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IMF lowers 2023 global growth forecast to 2.8%, warns of half-decade of low growth

WASHINGTON: The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns. The IMF predicted the global economy will grow by 2.8 percent this year and three percent in 2024,...

IMF lowers 2023 global growth forecast to 2.8%, warns of half-decade of low growth
Oil prices surge after surprise move to cut output

Oil prices surge after surprise move to cut output

Richard Branson’s Virgin Orbit files for bankruptcy after failing to find funding

Richard Branson’s Virgin Orbit files for bankruptcy after failing to find funding

IMF executive board approves $3 billion bailout package for Sri Lanka

IMF executive board approves $3 billion bailout package for Sri Lanka

SVB collapse: a contagion risk?

SVB collapse: a contagion risk?

Silicon Valley Bank collapse: Fears of financial crisis after bank used by tech sector fails

Silicon Valley Bank collapse: Fears of financial crisis after bank used by tech sector fails

Samsung Networks Looking to Enable Private 5G

Samsung Networks Looking to Enable Private 5G

Air India to buy up to $46 billion worth of Jets

Air India to buy up to $46 billion worth of Jets

Adani group halves growth targets, cuts capex post-Hindenburg stock rout: Report

Adani group halves growth targets, cuts capex post-Hindenburg stock rout: Report

Khetan Group selling Carlsberg shares for nearly 98 billion rupees

Khetan Group selling Carlsberg shares for nearly 98 billion rupees

World Bank sees rising risk of global recession in 2023

World Bank sees rising risk of global recession in 2023

Gautam Adani’s business loses $50 billion in market value after short seller report

Gautam Adani’s business loses $50 billion in market value after short seller report

Microsoft to invest $10bn in ChatGPT company OpenAI

Microsoft to invest $10bn in ChatGPT company OpenAI

Chinese technical team visited the location to examine the cross-border railway

Chinese technical team visited the location to examine the cross-border railway

Sharp, long-lasting slowdown to hit developing countries hard

Sharp, long-lasting slowdown to hit developing countries hard

Pele: Brazil football legend dies aged 82

Pele: Brazil football legend dies aged 82

This may be the last Mars photo from NASA’s InSight lander before it dies on the Red Planet

This may be the last Mars photo from NASA’s InSight lander before it dies on the Red Planet

Elon Musk is no longer the richest man on the planet – Forbes

Elon Musk is no longer the richest man on the planet – Forbes

Democrats keep control of US Senate after key win

Democrats keep control of US Senate after key win

India needs $300 billion investments by 2030 to meet 500 giga-watt target

India needs $300 billion investments by 2030 to meet 500 giga-watt target

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World Business

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China gives green light to the world’s largest $137 bn dam on the Brahmaputra River

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Rising concerns over Boeing aircraft crashes: Are safety standards falling short?

Nepal to begin historic electricity export to Bangladesh, strengthening regional cooperation

Nepal to begin historic electricity export to Bangladesh, strengthening regional cooperation

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