INDIA'S GROWTH PEGGED AT 6.6% IN FY25, RESILIENT DEMAND IS KEY
The Daily Guardian|April 03, 2024
A midst further deceleration in global growth this year, lagged and ongoing effects of tight monetary policy, restrictive financial conditions and feeble global trade and investment, India is one of the key exceptions among emerging market and developing economies (EMDES) which are set to make limited progress catching up to advanced economy levels of per capita income and is expected to grow by 6.6 per cent in the current fiscal year 2024-25 after an estimated growth of 7.5 per cent, the World Bank's Global economics Prospect projected on Tuesday.
NIVEDITA MUKHERJEE
INDIA'S GROWTH PEGGED AT 6.6% IN FY25, RESILIENT DEMAND IS KEY

Global growth is set to slow further this year, amid the lagged and ongoing effects of tight monetary policy, warns the report with downside risks to the outlook including an escalation of the recent conflict in the Middle East and associated commodity market disruptions, financial stress amid elevated debt and high borrowing costs, persistent inflation, weaker-than-expected activity in China, trade fragmentation, and climate-related disasters. Against this backdrop, policy makers around the world face enormous challenges. At the global level, cooperation needs to be strengthened to provide debt relief, facilitate trade integration, tackle climate change, and alleviate food insecurity.

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UN approves US-drafted proposal supporting Gaza ceasefire
The Daily Guardian

UN approves US-drafted proposal supporting Gaza ceasefire

Amid rising tensions in West Asia due to the Israel-Hamas war, which is in its eighth month now, the United Nations Security Council passed a resolution vote on the US proposal for a permanent ceasefire and release of the hostages in Gaza on Monday (local time).

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BRICS CALLS FOR ENHANCED USE OF LOCAL CURRENCIES IN TRADE
The Daily Guardian

BRICS CALLS FOR ENHANCED USE OF LOCAL CURRENCIES IN TRADE

The BRICS ministers of Foreign Affairs met in Russia's Nizhny Novgorod on Monday and held a plethora of discussions, including an important one on the enhanced use of local currencies in trade and financial transactions between the BRICS countries.

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PAKISTAN ARRESTS 85 AFGHAN NATIONALS FOR ILLEGALLY CROSSING BORDER
The Daily Guardian

PAKISTAN ARRESTS 85 AFGHAN NATIONALS FOR ILLEGALLY CROSSING BORDER

As many as 85 Afghan nationals have been arrested by security forces in the border district of Chagai district for allegedly crossing into Pakistan illegally, according to officials, Pakistan-based Dawn reported.

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SC Collegium Recommends Appointment Of 2 Additional Judges Of The Gauhati High Court As The Permanent Judges
The Daily Guardian

SC Collegium Recommends Appointment Of 2 Additional Judges Of The Gauhati High Court As The Permanent Judges

The Supreme Court Collegium has recommended appointment of two Additional Judges of the Gauhati High Court as the Permanent Judges.

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1 min  |
June 12, 2024
Atishi seeks meeting with Centre
The Daily Guardian

Atishi seeks meeting with Centre

Amid the power outage in several areas of the national capital, Delhi minister and Aam Aadmi Party (AAP) leader called it \"extremely worrying\" and sought time from the Union Power Minister and the chairman of Power Grid Corporation of India.

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Reasi attack: Driver sacrificed himself to save passengers in the bus
The Daily Guardian

Reasi attack: Driver sacrificed himself to save passengers in the bus

Ranjit Singh, manager of the bus booking company whose bus came under attack in Jammu and Kashmir's Reasi on Sunday evening, recounted the attack horror and said that the driver sacrificed himself for the passengers.

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1 min  |
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'PM MODI SHOULD PAY HEED TO BHAGWAT'S ADVICE ON MANIPUR': OPPOSITION
The Daily Guardian

'PM MODI SHOULD PAY HEED TO BHAGWAT'S ADVICE ON MANIPUR': OPPOSITION

Leaders of the Congress and other opposition parties on Tuesday said Prime Minister Narendra Modi should pay heed to the \"advice\" of RSS chief Mohan Bhagwat and visit Manipur which has seen violence for over a year now, a day after Bhagwat said the situation in the strife-torn state must be considered a priority.

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Ashwini Vaishnaw assumes charge as Minister of Railways for second time
The Daily Guardian

Ashwini Vaishnaw assumes charge as Minister of Railways for second time

Ashwini Vaishnaw assumed charge as Minister of Railways for the second time under the leadership of Prime Minister Narendra Modi on Tuesday morning in Delhi.

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Suresh Gopi thanks people of Kerala for entrusting him 'huge responsibility'
The Daily Guardian

Suresh Gopi thanks people of Kerala for entrusting him 'huge responsibility'

Malayalam actor-turned politician Suresh Gopi assumed charge as Minister of State for Petroleum and Natural Gas as well as in the Ministry of Tourism on Tuesday morning.

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Pawan Kalyan elected leader of Janasena Legislative party
The Daily Guardian

Pawan Kalyan elected leader of Janasena Legislative party

The Janasena Party on Tuesday unanimously elected its chief, Pawan Kalyan, as the leader of the Legislative Party.

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1 min  |
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