India has high debt like China, but risks are moderated: IMF
Wednesday, 11 October 2023 India's debt is high at 81.9% of GDP, similar to China's 83%, but the risks associated with it are not as great, according to the International Monetary Fund (IMF). The IMF recommends that India implement an ambitious fiscal consolidation plan to reduce deficits, especially primary deficits. India's debt is projected to fall slightly to 80.4% by 2028, and the country's high growth helps mitigate risks. However, state-level risks, high debts, and financing needs pose significant risks.
Anticipation has reached a feverish pitch among cricket fans as the countdown has begun for the much-awaited India Vs Pakistan match of the World Cup. Fans outside the Narendra Modi stadium were seen excited and filled with full of energy before the commencement of the match. Narendra Modi stadium...
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As Israel and Hamas remain locked in an intense fight, tensions have mounted in Middle-East. World leaders visited the war-torn Israel to express support for Israel after Hamas’ barbaric surprise..
Experts Urge Government, to Regulate AI, , Warning of Extreme Risks.
'Time' reports that another group of Artificial Intelligence
experts have joined together to urge the government
to take action..
Credit: Wibbitz Top Stories Duration: 01:31Published
Wednesday, 11 October 2023
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