global economic challenges News

World Bank Revises India's Economic Growth Down to 6.3% for FY26 Amid Global Challenges

The World Bank has revised India's GDP growth forecast for FY2025-26 down to 6.3%, citing global economic headwinds and domestic policy uncertainties. The report also highlights ad...

South Korea Embraces Active Fiscal Policy Amid Economic Slump to Revive Growth and Competitiveness

South Korea shifts to an active fiscal policy to combat economic slowdown, focusing on growth through strategic investments in technology and social safety nets, amid global econom...