News
Entertainment
Science & Technology
Life
Culture & Art
Hobbies
News
Entertainment
Science & Technology
Culture & Art
Hobbies
GDP News The World Bank cuts global GDP outlook for 2020 The World Bank has cut its global GDP growth forecast for 2020 due to the ongoing coronavirus pandemic. The World Bank now expects the global economy to contract by 5.2 percent this year, a downgrade from its April forecast of a 3 percent contraction. The World Bank said that the pandemic had caused “an unprecedented shock” to the global economy and “far-reaching economic, social, and political consequences.” The bank warned that the global economy could face a significant risk of a “protracted recession” if the pandemic is not contained. It also warned that the economic impact of the pandemic could have long-lasting effects on the wellbeing of individuals and societies. The World Bank also warned that the global economic recovery could be “sluggish” and “uneven” as countries struggle to contain the virus and address the economic fallout. It emphasized the importance of continued fiscal and monetary policy support to help countries and businesses weather the crisis. The World Bank also highlighted the need for an effective international response to the crisis, including an “ambitious” and “coordinated” global effort to
Indian equity valuations, while below historical averages, remain elevated compared to Asian peers, raising concerns amid slowing earnings growth. Foreign investors are paring exposure due to the combination of rich valuations and decelerating nominal GDP growth. Fund managers suggest considering sector weights within Indian indices for a more accurate valuation assessment, as consumer-heavy indices inflate overall metrics.
In August of 1833 the British passed legislation abolishing slavery within the British Empire and putting more than 800,000 enslaved Africans on the path to freedom. To make this possible, the British government paid a huge sum, £20 million or about 5% of GDP at the time, to compensate/bribe the slaveowners into accepting the deal. […]
The UK is in the grips of a slowdown induced by higher National Insurance and low consumer confidence, caused in large part by the government’s approach to economic policy. The UK produced zero growth in July after growing 0.4% in June and falling 0.1% in May. In addition to rising taxes, UK growth is still […]
Indias bond market is gaining strength from the governments fiscal prudence, reaffirmed 4.4% deficit target, and upcoming debt-to-GDP framework, creating confidence and stability for long-term investors despite global yield pressures and trade tensions.
The report has projected India's GDP growth to remain steady at 6.5 per cent in FY26, with some downside risks owing to external factors. Get more Economy & Infra News and Business News on Zee Business.
Today's economic data for the UK opens by rather emphasising yesterday's subject and why Prime Minister Kier Starmer is not only putting more emphasis on economic growth he is rather sidelining his Chancellor Rachel Reeves. Monthly GDP is estimated to have shown no growth in July 2025, following growth of 0.4% in June 2025 and…