Washington DC

IMF lowers India's growth projection to 5.9 pc for current fiscal

Washington, Apr 11 (PTI) The International Monetary Fund (IMF) on Tuesday lowered India's economic growth projection for the current fiscal to 5.9 per cent from 6.1 per cent earlier. Yet India will continue to be the fastest-growing economy in the world.

In its annual World Economic Outlook, IMF also lowered the forecast for 2024-25 fiscal (April 2024 to March 2025) to 6.3 per cent from the 6.8 per cent it had predicted in January this year.

USA: Biden Afghanistan report mostly blames Trump for chaotic US withdrawal

07 Apr 2023; MEMO: President Joe Biden's administration on Thursday released a summary of classified reports that mostly blamed the chaotic August 2021 US pullout from Afghanistan on his predecessor, Donald Trump, for failing to plan for the withdrawal he had agreed on with the Taliban, reports Reuters.

China and India to account for half of global economic growth in 2023, says IMF chief

Washington, Apr 6 (PTI) The IMF chief on Thursday said that the world economy is expected to grow at less than 3 per cent this year, with China and India expected to account for half of global growth in 2023.

International Monetary Fund (IMF) managing director Kristalina Georgieva warned that a sharp slowdown in the world economy last year following the raging pandemic and Russia's military invasion of Ukraine would continue this year.

US bolsters Middle East forces after alleged Iran attacks

01 Apr 2023; MEMO: The US has bolstered its military forces in the Middle East after an alleged series of Iranian attacks on US troops in Syria, CNN disclosed on Friday.

CNN reported the Pentagon confirming that a squadron of A-10 attack aircraft is deploying to the region ahead of a scheduled deployment.

Indians among six migrants found dead near Canada border

Toronto, Mar 31 (PTI) Members of an Indian family were among six people who drowned in the St Lawrence River while attempting to cross into the US from Canada illegally, authorities said on Friday, in the latest tragedy involving Indians seeking greener pastures abroad.

Six bodies were recovered by police Thursday afternoon in a marshy area of Quebec near an overturned boat during an aerial search with the Canadian Coast Guard., according to Canadian news outlets CBC and CTV.

Six US troops suffer traumatic brain injuries during a drone attack in Syria - Pentagon

30 Mar 2023; MEMO: Six US troops in Syria suffered traumatic brain injuries during two attacks last week by Iran-backed militants, the Pentagon said on Thursday, adding they were diagnosed during routine screenings in recent days, Reuters reports.

Subscribe to Washington DC