GDP will grow just 0.5 per cent in 2024, International Monetary Fund predicts. Analysts also found GDP of UK has largely been boosted by migrant workers. UK slipped into recession at end of last year but is now on its way to recovery
The upward revision reflects upgrades for China, the IMF said, where it expects policy stimulus to provide support.
The International Monetary Fund has reviewed upwards Nigeria’s economic growth forecast for 2024 from three per cent to 3.3 per cent. This revision was announced in the IMF’s World Economic Outlook for April, which was released during the ongoing 2024 Spring Meetings of the World Bank and IMF in Washington, United States. The updated forecast Read More
Former Tech Mahindra India business head Jagdish Mitra has set up an AI startup with a proposed initial investment of Rs 65-80 crore. The startup is likely to commence operations in the next three months. We will start going to customers in 8-12 months. Initially, we will invest USD 8-10 million, Mitra -- one of the contenders for the post of Tech Mahindra CEO position after CP Gurnani resigned -- told PTI. Cost arbitrage factor, driven by manpower, is going to be seriously impacted. It...
Policy continuity is crucial if it wants to be the world's fastest growing economy for the next five years, Rob Subbaraman of Nomura said.
The Senate unanimously confirmed Bill Cork as Gov. Tate Reeves' pick for a permanent chief economic development officer, despite a background report provided to senators that he "created a toxic workplace" and had faced complaints including sexual harassment and creating a hostile work environment.
The NBA playoff bracket is set with 16 teams in the running for the Larry O'Brien Trophy
A former employee has accused the Premier League of racial discrimination. His case will be heard at a tribunal, with Richard Masters involved as a witness. Can Arsenal win a trophy for progress? The Gunners have recovered but there's the final hurdle - Listen to the
Dobbins suffered a season-ending Achilles tear in the 2023 season opener against the Texans, managing only eight carries for 22 yards before his campaign was cut short.
Saif Rubie is accused of sending a threatening email to Marina Granovskaia. In his trial, Rubie has claimed Abramovich is a 'close ally of Vladimir Putin'. Arne Slot needs to be his own manager. Replacing Jurgen Klopp is an impossible job. Don't try to emulate him - Listen to the
Good news for those of us who love Animal Crossing and Legos. Starting August 1st, Lego is launching two new Animal Crossing sets and a minifig of one very special canine crooner. Lego teased the news on its X account, which shows K.K. Slider doing his thing and a brief glimpse of the two new sets. (Amusingly, Lego notes that the K.K. Slider minifigure does not actually move or sing. Bummer.) K.K. Slider is part of a fall-themed Town Hall set, which includes Isabelle and Audie. There’s also a...
Two new LEGO Animal Crossing sets have been revealed ahead of launching