From balancing growth to inflation, WEF focused on challenges for economies

In the wake of the geopolitical crisis and rising prices, India's recovery remains dodgy

Although Ukraine and geopolitics remained the primary concern at the 52nd World Economic Forum Annual conference at Davos, Gita Gopinath, first deputy managing director of the International Monetary Fund, said that the war had been a “major setback” to the recovery from the Covid-19 pandemic.

The impact on India’s gross domestic product (GDP) is yet to be determined. Going into the conference, many organisations revised their trade and growth forecasts for the world. India has not been isolated from this phenomenon. In April, the World Bank revised India’s growth outlook for 2022-23. In January 2022, while the organisation was expecting