developing countries

India, Bosnia and Herzegovina Hold 4th Foreign Office Consultations

November 29, 2024

India and Bosnia and Herzegovina recently conducted their fourth Foreign Office Consultations in Sarajevo. It was led by Arun Kumar Sahu from India and Tarik Bukvic from Bosnia and Herzegovina. Participants and Leadership The Indian delegation was headed by Arun ..

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Global Matchmaking Platform Launches at COP29

November 28, 2024

The Global Matchmaking Platform (GMP) was launched during Energy Day at COP29, which is a collaboration between the United Nations Industrial Development Organization (UNIDO) and the Climate Club. It aims to address emissions from high-polluting industries. An important funding gap ..

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ADB to Boost Climate Lending by $7.2 Billion with First-Ever U.S., Japan Guarantees

November 13, 2024

The Asian Development Bank (ADB) is set to increase its climate-related lending. This follows an agreement between the United States and Japan to underwrite risks for existing loans. This initiative marks the first instance of sovereign guarantees for climate finance. ..

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IMF: India’s Inflation will fall to 5% in 2023, 4% in 2024

January 31, 2023

The International Monetary Forum recently released the World Economic Outlook. According to the report, the Inflation in India is to reduce to 6.8% in March 2023. Further by the end of 2023, the inflation will reduce to 5%. In 2024, ..

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PM Modi to attend 12th BRICS Summit

November 16, 2020

On November 17, 2020, Prime Minister Narendra Modi is to attend the 12th BRICS summit that is to be hosted by Russia. The summit is to be held under the theme “Global Stability, Shared Security and Innovative Growth”. The BRICS ..

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IMF: World Economic Outlook

June 25, 2020

On June 24, 2020, the International Monetary Fund projected a sharp decline in the growth of Indian Economy. According to the IMF, the Indian economy is to contract by 4.5%. Highlights According to IMF, though India’s growth is to decline, ..

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Global Economic Prospects Report, 2020 by World Bank

June 4, 2020

The World Bank recently launched the Global Economic Prospects Report, 2020. The report highlighted the impact of COVID-19 on countries. Key findings of the report The report says that the Emerging Market and the Developing Economies are highly vulnerable. They ..

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India to attend NAM Summit

May 4, 2020

On May 4, 2020, PM Modi will attend the NAM Summit representing India through a video conference. The Summit is to discuss COVID-19 challenges and solutions. Highlights This is the first NAM Summit being attended by the Mr Modi since ..

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