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WEF Special Meeting in Riyadh: Fostering Global Collaboration and Development Addressing Global Challenges Amidst the backdrop of geopolitical tensions and economic complexities, the World Economic Forum (WEF) is gearing up to host a Special Meeting on Global Collaboration, Growth, and Energy for Development in Riyadh. This pivotal gathering will bring together 1,000 global leaders from 92 countries on April 28-29, to foster global dialogue and seek actionable solutions to the multifaceted challenges that confront our world today. Building on Past Successes Building on the success of the inaugural Growth Summit held in Switzerland last year, the WEF's Riyadh meeting will advocate for forward-thinking approaches to address interconnected crises while also acknowledging the short-term trade-offs that may be necessary. The meeting will particularly focus on bridging the growing North-South divide on critical issues such as emerging economic policies, energy transition, and geopolitica...

India's Wholesale Inflation Sees Marginal Rise in March Introduction: India's wholesale inflation, as measured by the Wholesale Price Index (WPI), experienced a slight uptick in March, marking the fifth consecutive month in positive territory after a prolonged period of negative growth. Official data released on Monday revealed key insights into the country's inflation trends, indicating both challenges and opportunities for the economy. Analysis: The annual rate of inflation, based on the All India Wholesale Price Index, stood at 0.53 percent in March 2024 compared to the same period last year. This positive inflation rate is attributed to several factors, including increased prices of food articles, electricity, crude petroleum, natural gas, machinery, and equipment, among others. While economists note that a modest rise in wholesale inflation can stimulate production incentives for manufacturers, it also underscores the need for careful monitoring to maintain economic st...