Global Economy

World leaders kick off G7 talks with economy, terrorism and refugees in focus

Obama arrived in Japan after spending several days in Vietnam, where he urged the communist authorities to embrace human rights and abandon authoritarianism.

May 26, 2016, 02:53 AM IST

Christine Lagarde says negotiating 'in good faith' with Greece on debt

International Monetary Fund (IMF) Managing Director Christine Lagarde said on Tuesday that her team was continuing to negotiate with Greece "in good faith" over its debt issues.

Apr 05, 2016, 15:34 PM IST

India remains bright spot in global economy: Christine Lagarde

With strong growth and rising real income, India remains a bright spot in the global economy, IMF chief Christine Lagarde said on Tuesday.

Apr 05, 2016, 14:19 PM IST

Gold snaps two-day losing streak as Asian shares slide

Gold jumped 1 percent on Tuesday following a two-day decline, as Asian stocks slid on weak oil prices and mixed views on the outlook for Federal Reserve monetary policy.

Apr 05, 2016, 09:45 AM IST

Achieving double digit growth in current global environment extremely difficult: FM Jaitley

Finance Minister Arun Jaitley on Thursday said that in the current global environment, achieving double digit growth is extremely difficult.

Mar 17, 2016, 10:58 AM IST

Economic growth improving in India: Jaitley

The economic growth rate is expected to increase to 7.6 percent in 2015-16, Finance Minister Arun Jaitley said Tuesday.

 

Mar 08, 2016, 20:28 PM IST

Indian economy has held its ground firmly amidst global crisis: FM Arun Jaitley

Presenting the Union Budget 2016-17, Finance Minister Arun Jaitley said global economy was in serious crisis but India has managed to held its ground firmly.

Feb 29, 2016, 11:32 AM IST

UK's exit from EU would be a "shock" to global economy: G20

The global economy will suffer a "shock" if Britain leaves the EU, finance ministers and central bankers from the world's biggest economies including India have warned, boosting Prime Minister David Cameron's strong stand against leaving the bloc.

Feb 28, 2016, 18:00 PM IST

'Difficult job ahead, no magic wand to push growth'

The government will have to go through a "very difficult process" of pushing reforms and projects to propel India to a high-growth path as it will not happen through some magic wand, Chief Economic Advisor Arvind Subramanian said today.

Feb 27, 2016, 16:06 PM IST

IMF chief Christine Lagarde sees 'tepid' growth for world economy

The world economy is going through a "tepid" recovery, International Monetary Fund chief Christine Lagarde said on Tuesday, adding that growth in advanced economies should be higher.

Feb 23, 2016, 19:11 PM IST

Rupee dips 23 paise to fresh 30-month low against USD

 The rupee weakened by 23 paise to trade at fresh 30-month low at 68.69 against the American currency in early trade today as the dollar firmed up overseas.

Feb 22, 2016, 10:47 AM IST

GLOBAL ECONOMY WEEKAHEAD - Desperately seeking signs of inflation

Now that markets have delivered their verdict on inflation - it`s not picking up any time soon - economic data due next week will show whether price pressures are rising meaningfully or falling back in some of the world`s major economies.

Feb 14, 2016, 19:37 PM IST

India only economy not affected by global economic crisis: PM Narendra Modi

India is the only economy which has not been affected by the global economic crisis which has hit the world, primarily due to the policies being implemented by the government, Prime Minister Narendra Modi said Sunday.

Feb 14, 2016, 17:35 PM IST

India has fortress like balance sheet: Sinha on market jitters

Minister of State for Finance Jayant Sinha also asked investors to take a long term view on equities, without getting swayed by short term volatilities, saying that he himself has been investing in stocks for 30 years.

 

Feb 11, 2016, 18:49 PM IST

Global economic turmoil hitting Indian markets: Government

The S&P BSE Sensex, which opened at 23,938.32 points, provisionally closed at 23,758.90 points (3.30 p.m.) -- down 262.08 points or 1.09 percent from the previous day`s close at 24,020.98 points.

Feb 10, 2016, 17:41 PM IST

Global turmoil battering market, govt taking measures: Finance Ministry

Finance Ministry on Wednesday attributed the fall is domestic equities to turmoil in global economy and said the government is taking measures to address the challenges.

 

Feb 10, 2016, 12:25 PM IST

Gold price rises to near 7.5-month high on safe-haven demand

Global equity markets have been hit by worries over the health of the euro zone banking sector, with a very loose monetary policy seen crimping bank profits and consequently their ability to repay debt.

Feb 10, 2016, 12:14 PM IST

India's economy on much higher, stabler footing: FM Jaitley

Amid global uncertainty, Finance Minister Arun Jaitley on Wednesday said it is important for India to emerge out of the crisis stronger as it is on a much higher and stabler footing than other nations.

Feb 03, 2016, 17:54 PM IST

Fed hints at economic worries as it keeps rate unchanged

In the first monetary policy meeting after its historic rate increase in December, the US central bank showed slightly less confidence than a month ago about the trajectory of inflation and growth even as it noted strengthening in the jobs and housing sectors.

 

Jan 28, 2016, 10:47 AM IST

'India projected to be world's fastest growing economy'

Describing India as a "bright spot" in the backdrop of gloomy economic outlook globally, a senior Singaporean minister has said the country was projected to be the world's fasted growing economy and Singapore's close economic cooperation with it would be mutually beneficial.

Jan 27, 2016, 12:13 PM IST