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IMF has warned that a third of the global economy will slip into recession this year. Even industrial powerhouses like the US, China, and the EU will see their economic activity slow down. This comes as a result of the Russia-Ukraine war, rising interest rates, and a major disruption in supply chains. What will this mean for the Indian economy? Will global job losses continue? How badly are higher interest rates expected to hurt private capex? Watch Rahul Kanwal, News Director, India Today, and Aajtak in an exclusive conversation with Gita Gopinath, First Deputy Managing Director, International Monetary Fund (IMF) as they discuss the reality of recession
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