Breaking News

World Bank warns global economy could easily tip into recession in 2023

Admin - 2 years ago
Business

The World Bank on Tuesday slashed its 2023 growth forecasts saying that it now expected global GDP growth of 1.7% in 2023, the slowest pace outside the 2009 and 2020 recessions in nearly three decades. In June 2022, the bank had forecast 2023 global growth at 3.0%. The bank also warned of major slowdowns in advanced economies.

  • Latest
  • Videos
  • Gallery

You Also May Like

Ola Electric to refund 130 crore...

Admin - 2 years ago

Ola Electric will reimburse approximately ₹130 crore to customers who bought its EV charger, CNBC-TV18 reported. The move is reportedly...

Read More Technology

MG Motor India to dilute majority...

Admin - 2 years ago

MG Motor India on Wednesday announced plans to offer majority stake to local partners over the next 2-4 years. The...

Read More Technology