Macro fiscal fundamentals are better now than they were in 2013 when India was classified as Fragile Five.
IMF & World Bank have described India as the brightest spot in the global economy on several occasions and an island of hope for global growth.
- FM Smt. @nsitharaman
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IMF & World Bank have described India as the brightest spot in the global economy..
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कई बड़े देशों को पीछे छोड़ेगा भारत, PM मोदी का ये बिग ड्रीम अगले 4 साल में होगा पूरा, IMF ने भी लगाई मुहर!
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कई बड़े देशों को पीछे छोड़ेगा Bharat, PM मोदी का ये Big Dream अगले 4 साल में होगा पूरा
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Computing is shifting from the data center to the cloud and the edge – and it’s vital to protect all your users, devices, and data in today’s complex hybrid environments. Zero trust strategies are still the key to navigating this new world of risk.
Ultimately, security is about enabling risk to allow your business to grow confidently knowing that your valuable data and assets are protected against threats. Cybercrimes cost the world trillions of dollars every year. The modern enterprise faces a wide range of security challenges that have become increasingly complex and difficult to manage. There are various growing security challenges in the modern enterprises such as:
Today's Headline in NewsHours
0:00 Intro
3:10 #IMF downgrades India’s growth forecast from 6.1% to 5.9%
3:50 IT minister says that the new IT fact-checking unit will not censor journalism
4:26 #DGGI sends show cause notices to many insurance companies over tax evasion concerns
5:03 Sega is reportedly acquiring Angry Birds
5:32 #PMModi asks for the use AI tools in courtrooms to facilitate ease of justice
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Global debt has jumped to a new high
The International Monetary Fund (IMF) said global debt has jumped to a new high of $226 trillion with India’s dues projected to rise to 90.6 per cent in 2021, due to COVID-19 and policies put in place to respond to it. Advanced economies and China contributed over 90% to the accumulation of debt in 2020 and the remaining emerging economies and low-income developing countries contributed only around seven per cent. India's debt increased to 89.6% of its GDP in 2020 from 68.9% in 2016. This increase is, by far, the largest on record. This figure includes both public and non-financial private sector debt. The remaining emerging economies and low-income developing countries contributed only around seven percent. It is projected to jump to 90.6 percent in 2021 and then decline to 88.8 percent in 2022, to gradually reach 85.2 percent in 2026. The IMF said risks to the fiscal outlook are elevated. A scaling up of vaccine production and delivery, especially to emerging markets and low-income developing countries, would limit further damage to the global economy.
Constraints on financing are particularly severe for poorer countries. Noting that in 2020, fiscal policy proved its worth, he said the increase in public debt, in 2020, was fully justified by the need to respond to COVID-19 and its economic, social, and financial consequences. But the increase is expected to be one-off. After that it is projected to stabilise at about 97 percent of GDP. These debt dynamics are driven by a strong contribution from nominal GDP growth, accompanied by a much more gradual reduction in the primary deficit, he said. The IMF further said that, risks to the fiscal outlook are elevated. A scaling up of vaccine production and delivery, especially to emerging markets and low-income developing countries, would limit further damage to the global economy. On the downside, new variants of the v
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India - fastest growing economy
The International Monetary Fund has retained its projection for India’s economic growth in the current financial year at 9.5 per cent. The IMF has maintained India's gross domestic product estimates for next financial year at 8.5 per cent, unchanged from its July projections. Meanwhile, the IMF has cut its China GDP growth projections for 2021 and 2022 by 10 basis points each – to eight and 5.6 per cent, respectively. With this, India will again get the tag of the fastest-growing large economy in the world, both in FY22 and FY23. In 2020, China was the only major economy that had registered growth. While it had grown 2.3 per cent last year, India had contracted by 7.3 per cent. The Fund has also projected India’s consumer price index-based inflation rate to stand at 5.6 per cent during the current financial year from 6.2 per cent last year. For the next financial year, it has forecast a further decline to 4.9 per cent.
Earlier, two other bodies – the monetary policy committee (MPC) of the Reserve Bank of India and Standard and Poor's (S&P) – had retained India's growth projections for FY22 at 9.5 per cent. In its policy review last week, the MPC had also reduced its retail inflation projection for FY22 to 5.3 per cent from its earlier prediction of 5.7 per cent. Also last week, the World Bank (WB) had kept its projection for India’s economic growth in 2021-22 at 8.3 per cent. However, Fitch Ratings had lowered its projection to 8.7 per cent from its earlier forecast of 10 per cent in view of the impact of the second Covid-19 wave in the country. Outside of China and India, emerging and developing Asia has been downgraded slightly, as the pandemic has picked up, the IMF has said. The IMF has also said that the current account balance of India will slip into a deficit of one percent of GDP this financial year, as against a surplus of 0.9 per cent last
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Pakistan के वित्त Ishaq Dar नेशनल असेंबली सत्र को संबोधित करके बाहर निकल रहे थे तभी Shahid Qureshi नाम के पत्रकार ने वित्त मंत्री से कुछ सवाल पूछ लिए जिससे बचकर वो निकलने लगे और पत्रकार पर भड़क गए तो पत्रकार ने पूछा IMF से कुछ डील पक्की हो गई क्या? लेकिन इसके जवाब में भी वित्त मंत्री ने पत्रकार को कोई जवाब नहीं दिया।
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आज भारत में कोई भूखा नहीं सोता है,
'Pradhan Mantri Garib Kalyan Anna Yojana' के तहत आज गरीबों को free में अनाज दिया जाता है।
IMF ने भी कहा है कि भारत में गरीबी 1% से भी कम हो गई है।
Shri Jagat Prakash Nadda
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Trashion Pe Fashion season 2 2024 by Sanskriti Art even | All India Creativity Competition
Trashion Pe Fashion season 2 2024 by Sanskriti Art even | All India Creativity Competition
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One quality that #shehnaazgill admires about #salmankhan #priyankachopra #kareenakapoorkhan
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Kiara Advani on her lowest phase after first film Fugly’s failure. #kiaraadvani #shorts
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Alia Bhatt on life with Ranbir, Family, Marriage. #bollywood #parenting #ytshorts
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