India’s economy is on the path of gradual recovery, the International Monetary Fund has said ahead of its next month’s spring meeting with the World Bank. “India’s economy is on the path of gradual recovery, real GDP growth, return to positive territory in fourth quarter of 2020. And that’s for the first time actually since the start of the pandemic and it’s supported by a pickup in gross, fixed capital formation,” IMF’s spokesperson Gerry Rice told reporters at a news conference here on Thursday. “Beyond that, I can say that high frequency indicators including PMIs trade and mobility suggests a continued recovery in the first quarter of this year, ’21; however, the recent emergence of the variants and localised lockdowns could pose risks to a sustained recovery,” Rice said. The IMF is scheduled to release its World Economic Outlook on April 6.
India
Pakistan is “Terroristan”, says India in Strong Rebuttal to Pakistan PM at UN
UNITED NATIONS (TIP): Pakistan is now “Terroristan”, India said in a formidable rebuttal at the UN to Pakistani Prime Minister Shahid Khaqan Abbasi calling for a UN special envoy on Kashmir, alleging that the “struggle […]
Indian Americans
Indian American Dr. Hiral Tipirneni wins Democratic Primary Election for the 8th Congressional District of Arizona
ARIZONA (TIP) : Indian American Dr. Hiral Tipirneni has won the special Democratic primary election for the 8th Congressional District of Arizona, defeating her only rival Brianna Westbrook. Tipirneni will face Debbie Lesko, who won […]
United States
Scientist who worked at Wuhan lab makes startling revelation, says covid was man-made virus
NEW YORK (TIP): In what appears to be an astonishing revelation, a US-based scientist, who worked at a controversial research lab in China’s Wuhan, has said that Covid-19 was a “man-made virus” that leaked from […]
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