Currency depreciation may raise risk of food, energy crisis: World Bank
After surging by about 60% in 2022, energy prices are projected to decline 11% in 2023 amid concerns of an impending global recession, the World Bank says in a report.
After surging by about 60% in 2022, energy prices are projected to decline 11% in 2023 amid concerns of an impending global recession, the World Bank says in a report.
According to a BofA Securities report, the Covid-19 shock could delay India touching the GDP of Japan by three years. In their latest estimates, it will now happen by 2031 if the economy grows at 9%.