The urgency of limiting global temperatures to 1.5 ℃ is established from the climate crisis data that addresses the question --what is the change in global temperature from the pre-industrial level due to anthropogenic factors? According to the World Economic Forum, the global cost of damages to infrastructure, property, agriculture, and human health due to the climate crisis is estimated …
The United Nations Trade and Development projected that Indian economy's growth momentum will most likely decelerate in 2024 to 6.5% against the 6.7% growth recorded in the previous year. The report states, “The expansion in 2023 was driven by strong public investment outlays as well as the vitality of the services sector, which benefitted from robust local demand for consumer …
Foreign Direct Investment inflow into India came down by 26% in the year 2021, according to UN Conference on Trade and Development. However, the report of 26% decline in FDI inflow can be misleading, as it is based on calendar year data, while India uses the April-March period as the financial year. While UNCTAD’s Investment Trends Monitor says FDI inflow …
Three major global economic institutions - International Monetary Fund, United Nations Conference on Trade and Development and World Bank - have warned that financial consequences of the Covid-19 pandemic will be worse than feared. According to its latest edition of the World Economic Outlook, global Gross Domestic Product will shrink to -5 per cent in 2020, nearly 2 per cent …
Foreign direct investment into India may shrink sharply in 2020 because of coronavirus and the consequent lockdown, supply chain disruptions and economic slowdown after jumping over 20% to $51 billion in 2019, according to the United Nations Conference on Trade and Development. According to the latest ‘World Investment Report’ by UNCTAD, India jumped from 12th position in 2018 to 9th …