global crude oil production aided by increase in crude oil production by the US while demand growth is expected to remain relatively subdued in the backdrop of a slowdown in major global economies, according to a CareEdge Ratings report released on Thursday.
Global leaders call for action on AI and Regional Reforms at World Economic Forum
Davos, January 24: US President Donald J. Trump outlined his strategy to bolster the US economy and "unleash" investment in a wide-ranging speech via live video link to around 3,000 global leaders at the World Economic Forum Annual Meeting in Davos.
Geo-economic fragmentation could cost global economy $5.7 trillion: WEF report
Davos, Jan 23: A new World Economic Forum report released on Thursday highlights significant economic risks from increasing geo-economic fragmentation as countries are increasingly using the global financial and trading systems to advance geopolitical objectives through sanctions, industrial policies, and other economic measures.
India continues to outpace global peers on economic growth: Centre
New Delhi, Jan 18: As the fastest-growing large economy, with steady growth projected at 6.7 per cent over the next two fiscal years, India continues to outpace global peers and cement its position as a leader in economic resilience and progress, the government said on Saturday.
OPEC predicts robust oil demand growth in 2026
Vienna, Jan 15: The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday forecast the global oil demand to grow by a "robust" 1.43 million barrels per day (bpd) in 2026 to 106.63 million bpd.
Nifty, Sensex decline by around 0.9% in opening trade, experts believe pessimism to ease post Jan 15
Mumbai, January 13: Indian stock markets continued their downward trend on Monday, with bears dominating the opening session.
IMF chief says global economy faces heightened uncertainty on US trade policy
Washington, Jan 11: International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned that global economy in 2025 faces heightened uncertainty due to economic policies, particularly the directions of US trade policy.
Global growth to remain subdued in 2025, warns United Nations
New York, January 10: The United Nations has warned that global growth is expected to remain subdued in 2025 due to ongoing uncertainty, as outlined in its World Economic Situation and Prospects (WESP) 2025 report released on Thursday.
India retains title of world's fastest-growing large economy with growth projected at 6.6 pc: UN
United Nations, Jan 10: "India would again be the fastest growing large economy in the world" with a projected annual growth rate of 6.6 per cent, according to Hamid Rashid, the UN head of Global Economic Monitoring.
UN report pegs India's GDP growth at 6.6 pc for 2025, China seen slowing to 4.8 pc
New Delhi, Jan 9: India's economy is projected to grow by 6.6 per cent in 2025, following an estimated expansion of 6.9 per cent in 2024, largely driven by private consumption and investment, according to the UN World Economic Situation and Prospects (WESP) 2025 report released on Thursday