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IMF upgrades 2026 growth forecast but warns of ‘split’ outlook
he International Monetary Fund on Tuesday (October 13, 2026) forecast global growth in 2026 would slow less than previously expected because of advanced economies’ “resilience” in the face of war-fuelled energy prices, but warned low-income countries remained vulnerable to the supply shock. In its World Economic Outlook (WEO) released at the organization’s Annual Meetings in…
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Why does India need a trained workforce for elderly care?
Every day Sreeni wakes up at 4.30 am and checks on his mother. If she is unsteady on waking up, he will assist her to the raised toilet and wait outside as she independently uses it, assuring her that help is just outside. There is a schedule of medicines, clearly sorted and kept by her…
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ADNOC open to further long-term LPG deals with India, sees India among most important energy markets: Acting CEO, Marketing
Nasser Omair Al Muhairi, Acting CEO of ADNOC’s Downstream industry, Marketing and Trading. Source: Special Arrangement. The Abu Dhabi National Oil Company (ADNOC) is open to further long-term liquefied petroleum gas (LPG) supply agreements with India and sees significant potential to deepen cooperation across crude oil, liquefied natural gas (LNG), naphtha, trading, shipping and strategic…
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Nobel Prize in economics 2026: Robert E. Hall, Michael Woodford win the award
Screenshot from YouTube/@NobelPrize The Economics Nobel is being awarded to Robert E. Hall of Stanford University and Michael Woodford of Columbia University for “microeconomic foundations of macroeconomic stabilisation”, the Royal Swedish Academy of Sciences said on Monday (October 12, 2026). “This year’s laureates in economic sciences, Robert E. Hall and Michael Woodford, have developed new…
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Explained | RBI’s worries about pressure on rupee and measures to curb volatility in forex market
Story so far: In view of the evolving geopolitical conditions, fluctuations in oil prices and to ensure orderly functioning of the foreign exchange market, the Reserve Bank of India (RBI) on October 10, 2026, issued two circulars, announcing several regulatory measures. What were the measures? Restrictions on rebooking of cancelled foreign exchange derivative contracts: as…
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The 2026 Nobel-winning insights into how Govts should stabilise economies
The 2026 Nobel Prize for Economics has been jointly awarded to American economists Robert E. Hall and Michael Woodford for providing an empirical foundation for determining how governments should incorporate the demand behaviour of households and the supply and pricing behaviour of companies when devising policies to stabilise the economy. According to the citation of…