Govt: Refined consumption data helped defy the odds
Sunday, 8 June 2025 India's revised consumption data, incorporating improved survey methods and capturing more actual spending, significantly impacted the World Bank's global poverty benchmark. This led to a more realistic poverty line and a lower poverty rate for India, even with an increased threshold. India's data revision reduced the global extreme poverty count by 125 million.
Saudi Arabia has signed over $6 billion in investment deals with Syria, signaling strong support for President Al-Sharaa amid ongoing unrest. The agreements cover energy, infrastructure, real estate, and agriculture, aiming to revive Syria’s war-torn economy and create up to 200,000 jobs. Analysts see this as a major geopolitical shift—and a blow to Israel’s regional influence—as Tel Aviv has actively targeted Syrian positions during its civil war. The move comes after Saudi and Qatari efforts cleared Syria’s World Bank debt, unlocking fresh international lending.
#SaudiSyriaDeal #MiddleEastShift #SyriaReconstruction #BreakingNews #IsraelBlow #AlSharaa #SaudiInvestment #SyrianCivilWar #Geopolitics #DruzeCrisis #QatarSyriaDebt #MiddleEastUpdate #DamascusDeals #EnergyInvestment #SaudiDiplomacy #ArabUnity #RebuildSyria #SyriaEconomy #IsraelVsSyria #ConstructionBoom #NetanyahuSetback #HumanRightsCrisis #PostWarRecovery #WesternSanctions #SaudiSoftPower #GulfPolitics #SyriaNews #SectarianUnrest #JobCreation #SyriaFuture #RedrawingAlliances
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A World Bank report reveals that Indian cities experience significantly higher night-time temperatures than rural areas due to infrastructure. Lucknow faces a.. IndiaTimes
A World Bank report indicates Indian cities need significant investment. This investment is for resilient, low-carbon infrastructure by 2050. Cities face rising.. IndiaTimes
BRICS Summit 2025: India takes center stage at the BRICS 2025 Summit in Rio de Janeiro as Prime Minister Narendra Modi leads a powerful charge from the Global South against Trump’s aggressive tariff policy. With 10 nations participating—including new member Indonesia—this year’s summit focuses on fair global governance, climate action, and reforming outdated world institutions like the UN, WTO, and World Bank. As the world’s fastest-growing major economy, India is pushing for a more equitable trade system and calling for collective resistance against economic coercion. Modi’s leadership is not only uniting BRICS but also redefining it—asserting India as the democratic anchor of a bloc once overshadowed by China. India’s role in the New Development Bank and its calls for tech cooperation, sustainable development, and regional peace underscore its rising influence in shaping a new world order.
#ModiLeadsBRICS #IndiaBRICS2025 #GlobalSouth #ModiVsTrump #TrumpTariffs #BRICSvsG7 #ModiDiplomacy #IndiaGeopolitics #BRICSSummit #UNReform #WTOReform #NewWorldOrder #IndiaForClimate #ModiInRio #SouthSouthCooperation #BRICSLeadership #IndiaGlobalVoice #ModiTakesLead #BRICSPower #ModiGlobalChampion #BRICSSummit2025
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The World Bank predicts a sharp slowdown in global growth for the coming year. This is due to trade disruptions caused by US tariffs. These tariffs create... IndiaTimes
In a stark contrast, India has made significant strides in reducing poverty, lifting 171 million people out of extreme poverty between 2011-12 and 2022-23,... Zee News Also reported by •DNA •newKerala.com
Despite global economic headwinds, the World Bank projects India to be the fastest-growing major economy in 2025-26, with a 6.3% GDP expansion. While this... IndiaTimes Also reported by •Zee News
Sunday, 8 June 2025
![Saudi Arabia to give $6Bn to Syria | Big jolt to Netanyahu | Israel's role in Syrian Civil War ends? [Video]](https://video.newsserve.net/300/v/20250724/1417516434-Saudi-Arabia-to-give-6Bn-to-Syria.jpg)
![BRICS Summit 2025: India Leads Global South In Slamming Trump’s Tariffs, Demanding Fair World Order [Video]](https://video.newsserve.net/300/v/20250706/1415686710-BRICS-Summit-2025-India-Leads-Global-South-In.jpg)
