Global Economy

China factory-gate inflation hits 5-year high

Chinese producer prices rose at their fastest pace for five years in November, Beijing said Friday, fuelling hopes that the world`s factory can export inflation into a lacklustre global economy.

Dec 09, 2016, 12:37 PM IST

India crosses $300 billion FDI milestone between Apri 2000-Sept 2016

India crossed the USD 300 billion foreign direct investment (FDI) milestone between April 2000 and September 2016, firmly establishing its credentials as a safe investment destination in the world.

Dec 04, 2016, 13:39 PM IST

GLOBAL ECONOMY WEEKAHEAD - Investors may look to ECB for comfort after high-risk votes

With Italy`s constitutional referendum and Austria`s presidential vote on Sunday both potentially underlining growing anti-establishmentism, the European Central Bank is preparing to set to try to bring some calm to the mix. 

Dec 02, 2016, 18:34 PM IST

John Key's India visit: PM Narendra Modi calls for greater economic engagement with New Zealand

There is need for greater economic engagement between India and New Zealand to effectively respond to growing uncertainties of global economy, Prime Minister Narendra Modi said on Wednesday.

 

Oct 26, 2016, 14:45 PM IST

India fastest growing economy, providing strength to global economy: PM Narendra Modi

Prime Minister Narendra Modi on Tuesday said India was the fastest growing economy and that it can play a major role in providing strength to global economy that is facing slowdown.

Oct 18, 2016, 22:33 PM IST

BRICS summit: Xi warns global economy in precarious state

China`s President Xi Jinping warned Sunday that the global economy remained in a precarious condition as leaders of the BRICS group of nations tried to find ways to fire up growth in the troubled bloc.

Oct 16, 2016, 19:26 PM IST

Stronger-than-expected Chinese inflation data sends global stocks, dollar higher

Global stocks and the dollar edged up on Friday, erasing some losses from the previous day, as stronger-than-expected Chinese inflation data eased some concerns about the health of the world's second-biggest economy.

Oct 14, 2016, 16:33 PM IST

India bright spot amid dim global economic outlook, but NPAs pose challenge: IMF chief economist

 Describing India as a "bright spot" in the complex set of economic forces, IMF Chief Economist Maurice Obstfeld today said rising NPAs in Indian public sector banks remain a challenge despite progress.

Oct 14, 2016, 15:57 PM IST

IMF must be more 'vocal' on global economy, US says

The United States called Saturday for the International Monetary Fund to speak out on crucial global economic matters, such as exchange rates, even if this made it unpopular.

Oct 08, 2016, 23:58 PM IST

US factories rebound, resisting global downward pull

US factories ramped up activity in September, shaking off a one-month contraction in a sign America was resisting the downward pull of the sluggish global economy.

Oct 04, 2016, 08:57 AM IST

Global economy in protracted deterioration; India stands out: Kaushik Basu

Worried about the global economy being in a "protracted deterioration", noted economist Kaushik Basu has warned against low interest regimes and the rich countries following "foolish policies" like protectionism even as he asserted India stands out with a growth rate of over 7 per cent.

Oct 02, 2016, 14:29 PM IST

IMF chief Christine Lagarde warns of weak growth, lure of protectionism

The head of the IMF on Wednesday renewed warnings against protectionism and trade restrictions, saying that the global economy risked prolonged low growth and that advanced economies faced painful inequality.

Sep 28, 2016, 20:54 PM IST

Bad loans, lack of infrastructure, ICT hurdles hurt India's competitiveness: WEF

Huge bad loans, lack of infrastructure and stagnating performance on technological readiness are among the major drags on India's global competitiveness, with even Bangladesh and Sri Lanka outscoring India on some parameters, says a WEF survey.

Sep 28, 2016, 16:40 PM IST

China imports break two-year losing streak in August

China`s imports rose 1.5 percent year-on-year in August, figures showed Thursday, the first increase in nearly two years, in a positive sign for the world`s second-largest economy.

Sep 08, 2016, 11:33 AM IST

Donald Trump victory could cause global recession: Citigroup

In a research note a team led by the US bank`s chief economist Willem Buiter said the election was a major source of uncertainty in the global economy.

Aug 26, 2016, 03:24 AM IST

Disasters cost world economy $71 billion in first half of 2016: Swiss Re

From earthquakes in Japan to wildfires in Canada, disasters cost the world economy $71 billion (62 billion euros) in the first half of the year, reinsurer Swiss Re said on Thursday.

Aug 18, 2016, 19:12 PM IST

UK vote to leave EU `adds to uncertainty` in global economy: G20

Britain`s vote to leave the European Union heightened risks for the world economy, finance chiefs from the G20 group of leading countries said Sunday at a meeting in China.

Jul 24, 2016, 12:38 PM IST

Need mix of fiscal, monetary policies to deal with Brexit: FM Jaitley

India has underlined the need for a judicious mix of fiscal, monetary and structural policies by major economies to deal with the heightened uncertainty on account of Brexit.

Jul 21, 2016, 16:04 PM IST

India a 'sweet spot' in global economy, good rains to boost growth: Arun Jaitley

Calling India a "sweet spot" in the subdued global economy, Finance Minister Arun Jaitley Monday said indication of "good rains" will further boost the country's growth momentum.

Jul 04, 2016, 21:29 PM IST

Brexit vote adds to uncertainty over global economy, impact won't be seen soon

The first indication of how Britain`s vote to leave the European Union will affect the global economy will come from business surveys, with the hard data to follow -- a lag that increases uncertainty over growth.

Jun 24, 2016, 19:00 PM IST