Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Bumpy road ahead -Renu Kohli     </title>
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Challenges to economic recovery in India and the world remain

The International Monetary Fund revealed its outlook for the world economy last week. A year and a half after the pandemic, global recovery remained reassuringly strong: the world economy is..."/>
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Challenges to economic recovery in India and the world remain

The International Monetary Fund revealed its outlook for the world economy last week. A year and a half after the pandemic, global recovery remained reassuringly strong: the world economy is..." />
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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>Challenges to economic recovery in India and the world remain</em></p><p style="text-align:justify">The International Monetary Fund revealed its outlook for the world economy last week. A year and a half after the pandemic, global recovery remained reassuringly strong: the world economy is expected to grow a tad slower (10 basis points) this year at 5.9 per cent and at an unchanged pace &mdash; 4.9 per cent &mdash; next year. But the exit from the pandemic, cautions the IMF, is not unqualified. There are significant concerns, including strong inflationary pressures, raised unemployment, and more uncertainty than seen before. The recovery is also divergent because the initial differences due to vaccine access and quick, generous policy support have accentuated the divide between the high-income economies and the emerging, developing ones. In the forthcoming years, lasting injuries to the latter group are seen to be severest for Asian economies, barring China. The global picture is, thus, both encouraging and sobering; principally because all risks bear down than upwards as well as significant economic scarring from the pandemic.</p><p style="text-align:justify">For India, the IMF retained its 9.5 per cent real GDP growth forecast for the current year, followed by 8.5 per cent growth in 2022-23. This is similar to that projected by the Reserve Bank of India, which reviewed its monetary policy a week before the IMF&rsquo;s October World Economic Outlook. The outlook on inflation is directionally similar too. While the central bank sharply lowered its annual inflation forecast to 5.3 per cent from 5.7 per cent in August, the IMF sees it declining to 5.6 per cent followed by 4.9 per cent next year.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/challenges-to-economic-recovery-in-india-and-the-world-remain/cid/1834999" title="https://www.telegraphindia.com/opinion/challenges-to-economic-recovery-in-india-and-the-world-remain/cid/1834999">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.telegraphindia.com/opinion/challenges-to-economic-recovery-in-india-and-the-world-remain/cid/1834999" class="re" target="_blank">The Telegraph, 19 October, 2021, https://www.telegraphindia.com/opinion/challenges-to-economic-recovery-in-india-and-the-world-remain/cid/1834999</a><div class="clear"></div>
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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>Challenges to economic recovery in India and the world remain</em></p><p style="text-align:justify">The International Monetary Fund revealed its outlook for the world economy last week. A year and a half after the pandemic, global recovery remained reassuringly strong: the world economy is expected to grow a tad slower (10 basis points) this year at 5.9 per cent and at an unchanged pace &mdash; 4.9 per cent &mdash; next year. But the exit from the pandemic, cautions the IMF, is not unqualified. There are significant concerns, including strong inflationary pressures, raised unemployment, and more uncertainty than seen before. The recovery is also divergent because the initial differences due to vaccine access and quick, generous policy support have accentuated the divide between the high-income economies and the emerging, developing ones. In the forthcoming years, lasting injuries to the latter group are seen to be severest for Asian economies, barring China. The global picture is, thus, both encouraging and sobering; principally because all risks bear down than upwards as well as significant economic scarring from the pandemic.</p><p style="text-align:justify">For India, the IMF retained its 9.5 per cent real GDP growth forecast for the current year, followed by 8.5 per cent growth in 2022-23. This is similar to that projected by the Reserve Bank of India, which reviewed its monetary policy a week before the IMF&rsquo;s October World Economic Outlook. The outlook on inflation is directionally similar too. While the central bank sharply lowered its annual inflation forecast to 5.3 per cent from 5.7 per cent in August, the IMF sees it declining to 5.6 per cent followed by 4.9 per cent next year.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/challenges-to-economic-recovery-in-india-and-the-world-remain/cid/1834999" title="https://www.telegraphindia.com/opinion/challenges-to-economic-recovery-in-india-and-the-world-remain/cid/1834999">click here</a> to read more.&nbsp;</p>                                                           
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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>Challenges to economic recovery in India and the world remain</em></p><p style="text-align:justify">The International Monetary Fund revealed its outlook for the world economy last week. A year and a half after the pandemic, global recovery remained reassuringly strong: the world economy is expected to grow a tad slower (10 basis points) this year at 5.9 per cent and at an unchanged pace &mdash; 4.9 per cent &mdash; next year. But the exit from the pandemic, cautions the IMF, is not unqualified. There are significant concerns, including strong inflationary pressures, raised unemployment, and more uncertainty than seen before. The recovery is also divergent because the initial differences due to vaccine access and quick, generous policy support have accentuated the divide between the high-income economies and the emerging, developing ones. In the forthcoming years, lasting injuries to the latter group are seen to be severest for Asian economies, barring China. The global picture is, thus, both encouraging and sobering; principally because all risks bear down than upwards as well as significant economic scarring from the pandemic.</p><p style="text-align:justify">For India, the IMF retained its 9.5 per cent real GDP growth forecast for the current year, followed by 8.5 per cent growth in 2022-23. This is similar to that projected by the Reserve Bank of India, which reviewed its monetary policy a week before the IMF&rsquo;s October World Economic Outlook. The outlook on inflation is directionally similar too. While the central bank sharply lowered its annual inflation forecast to 5.3 per cent from 5.7 per cent in August, the IMF sees it declining to 5.6 per cent followed by 4.9 per cent next year.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/challenges-to-economic-recovery-in-india-and-the-world-remain/cid/1834999" title="https://www.telegraphindia.com/opinion/challenges-to-economic-recovery-in-india-and-the-world-remain/cid/1834999">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.telegraphindia.com/opinion/challenges-to-economic-recovery-in-india-and-the-world-remain/cid/1834999" class="re" target="_blank">The Telegraph, 19 October, 2021, https://www.telegraphindia.com/opinion/challenges-to-economic-recovery-in-india-and-the-world-remain/cid/1834999</a><div class="clear"></div>
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Bumpy road ahead -Renu Kohli

