Stay updated with the latest developing-country news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on developing-country topics.
NEW DELHI, April 9, 2026 - Growth in India is projected at 6.6% in FY27, as higher energy prices caused by the Middle East conflict and supply chain disruptions weigh on economic activity. But even with the slowdown, India remains among the fastest-growing major economies in the world, says the World Bank's latest economic update. Released today, the India Development Update says that despite significant downside risks stemming from the conflict, the economy's strong macroeconomic fundamentals ...Read More >
NEW DELHI, April 8 (Reuters) - South Asia's growth is expected to slow to 6.3% in 2026 from 7.0% in 2025 as the conflict in the Middle-East and disruptions in global energy markets weigh on the import-dependent region, the World Bank said on Wednesday. In its latest South Asia Economic Update, the bank said growth should recover to 6.9% in 2027, while the region would remain the fastest growing among emerging market and developing economies. The World Bank said the outlook was highly uncertain ...Read More >
India will lead South Asia's economic growth. The World Bank forecasts India's economy to expand by 7.6% in FY26. The region's overall growth is expected to slow initially but recover. However, global uncertainties and energy market disruptions pose risks. Countries need reforms to sustain growth and create jobs. Other South Asian nations show varied growth projections. World Bank expects India to remain the primary engine of growth in South Asia, projecting the economy to expand 7.6% in FY26, ...Read More >
More than 33GW of battery capacity approved for Turkish grid since 2022 compared with 12-13GW in Germany Turkey has given the green light to more batteries to buffer its electricity grid than any EU member state, a report has found, in a further sign of rich countries losing steam in the race to a clean economy. More than 33GW of battery capacity have been approved in Turkey since 2022, according to the climate thinktank Ember, while the total planned and operational capacity in European front ...Read More >
The Merck Foundation, the charitable arm of Merck KGaA, marked World Health Day 2026 by highlighting its efforts to transform healthcare systems across Africa, Asia and beyond through large-scale scholarship and capacity-building programmes. The foundation announced that it has provided more than 2,600 scholarships to healthcare professionals from 52 countries, covering 44 critical and underserved medical specialties. These scholarships aim to address the shortage of trained medical personnel a ...Read More >
Commerce Minister Piyush Goyal and his Chinese counterpart, Wang Wentao, have met on the sidelines of a WTO event India and China have held talks aimed at expanding bilateral trade, on the sidelines of the World Trade Organization's ministerial conference, Commerce Minister Piyush Goyal has said. The talks between Commerce Minister Piyush Goyal and his Chinese counterpart, Wang Wentao, come amid a thaw in trade tensions "Met Mr. Wang Wentao, Minister of Commerce of China, on the sidelines of ...Read More >
Thanjavur/Pudukottai, Apr 5 (PTI) Tamil Nadu currently stands as the number one state among India's developing regions, boasting a significant growth rate of 11.19 per cent, despite a stark lack of support from the BJP-led union government, Deputy Chief Minister Udhyanidhi Stalin said on Sunday. "The central administration has failed to provide requested projects or the funds rightfully due to the state. This neglect reached a peak in the last Union Budget, where the name "Tamil Nadu" was entir ...Read More >
New Delhi: India Infrastructure Finance Company Ltd (IIFCL) plans to mobilise up to USD 1 billion through the MIGA guarantee fund during the ongoing first quarter to support infrastructure development across the country. The Multilateral Investment Guarantee Agency (MIGA) provides guarantees against non-commercial risks to facilitate the flow of foreign investment in developing countries and lift people out of poverty. "We are in the process of seeking approval for mobilising up to USD 1 billi ...Read More >
NEW DELHI, Apr 4 : "International Diabetes Federation" (IDF) President-elect, Dr Niti Pall, currently on India visit, called on Union Minister Dr Jitendra Singh, who is also a noted Professor of Medicine & Diabetes, and discussed, among other things, indigenous biosimilar Insulin production as well as Diabetes related indigenous biomanufacturing prospects. The meeting underscored the importance of strengthening India's capabilities in insulin manufacturing, particularly biosimilar insulins and ...Read More >
NEW DELHI: Childhood cancer ranked among the top ten causes of deaths in India, killing 17,000 in 2023, according to the latest findings from the Global Burden of Disease (GBD) 2023 study. Published in the Lancet, the study also said childhood cancer was the eighth-leading cause of deaths globally, killing more than measles, tuberculosis and HIV/AIDS. The estimates show that while mortality has declined globally, children in low- and middle-income countries (LMICs) face the most severe consequ ...Read More >
