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Business & Economy · Asia-PacificIMF and World Bank Leaders Discuss AI's Economic Impact
Leaders from the IMF and World Bank met in Bangkok to discuss the economic implications of artificial intelligence. Kristalina Georgieva stated AI infrastructure investment is supporting global growth, while Ajay Banga highlighted potential job creation in developing nations. The IMF also issued a warning about rising global debt.
Asia-Pacific2 min readTrust 76 · Craft 72 · Hype 15
Business & Economy · Asia-PacificThailand to Host IMF-World Bank Meetings with 15,000 Attendees
Thailand is set to host the IMF-World Bank Annual Meetings in Bangkok from October 12-18, expecting over 15,000 participants. The event is projected to boost the Thai economy, with authorities implementing traffic management measures.
Asia-Pacific2 min readTrust 42 · Craft 55 · Hype 20
Business & Economy · IndiaWorld Bank lifts India growth forecast to 7.1% for FY27
The World Bank has increased its economic growth forecast for India in FY27 to 7.1 per cent, up from 6.6 per cent. This revision is attributed to stronger-than-expected domestic demand and exports, though risks from global oil prices and El Nino persist.
India3 min readTrust 42 · Craft 57 · Hype 20
Business & EconomyMichael Kremer named World Bank Chief Economist
Michael Kremer, a 2019 Nobel laureate in Economics, has been appointed the World Bank Group’s Chief Economist and Senior Vice President for Development Economics. He is scheduled to take up the position on 1 October 2026, replacing Indermit Gill.
2 min readTrust 86 · Craft 80 · Hype 15
Business & Economy · IndiaNirmala Sitharaman meets global finance leaders at G20 meeting
Finance Minister Nirmala Sitharaman met with Kristalina Georgieva, Ajay Banga, and Valdis Dombrovskis during the G20 Finance Ministers and Central Bank Governors Meeting. Discussions focused on India's economic growth, global economic outlook, and expanding partnerships.
India3 min readTrust 77 · Craft 65 · Hype 15