World Bank cuts India’s economic growth forecast to 7.5% for FY23

World Bank cuts India’s economic growth forecast to 7.5% for FY23

Global growth is expected to slow sharply from 5.7% in 2021 to 2.9% this year. Global growth is expected to slow sharply from 5.7% in 2021 to 2.9% this year. The World Bank on Tuesday cut India’s economic growth forecast for the current fiscal to 7.5% as rising inflation, supply chain disruptions and geopolitical tensions […]

Continue Reading
Explained | Why countries like the Central African Republic are adopting cryptocurrencies as legal tender

Explained | Why countries like the Central African Republic are adopting cryptocurrencies as legal tender

A transition towards cryptocurrencies by the Central African Republic and El Salvador is spurred by the urge to circumvent inflationary pressures and move away from colonial currency mechanisms. However, prerequisites such as internet and financial digital literacy make a case for inclusivity cumbersome A transition towards cryptocurrencies by the Central African Republic and El Salvador […]

Continue Reading