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    Finance and Economy

    India’s Digital Economy to Contribute One-Fifth of National Income by 2029-30, Says Report

    The report says that India is the third largest digitalised country in the world in terms of economy-wide digitalization, and twelfth among the G20 countries in the level of digitalisation of individual users.

    USAID Halts Funding to Bangladesh Following Trump’s 90-Day Foreign Aid Freeze

    With the Trump administration's review of foreign aid policies underway, the future of US-funded programs in Bangladesh remains uncertain.

    Could Trump Really Blow up the Global Trade System?

    The Trump administration’s focus on Mexico and Canada reflects the fact that they, along with China, are by some distance America’s major source of goods imports, each accounting for in excess of $400 billion in 2023.

    Sri Lanka: President Dissanayake Seeks World Bank Help

    Sri Lanka's recent economic performance has shown resilience, but challenges persist. The World Bank cautioned that macroeconomic stability is contingent on the consistent implementation of fiscal, financial, and monetary policies.

    District Magistrates Discuss Empowering Tribal Communities

    The conference aimed to identify gaps and address challenges in ensuring comprehensive facilities for PVTG communities, fostering progress through collaborative learning and the exchange of best practices.

    Americans Back Trump Policies; But Remain Divided Over His Leadership, Survey Finds

    The survey found that roughly the same number of respondents expressed optimism about the next four years as those who felt pessimistic.

    UK’s Richest 10 Per Cent Extracted Half of India’s Wealth During Colonial Rule, Says Oxfam Report

    If current trends continue, Oxfam predicts that five trillionaires will emerge within the next decade. In stark contrast, the number of people living in poverty has remained nearly unchanged since 1990.

    Nepal: Economic Prosperity vs. Rising Debt and Inflation

    With vegetable inflation exceeding 40 per cent, consumers face the brunt of soaring costs, while weak market monitoring and governance exacerbate the issue.
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    Latest News

    World Economy Teeters on Recessionary Edge amid Rising Trade Tensions and Financial Uncertainty, UNCTAD Warns

    The report stresses that as the world stares down the possibility of a widespread recession, the urgency for cohesive, multilateral solutions has never been greater.

    Bangladesh: Commission Pushes Sweeping Legal Reforms to Eliminate Gender Disparities

    The commission called for enforcement of the existing rule mandating 33 per cent women’s representation in political parties under the Representation of the People Order. It also proposed institutional reforms within parties to address corruption and create enabling environments for women.

    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.

    Must read

    World Economy Teeters on Recessionary Edge amid Rising Trade Tensions and Financial Uncertainty, UNCTAD Warns

    The report stresses that as the world stares down the possibility of a widespread recession, the urgency for cohesive, multilateral solutions has never been greater.

    Bangladesh: Commission Pushes Sweeping Legal Reforms to Eliminate Gender Disparities

    The commission called for enforcement of the existing rule mandating 33 per cent women’s representation in political parties under the Representation of the People Order. It also proposed institutional reforms within parties to address corruption and create enabling environments for women.
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    Syrians Now Have ‘Historic Opportunity’ to Build a Peaceful Future, Says Guterres

    There is much work to be done to ensure an orderly political transition to renewed institutions, Guterres, and noted that his Special Envoy, Geir Pedersen, will be working with all Syrians to this end.