global economic challenges News

UK's Fiscal Stability at Risk: OBR Warns of Daunting Challenges Ahead

The OBR's latest report warns of the UK's continued fiscal vulnerability, highlighting limited progress in stabilizing the economy and the daunting array of risks facing the nation...

Finance Secretary Ajay Seth Advocates for Agility and Fiscal Prudence in Navigating Global Economic Challenges

Finance Secretary Ajay Seth discusses India's economic resilience, the importance of fiscal prudence, and the need for agility in navigating global challenges. With growth projecti...

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...