Last month in March, Chinese Foreign Minister called for enhanced cooperation between India and China. Consul General of the People's Republic of China in Mumbai, Qin Jie, spoke about the future of India-China ties and expressed optimism as he recalled the meeting between PM Modi and President Xi Jinping. He added that the BRICS Summit, which will take place in New Delhi, will provide an opportunity to further deepen ties. The Consul General told reporters, "For the future of the relationship ...Read More >
New Delhi [India], April 3 (ANI): Union Commerce and Industry Minister Piyush Goyal held a meeting with China's Commerce Minister Wang Wentao on the sidelines of the World Trade Organisation's 14th Ministerial Conference (MC14), aimed at strengthening bilateral economic and trade cooperation. Informing about the meeting, the spokesperson of the Chinese Embassy in India, in a social media post on Friday, stated that Wang Wentao met Goyal during the conference and expressed willingness to deepen ...Read More >
New Delhi, Apr 3 (PTI) Ninety four per cent of childhood cancer deaths and 85 per cent of new cases occur in low and middle-income countries, highlighting persistent inequities in healthcare access and treatment, according to a global analysis published in The Lancet journal. Total childhood cancer deaths in 2023 were estimated at 17,000 in India, 16,000 in China, and about nine thousand each in Nigeria and Pakistan. The analysis of data from the Global Burden of Diseases, Injuries, and Risk F ...Read More >
New Delhi [India], April 3 (ANI): Union Commerce and Industry Minister Piyush Goyal held a meeting with China's Commerce Minister Wang Wentao on the sidelines of the World Trade Organisation's 14th Ministerial Conference (MC14), aimed at strengthening bilateral economic and trade cooperation. Informing about the meeting, the spokesperson of the Chinese Embassy in India, in a social media post on Friday, stated that Wang Wentao met Goyal during the conference and expressed willingness to deepen ...Read More >
New Delhi, Apr 2 (PTI) Extending moratorium in the WTO on import duties for cross-border electronics transmission for longer period will bring more certainty and predictability to businesses, Commerce and Industry Minister Piyush Goyal said on Thursday. The 14th ministerial conference, which concluded in the early hours on March 30 in Yaounde, the capital city of Cameroon, failed to reach a consensus on the moratorium. "We discussed it amongst the ministers, and we were generally of the opinio ...Read More >
New Delhi, April 2 (UNI) India is working towards bringing into force a free trade agreement with Oman from May 1, Commerce and Industry Minister Piyush Goyal said on Thursday at a presser after a series of engagements at the 14th Ministerial Conference of the World Trade Organization in Cameroon. Highlighting the outcome of his bilateral meeting with Oman's leadership, Goyal said, "We are working towards bringing into effect the agreement with Oman... on 1st of May 2026," signalling a key step ...Read More >
New Delhi [India], April 2 (ANI): Union Commerce and Industry Minister Piyush Goyal on Thursday asserted that India is pushing for "preferential access" and the "best possible deal" in its ongoing trade engagement with the United States, underlining that the country is currently in a "very sweet spot" among emerging economies. "Our approach is that India should get preferential access, market access and, having got the best deal compared to any of our competitors or any other emerging or develo ...Read More >
New Delhi [India], April 2 (ANI): The heads of the International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank Group have agreed to form a coordination group to maximize their institutions' response to the energy and economic impact of the war in the Middle East. According to a joint statement by the organizations, the decision followed an assessment of the significant disruptions currently affecting global markets. "The Middle East war has caused major disruptions to ...Read More >
New Delhi [India], April 1 (ANI): China's Ambassador to India Xu Feihong on Wednesday underscored the importance of stable and cooperative relations between Beijing and New Delhi as the two countries marked the 76th anniversary of diplomatic ties. In a post on X, Xu said, "China and India are neighbours that cannot be moved apart," emphasising that it is in the mutual interest of both countries to remain "good-neighbourly friends and partners that help each other succeed". He described such co ...Read More >
Pune (Maharashtra) [India], April 1 (ANI): Consul General of the People's Republic of China in Mumbai, Qin Jie, spoke about the future of India-China ties and expressed optimism as he recalled the meeting between PM Modi and President Xi Jinping. He added that the BRICS Summit, which will take place in New Delhi, will provide an opportunity to further deepen ties. Also Read | US Journalist Kidnapped in Baghdad; Iraqi Forces Launch Hunt for Captors. The Consul General told reporters, "For the ...Read More >
