Secretary Dammu Ravi addresses Valedictory Session of 2023 UNCITRAL, South Asia Conference in New Delhi

September 16, 2023 6:23 PM

Secretary Dammu Ravi addresses Valedictory Session of 2023 UNCITRAL, South Asia Conference in New Delhi

Secretary (Economic Relations) in Ministry of External Affairs, Dammu Ravi today addressed the Valedictory Session of the 2023 United Nations Commission on International Trade Law, UNCITRAL, South Asia Conference in New Delhi.   Mr Ravi touched upon issues related to commercial arbitration, Investor-State Dispute Settlement, digital economy, MSME and access to credit, commercial mediation, and commercial arbitration. He also spoke on how India could progress to make itself a hub for interna...

Led by India, South Asia moving towards becoming center of global growth: IMF

November 3, 2019 9:21 PM

Led by India, South Asia moving towards becoming center of global growth: IMF

A latest research by the International Monetary Fund has said that South Asia, led by India, is moving towards becoming center of global growth and could contribute about one-third of the world's growth by 2040. Notably, under the IMF's geographical division of the world, South Asia does not include Afghanistan and Pakistan. For IMF, South Asia includes India, Bangladesh, Nepal, Sri Lanka, Bhutan and Maldives. The IMF paper titled 'Is South Asia Ready for take Off? A s...

World Bank says India is fast-growing economy with lot of potential despite being hit by recent global slowdown

October 13, 2019 2:14 PM

World Bank says India is fast-growing economy with lot of potential despite being hit by recent global slowdown

World Bank's Chief Economist for South Asia Hans Timmer has said that India is a fast-growing economy with lot of potential despite being hit by the recent global slowdown. Talking to PTI in Washington yesterday, he said, India's growth numbers are higher than in most countries of the world. Mr Timmer said, the World Bank in its estimates has found that 80 per cent of the slowdown in India could be coming from the international causes. In its latest edition of the South Asia Ec...