Wednesday, 23 April 2025 () The IMF has expressed concerns about the negative effects of trade tensions on the global economy, revising its growth forecast downward to 2.8%. India's growth projection has also been reduced to 6.2% due to global uncertainty, despite robust private consumption in rural areas. Intensified trade wars and policy uncertainty pose significant downside risks, potentially leading to financial instability.
Goldman Sachs has raised the odds of a major US and global recession, warning that President Trump’s new tariffs could trigger a sharp economic downturn. Amid rising market panic and tightening..
Asian markets experienced gains following reassurance from President Trump regarding Jerome Powell's position and positive signals on trade from Treasury... IndiaTimes