New Delhi, Mar 31 (PTI) India on Tuesday said it has called for initiating discussion at the WTO on its proposal on the transfer of modern technologies to emerging and least developed economies to help enhance their share in global trade, while pushing for negotiations through "possible new approaches" to move agriculture talks forward. The commerce ministry said the country has also extended its support for robust work at the World Trade Organization (WTO) on digital divide, digital infrastruc ...Read More >
New Delhi, March 31 (SocialNews.XYZ) Poverty in Pakistan has surged to 43.5 per cent, according to the Social Policy and Development Centre (SPDC), indicating a far graver situation than official estimates by the Pakistan Bureau of Statistics (PBS) and the Planning Commission, which place poverty at 28.9 per cent, according to an article in the Karachi-headquartered Express Tribune. In its report, the SPDC, a policy research institute, highlights that urban households have borne the brunt of th ...Read More >
Chennai: The WTO's 14th Ministerial Conference (MC14) held in Cameroon ended without agreement on key issues, including e-commerce moratorium and expiry of safeguard against non-violation complaints against intellectual property policies. With no agreement, the e-commerce moratorium lapsed for the first time in 26 years, opening the door for countries to impose customs duties on digital transmissions. MC14 was one of the most inconclusive ministerial conferences in recent years. Despite WTO rem ...Read More >
New Delhi, March 31 (SocialNews.XYZ) The International Monetary Fund (IMF) has said the ongoing US-Israel and Iran war could shape the global economy in different ways -- all roads leading to higher prices and slower growth. The IMF said the war in the Middle East is upending lives and livelihoods in the region and beyond. "It is also dimming the outlook for many economies that had only just shown signs of a sustained recovery from previous crises. The shock is global, yet asymmetric. Energy i ...Read More >
WTO members at the 14th ministerial conference (MC14) did not reach consensus to extend the TRIPS moratorium on non-violation complaints. For the first time since 1995, the safeguard has expired, creating uncertainty over when governments can bring disputes despite no formal rule breach. Further talks are expected in Geneva. WTO members ended the 14th ministerial conference, MC14, without agreement on a key TRIPS safeguard. The failure meant the moratorium on non-violation complaints, or NVCs, ...Read More >
Chennai: The WTO's 14th Ministerial Conference (MC14) held in Cameroon ended without agreement on key issues, including e-commerce moratorium and expiry of safeguards against non-violation complaints against intellectual property policies. MC14 was one of the most inconclusive ministerial conferences in recent years. Despite WTO remaining ineffective in mitigating trade uncertainties, India to build coalitions to defend consensus-based decision-making at WTO, which is under threat due to growing ...Read More >
New Delhi [India], March 30 (ANI): Union Commerce and Industry Minister Piyush Goyal on Monday said India's position at the 14th Ministerial Conference of the World Trade Organization (MC14) in Cameroon was "not only heard but also reflected in the Ministerial decisions." Wrapping up his four-day visit to Cameroon, Goyal said the conference was significant as it marked the return of the WTO Ministerial Conference to the African continent after a decade. Also Read | Donald Trump Says He Has 'No ...Read More >
New Delhi, Mar 30 (PTI) The WTO ministerial conference in Yaounde, which concluded on Monday, failed to reach any agreement on key issues, including the extension of the moratorium on e-commerce and reforms of the global trade body. The 14th ministerial conference (MC), which concluded in the early hours on March 30 in the capital city of Cameroon, could not reach a consensus on a moratorium on non-violation complaints under the Agreement on Trade-related Aspects of Intellectual Property Rights ...Read More >
New Delhi, March 30 (SocialNews.XYZ) Union Commerce and Industry Minister Piyush Goyal on Monday said that India's stance at the recently concluded WTO Ministerial Conference (MC14) in Cameroon was "not only heard but also reflected" in the final outcomes, underlining the country's growing influence in shaping global trade discussions. Wrapping up his four-day visit to Cameroon -- where he participated in the WTO Ministerial Conference -- Goyal noted that the global trade landscape has undergon ...Read More >
New Delhi [India], March 30 (ANI): Union Commerce and Industry Minister Piyush Goyal on Monday said India's position at the 14th Ministerial Conference of the World Trade Organization (MC14) in Cameroon was "not only heard but also reflected in the Ministerial decisions."Wrapping up his four-day visit to Cameroon, Goyal said the conference was significant as it marked the return of the WTO Ministerial Conference to the African continent after a decade."Reflecting on the last four days spent in C ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.