On October 7, 2025, the International Monetary Fund (IMF) released its latest global outlook, stating that the world economy is performing “better than feared” but remains vulnerable to persistent inflation, high debt, and geopolitical uncertainty. According to the IMF’s report, global growth for 2025 is projected at 3.2%, a slight improvement over previous forecasts. The resilience is attributed to robust consumer spending, easing supply chain disruptions, and stronger performances in major economies such as the U.S., India, and parts of Southeast Asia. However, the IMF cautioned that geopolitical conflicts, energy market volatility, and climate-related disruptions could undermine stability. The report urged central banks to strike a balance between controlling inflation and supporting growth, while calling on governments to strengthen fiscal discipline. IMF Managing Director Kristalina Georgieva emphasized that while “the global economy has avoided the worst-case scenario,” policymakers must remain vigilant to avoid “a slow and uneven recovery.” #IMFReport #GlobalEconomy #EconomicOutlook #Inflation #GlobalGrowth #KristalinaGeorgieva #FinanceNews #WorldEconomy #EconomicRecovery #PolicyUpdate
In a significant move aimed at promoting fiscal discipline, the Ministry of Finance has directed all central ministries, departments, and Central Public Sector Enterprises (CPSEs) to refrain from using public funds for purchasing or distributing gifts during Diwali and other festivals. This directive, issued by the Department of Expenditure, is part of ongoing efforts to curb non-essential expenditure and ensure the prudent use of government resources. The order applies to all central government entities, including public sector banks and financial institutions, and takes immediate effect. The government's decision to halt festive gift spending reflects a broader austerity drive, emphasizing the need for responsible financial management, especially during times when fiscal management and resource allocation are under close scrutiny. By curbing such expenditures, the government aims to redirect resources toward essential needs and reinforce transparency and accountability in public spending. #news #Newsone #Diwali2025 #GovernmentDirective #PublicFunds #Transparency #CurbExpenditure #PolicyUpdate #IndiaNews #AdministrativeReforms
The Ministry of Home Affairs (MHA) has officially declared the National Socialist Council of Nagaland (Khaplang faction), including all its wings and associated fronts, as an unlawful association. The ban will be effective for five years starting September 28, 2025. The move is part of India’s effort to clamp down on insurgent activity. #MHA #NSCNK #Insurgency #NationalSecurity #UnlawfulAssociation #InternalSecurity #GovernmentAction #NorthEastIndia #SecurityNews #CounterInsurgency #LawAndOrder #IndiaNews #TerrorismClampdown #PolicyUpdate #News #Newsone
