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The ongoing conflict between Russia and Ukraine is said to have significant repercussions not only for the Indian economy but also for the global economy

Global economic expansion is expected to be muted according to a recent OECD report. This year, the organization expects the global economy to grow at 3%.

Technology giant IBM is set to slash the jobs of 3,900 workers across its IT services sector as part of a major restructuring program.

In recent years, China has been the world's second-largest economy, and its rapid economic growth has been a major driver of global growth