Published on Oct 19, 2021   Modified on Oct 19, 2021

-The Telegraph Challenges to economic recovery in India and the world remain The International Monetary Fund revealed its outlook for the world economy last week. A year and a half after the pandemic, global recovery remained reassuringly strong: the world economy is expected to grow a tad slower (10 basis points) this year at 5.9 per cent and at an unchanged pace — 4.9 per cent — next year. But the exit from the pandemic, cautions the IMF, is not unqualified. There are significant concerns, including strong inflationary pressures, raised unemployment, and more uncertainty than seen before. The recovery is also divergent because the initial differences due to vaccine access and quick, generous policy support have accentuated the divide between the high-income economies and the emerging, developing ones. In the forthcoming years, lasting injuries to the latter group are seen to be severest for Asian economies, barring China. The global picture is, thus, both encouraging and sobering; principally because all risks bear down than upwards as well as significant economic scarring from the pandemic. For India, the IMF retained its 9.5 per cent real GDP growth forecast for the current year, followed by 8.5 per cent growth in 2022-23. This is similar to that projected by the Reserve Bank of India, which reviewed its monetary policy a week before the IMF’s October World Economic Outlook. The outlook on inflation is directionally similar too. While the central bank sharply lowered its annual inflation forecast to 5.3 per cent from 5.7 per cent in August, the IMF sees it declining to 5.6 per cent followed by 4.9 per cent next year. Please click here to read more.

The Telegraph, 19 October, 2021, https://www.telegraphindia.com/opinion/challenges-to-economic-recovery-in-india-and-the-world-remain/cid/1834999

Tagged with: International Monetary Fund IMF Economic Growth GDP Growth

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