Global Economy

Hinduja asks businesses to diversify to tackle global shock

Stating that he remains optimistic about Indian as well as the global economy, the Co-chairman of diversified Hinduja Group called for the Indian policymakers to grab the opportunity to grow faster in the wake of prevailing problems in other markets, including China.

Jan 23, 2016, 21:15 PM IST

China's lowest growth for 25 years: What does it mean?

Here are some key points which explain China`s economic transformation and how it affects the rest of the world.

Jan 19, 2016, 14:42 PM IST

India has 'inherent resilience' to tackle global slump: Finance Ministry

Seeking to soothe jittery investors after a massive plunge in stock markets, the Finance Ministry on Thursday said the domestic economy has "inherent resilience" to withstand global volatility triggered by China fears and the RBI and government are keeping a close watch.

Jan 07, 2016, 19:25 PM IST

Global recession starting from January 9, predicts Sundeep Kochar

But, the real crunch (read global recession) will be from January 9, 2016 onwards...

Jan 06, 2016, 17:26 PM IST

At 7.3% in 2016, India to remain fastest growing economy: UN

The United Nations World Economic Situation and Prospects (WESP) 2016 report said that India will record a 7.3 percent economic growth in 2016 and 7.5 percent in 2017.

Dec 10, 2015, 22:16 PM IST

Goldman pegs India's GDP growth at 7.9% in FY17

Country's GDP is expected to grow by 7.9 percent next fiscal driven by rising domestic demand and higher capital spending by the government, even though global economy will remain anaemic, Goldman Sachs said Wednesday.

Dec 09, 2015, 20:31 PM IST

ISIS activities disrupting global economy: Arun Jaitley

Arun Jaitley said that what ISIS has been doing across the world in the last few months poses a new danger to civilisation and "therefore its impact on global economy cannot be understated."

Nov 24, 2015, 22:02 PM IST

G20 summit outcome positive for global economic recovery

The G20 Summit concluded with broad consensus on ways of achieving inclusive and robust growth of the global economy.

Nov 17, 2015, 12:43 PM IST

BRICS call on G20 to work harder on economic policy cooperation

Leaders of Brazil, Russia, India, China and South Africa, who met on the sidelines of the G20 summit in the Turkish town of Antalya, said global economic recovery was not yet sustainable.

Nov 16, 2015, 16:35 PM IST

Eurozone set for 'moderate' recovery in 2016, 2017

The eurozone economy is set to continue its moderate recovery over the next two years in the wake of the Greek bailout crisis, despite headwinds from the wider global economy, the EU said Thursday.

Nov 05, 2015, 20:13 PM IST

PM Narendra Modi addresses India-Africa Forum Summit: As it happened...

Prime Minister Narendra Modi on Thursday said that India and Africa are two bright spots of hope and opportunity in the global economy.

Oct 29, 2015, 11:52 AM IST

Cost of counterfeiting to global economy may reach $1.77 trillion: WEF

The illicit economy is a giant, global and growing problem, a World Economic Forum report said and cautioned that the cost to the global economy of counterfeiting alone could reach USD 1.77 trillion in 2015.

Oct 26, 2015, 19:46 PM IST

World Bank revises down forecast of oil prices to $52 for 2015

The World Bank Tuesday lowered its 2015 forecast for crude oil prices from USD 57 per barrel in its July report to USD 52 per barrel, a development that could bring in additional savings to the Indian treasury.

Oct 20, 2015, 18:28 PM IST

'India sees better growth prospects than most major economies'

India is witnessing "firming" growth prospects even as most of the major economies including the US are seeing signs of moderation in growth, according to Paris-based think tank OECD.

Oct 08, 2015, 19:30 PM IST

China's slowdown effects global economy: IMF

China's slowdown has repercussions on the global economy, but the impact will be greater in countries that have greater trade exposures with the world's second-largest economy, the IMF has said.

Oct 08, 2015, 02:14 AM IST

G20 urges reforms for global trade growth

G20 trade ministers agreed to pursue deeper and wider reforms to ensure trade growth as it grew less than the global economy for the first time in the last four decades.

Oct 07, 2015, 02:18 AM IST

US stocks retreat on Thursday

The US stocks pared early gains to trade lower around midday Thursday, as International Monetary Fund (IMF) Managing Director Christine Lagarde warned of a "new mediocre" risk facing global economy.

Oct 02, 2015, 04:10 AM IST

India's growth faces more domestic than global obstacles: Crisil

Reforms aimed at enhancing financial sector access to the unserved and under-served, improving transparency in government decision-making and making it easier to do business will play an important role in pushing growth up over the next two to three years, according to the report.

Oct 01, 2015, 22:53 PM IST

'Reason to be concerned' about global economy: Christine Lagarde

The IMF voiced concern Wednesday about the global economy, weakened by China's slowdown and facing a potential "vicious cycle" from a looming US interest rate hike.

Sep 30, 2015, 23:47 PM IST

China consumers tighten belts, a red flag for the global economy

Terry Xu considers himself one of the lucky ones.

Sep 24, 2015, 03:10 AM IST