Wall Street falls as Fed highlights weak global economy
Wall Street was lower in afternoon trading on Friday as the Federal Reserve`s decision to keep interest rates near zero fueled concerns about global growth, muddying the outlook for stocks.
Sep 18, 2015, 22:58 PM IST
Brokerages clamour for rate cut after Fed status quo
Brokerages are expecting a 25 basis points rate cut by the Reserve Bank next week following US Federal Reserve's decision to keep interest rates unchanged at near-zero level for the eighth consecutive year.
Sep 18, 2015, 18:54 PM IST
Global economy Weekahead: Fed to dominate week of central bank meetings
The U.S. Federal Reserve takes centre stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland.
Sep 11, 2015, 14:58 PM IST
PM Modi asks industry to risk and invest more; promises to improve ease of doing business
Several industry leaders meanwhile pitched for interest rate cut saying it would help them take risks and scale up investments.
Sep 08, 2015, 14:02 PM IST
PM Modi meets India Inc amid global gloom in markets
Prime Minister Narendra Modi on Tuesday chaired a high level meeting on global economic scenario with about 40 captains of industry and leading economists at his Race Course Road residence.
Sep 08, 2015, 11:21 AM IST
Amid global gloom in markets, PM Modi to meet India Inc leaders today
The high-level consultative meeting on the agenda -- 'Recent Global Events: Opportunities for India', would also be attended by RBI Governor Raghuram Rajan and Niti Aayog Vice-Chairman Arvind Panagariya.
Sep 08, 2015, 09:05 AM IST
PM Modi to meet industry leaders today on global economic scene
Prime Minister Narendra Modi will today meet business leaders including Reliance Industries head Mukesh Ambani, Tata Group Chairman Cyrus Mistry as well as bankers and economists to discuss global economic scenario.
Sep 07, 2015, 20:31 PM IST
G20 must step up growth efforts: IMF's Lagarde
The world`s biggest economies must step up reform efforts to boost growth in line with targets they set last year using a mix of accommodative monetary policy, fiscal policy and structural reforms, the head of the International Monetary Fund said.
Sep 05, 2015, 20:44 PM IST
G20 says global growth 'short of expectations'
The G20 group of top world economies on Saturday said that global economic expansion was slower than had been expected but expressed confidence that a recovery would gain momentum.
Sep 05, 2015, 19:54 PM IST
G20 seeks to lift market mood despite China alarm
Ministers and central bank chiefs from the world`s top 20 economies sought Saturday to bolster market confidence in the global economy, despite mounting alarm about the fallout from China`s slowdown.
Sep 05, 2015, 14:49 PM IST
G20, OECD issue new corporate governance code
To safeguard minority shareholders' interests and promote capital market as a key platform to raise funds, G20 and OECD today announced new Corporate Governance Principles for listed companies and regulators in all member countries including India.
Sep 05, 2015, 12:51 PM IST
India among few bright spots in global economy, says IMF
The IMF said India is among the few bright spots in the global economy as G20 Finance Ministers began their two-day meeting.
Sep 05, 2015, 09:27 AM IST
G20 promises transparency on rate moves as global economy disappoints
The text welcomed strengthening activity in some economies but said that global growth fell short of expectations, although it expressed confidence a recovery would gain speed.
Sep 04, 2015, 22:38 PM IST
Sensex plunges 563 points; Rajan says don't be scared of markets volatility
Stressing investors should not be scared of transient volatility in markets, India`s central bank governor Raghuram Rajan on Friday said the problems facing the global economy include low productivity and low investments with people saving more and spending less.
Sep 04, 2015, 22:11 PM IST
Global volatility to benefit India in medium term: Edelweiss
The present global volatility will benefit India in the medium to long term and the country's macro-economic parameters are very strong, financial services firm Edelweiss group chairman and CEO Rashesh Shah said Friday.
Sep 04, 2015, 19:24 PM IST
India to take up currency devaluation issue at G20
Ahead of the meeting of G20 finance ministers and central bank governors in Turkey, India on Thursday said competitive devaluation of currency is a major threat to stability in the global economy.
Sep 03, 2015, 18:41 PM IST
Global Economy Weekahead: China fears linger as focus on Fed sharpens
Fears over the health of the Chinese economy kept world markets on edge last week and China country will remain in focus, along with the question of whether the Federal Reserve will raise interest rates next month.
Aug 30, 2015, 18:31 PM IST
China fears linger as focus on Fed sharpens
"China, the epicentre of the week`s moves, is set to remain in focus over the next week as markets attempt to assess whether the worst of the sell-off has been seen," said Philip Shaw, chief economist at Investec.
Aug 30, 2015, 15:15 PM IST
Long way to go for India to become global growth engine: Rajan
RBI Governor Raghuram Rajan has said it will be "a long time" before India can replace China as a growth engine for the global economy, even if it grows at a faster rate.
Aug 26, 2015, 12:51 PM IST
'When China sneezes, the world could catch a cold'
When China sneezes, the world could catch a cold, said a commentary in China`s Xinhua news agency which added that the global economy is closely tied to Chinese performance.
Aug 26, 2015, 11:25 AM IST
