World is expected to grow at 5.9% in 2021 and 4.9% in 2022, according to the World Economic Outlook update
Consumer prices may recede to pre-pandemic levels by the middle of next year
The IMF said that many of these entities lack strong operational, governance and risk practices.
Decentralised finance could become a platform for more innovative, inclusive, and transparent financial services
India’s growth rate of exports was higher than that of China and Vietnam, though their revenues were higher at $15.5 billion and $8.8 billion respec
Overseas, Asian stocks traded lower on Wednesday, with stocks in Hong Kong struggling to recover from a two-day rout.
For 2022-23, IMF expects economic growth of 8.5%, larger than the 6.9% it had projected in April
The reserves surged to a record $605.008 billion in the reporting week, helped by a rise in foreign currency assets
The paradox, if any, is not the brute force of these investments that have taken valuations higher, but the strengthening of the underlying companies
Most of the reserves are usually held in US dollars given the currency’s importance in the international financial and trading system