Asian financial crisis: GK, General Studies and Current Affairs

Economic situation to be the worst since the 1997 Asian Financial Crisis

The recently released World Bank report predicted that the economic situation in the near future could be the worst since the 1997 Asian Financial Crisis. 1997 Financial Crisis The 1997 Asian Financial Crisis is also ..

IMF’s World Economic Outlook Update hews down India’s growth forecast to 6.1%

The International Monetary Fund (IMF) in its World Economic Outlook Update, chopped down India’s economic growth projection from 6.8 % to 6.1% in 2012. This is the result of slowdown in external demand and deceleration ..