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IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
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Meta’s Oversight Board Rebukes Company Over Policy Overhaul
Meta Platforms’ Oversight Board on Wednesday sharply rebuked the Facebook and Instagram owner over a policy overhaul in January that cut fact-checking. The board, which operates independently but is funded by Meta, urged the world's biggest social media company to assess “potential adverse effects” of the changes, put in place just before US ...
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Sensex Jumps 650 Points, Crosses 80,000 In Early Trade, Nifty Up 190 Points
Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday driven by a sharp rally in global markets and foreign fund inflows.
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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
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"Sudden Drop In Income": WHO Announces Layoffs Amid US Funding Cuts
The United Nations health agency has been bracing for President Donald Trump's planned full withdrawal of the United States -- by far its largest donor -- next January.
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Trump Tariffs Have Increased Financial Stability Risks, Says Global Body
US President Donald Trump's stop-start tariff rollout has "significantly" increased global financial stability risks, the International Monetary Fund said in a report published Tuesday.
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International Monetary Fund Slashes Growth Outlook On Impact Of US Tariffs
Given the stop-start nature to Trump's tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration's latest salvos, which have hiked the level of new levies against China to 145 percent.
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Nirmala Sitharaman Invites Global CEOs To Join India's Growth Story
Union Finance Minister Nirmala Sitharaman met global CEOs, pension fund managers and other institutional investors here, and discussed the opportunity for collaboration in the domain of energy and sustainability
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Sharp Escalation In Trump vs Harvard, Lawsuit Flags Serious Violations
Harvard sued US President Donald Trump's administration Monday in a sharp escalation of the fight between the prestigious university and the Republican, who has threatened its funding and sought to impose outside political supervision.
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Sex Education Class Advising Teenagers About 'Choking' Leads To Furore In UK
The material, funded by Bridgend County Borough Council in south Wales, was intended for PSHE lessons at secondary schools.
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EPFO Adds 16.1 Lakh Members In February, Reflects Rise In Employment
The Employees' Provident Fund Organisation (EPFO) on Monday announced a net addition of 16.10 lakh members in February this year.
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How AI Cameras Warn Villagers About Presence Of Snow Leopards In PoK
The World Wide Fund for Nature (WWF) and Lahore University of Management Sciences (LUMS) have developed artificial intelligence (AI)-powered cameras to detect snow leopards and alert villagers to avoid the loss of livestock.
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Trump Planning Another Strike On Harvard? $1 Billion Funding May Be Slashed
The Trump administration is reportedly planning another financial strike on Harvard University following a week of escalating fireworks between the two sides after America's wealthiest educational institution refused to follow the government's diktat
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Trump's Feud With Harvard Risks Critical Research Into Lou Gehrig's Disease
David Walt's project is one of many that's getting caught in the middle of what's poised to become a protracted political and legal fight over the government's ability to dictate conditions to the nation's private universities.
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IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
-
World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
-
Meta’s Oversight Board Rebukes Company Over Policy Overhaul
Meta Platforms’ Oversight Board on Wednesday sharply rebuked the Facebook and Instagram owner over a policy overhaul in January that cut fact-checking. The board, which operates independently but is funded by Meta, urged the world's biggest social media company to assess “potential adverse effects” of the changes, put in place just before US ...
-
Sensex Jumps 650 Points, Crosses 80,000 In Early Trade, Nifty Up 190 Points
Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday driven by a sharp rally in global markets and foreign fund inflows.
-
IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
-
"Sudden Drop In Income": WHO Announces Layoffs Amid US Funding Cuts
The United Nations health agency has been bracing for President Donald Trump's planned full withdrawal of the United States -- by far its largest donor -- next January.
-
Trump Tariffs Have Increased Financial Stability Risks, Says Global Body
US President Donald Trump's stop-start tariff rollout has "significantly" increased global financial stability risks, the International Monetary Fund said in a report published Tuesday.
-
International Monetary Fund Slashes Growth Outlook On Impact Of US Tariffs
Given the stop-start nature to Trump's tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration's latest salvos, which have hiked the level of new levies against China to 145 percent.
-
Nirmala Sitharaman Invites Global CEOs To Join India's Growth Story
Union Finance Minister Nirmala Sitharaman met global CEOs, pension fund managers and other institutional investors here, and discussed the opportunity for collaboration in the domain of energy and sustainability
-
Sharp Escalation In Trump vs Harvard, Lawsuit Flags Serious Violations
Harvard sued US President Donald Trump's administration Monday in a sharp escalation of the fight between the prestigious university and the Republican, who has threatened its funding and sought to impose outside political supervision.
-
Sex Education Class Advising Teenagers About 'Choking' Leads To Furore In UK
The material, funded by Bridgend County Borough Council in south Wales, was intended for PSHE lessons at secondary schools.
-
EPFO Adds 16.1 Lakh Members In February, Reflects Rise In Employment
The Employees' Provident Fund Organisation (EPFO) on Monday announced a net addition of 16.10 lakh members in February this year.
-
How AI Cameras Warn Villagers About Presence Of Snow Leopards In PoK
The World Wide Fund for Nature (WWF) and Lahore University of Management Sciences (LUMS) have developed artificial intelligence (AI)-powered cameras to detect snow leopards and alert villagers to avoid the loss of livestock.
-
Trump Planning Another Strike On Harvard? $1 Billion Funding May Be Slashed
The Trump administration is reportedly planning another financial strike on Harvard University following a week of escalating fireworks between the two sides after America's wealthiest educational institution refused to follow the government's diktat
-
Trump's Feud With Harvard Risks Critical Research Into Lou Gehrig's Disease
David Walt's project is one of many that's getting caught in the middle of what's poised to become a protracted political and legal fight over the government's ability to dictate conditions to the nation's private universities.
