India is in a good place but global economy is getting weaker, riskier: ​World Bank ​chief economist ​Indermit Gill

India is in a good place but global economy is getting weaker, riskier: ​World Bank ​chief economist ​Indermit Gill

There is now a consensus that interest rates are going to be higher for longer, but there is less agreement about how much higher and how much longer, said Indermit Gill, chief economist, World Bank. In an interview with Deepshikha Sikarwar on the side lines of G20 finance ministers and central bank governors meeting in … Read more

Morgan Stanley warns 2022 global economic growth to be less than half of 2021

Morgan Stanley warns 2022 global economic growth to be less than half of 2021

Morgan Stanley forecasts this year’s global economic growth to be less than half of 2021 due to risks from the Russia-Ukraine conflict and COVID-19 surge in China even as central banks tighten monetary policy to control record high inflation. The brokerage expects global growth to be at 2.9%, about 40 basis points below consensus, compared … Read more