Global Economy

Global economy: Second half of 2015 begins on shaky note

The global economy started the second half of the year on shaky ground as business activity in the euro zone was weaker than expected and China`s vast factory sector appeared to be contracting at the fastest pace in 15 months in July.

Jul 24, 2015, 15:27 PM IST

India for equal say among nations on global tax norms

"Greater information exchange is good, but not a substitute for genuine and equitable multilateralism in deciding global norms and standards on taxation.

Jul 15, 2015, 22:00 PM IST

India a bright spot in global economy: FM Jaitley

Terming India as a "bright spot" among the global economies, Finance Minister Arun Jaitley on Wednesday said the manufacturing sector is showing signs of revival aided by government's Make in India initiative.

Jul 15, 2015, 20:16 PM IST

Middle East digital economy expected to double by 2018: Report

It indicates that organisations are observing unforeseen benefits to their business performance as a result of increasing the accessibility of information across organisations.

Jul 13, 2015, 14:03 PM IST

Greece crisis poses little threat to global economy: IMF

The ongoing Greece economic crisis poses a little threat to the rest of the world as the global economy has withstood the stress tests of the last two weeks fairly well, the International Monetary Fund said Thursday.

Jul 10, 2015, 00:09 AM IST

'Low-carbon urban development ways can save $17 tn globally'

It has identified key economic opportunities that could help bridge up to 96 per cent of the gap between "business-as- usual emissions and the level needed to limit dangerous climate change".

Jul 08, 2015, 13:15 PM IST

Greek crisis will impact global economy: Doha bank CEO

Greek Prime Minister Alexis Tsipras on July 1 decided to press ahead with a bailout referendum on accepting creditors' stringent demands.

Jul 03, 2015, 17:00 PM IST

Global economy recovering; nowhere near depression: Rajan

Global economy is in a recovery mode which is still weak, but the overall situation is "not anywhere" like the depression of 1930s, Reserve Bank Governor Raghuram Rajan said on Thursday.

Jul 02, 2015, 16:28 PM IST

India to be among top 3 economies globally by 2030: Report

Emerging markets are expected to grow faster than developed economies, and India is likely to become the third largest economy by 2030 in the world after China and the United States, says a report.

Jun 24, 2015, 16:52 PM IST

Asia's exporters struggle to cope with a changing global economy

Asian exports to the United States have risen this year, but such growth now is more driven by investment in software development and shale-oil drilling than by activity that pulls in imports. 

Jun 22, 2015, 10:30 AM IST

India a bright spot in troubled global economy: FM Jaitley

"In otherwise troubled time of the global economy, India clearly is a bright spot. As a bright spot, our growth rates are improving. Fiscal discipline is under control," he said.

Jun 21, 2015, 09:26 AM IST

Merkel says strong euro hurts fruits of reforms

In the global economy, "a very strong" euro would make it difficult for countries such as Spain and Portugal, which adopted significant reforms during the economic crisis, to "harvest the fruits of those reforms, in exports, for example," Merkel told a congress for family-run businesses in Berlin.

Jun 12, 2015, 17:17 PM IST

Golbal Economy Weekahead: Pick-up continues as Greek drama plays on

Athens delayed a key debt payment to the International Monetary Fund on Friday, branding as "absurd" the terms of a proposed aid deal from lenders. 

Jun 07, 2015, 16:02 PM IST

Crunch time for Greece, US and Chinese data in focus

Years of uncertainty and economic pain spent keeping Greece in the euro zone boils down in June to a handful of make-or-break debt repayments, while a raft of key data in the next few days will point to the progress of the global economy.

May 31, 2015, 15:01 PM IST

Greece, EU partners pressed to resolve debt crisis at G7 finance meeting

The United States and Japan pressed Greece and its European partners to resolve Athens` debt crisis and avoid rattling the eurozone and the global economy, as the issue dominated talks of the Group of Seven finance ministers on Friday.

May 30, 2015, 09:40 AM IST

G7 finance ministers, central bankers meet in Dresden

Finance ministers and central bank governors of the Group of Seven wealthiest nations gathered in Dresden on Thursday to discuss the global economy and tax evasion, but the Greek crisis was also high on everyone`s minds.

May 28, 2015, 13:49 PM IST

G7 finance ministers, central bankers meet in Dresden

Finance ministers and central bank governors of the Group of Seven wealthiest nations gathered in Dresden Thursday to discuss the global economy and tax evasion, but the Greek crisis was also high on everyone`s minds.

May 28, 2015, 10:09 AM IST

G7 finance ministers, central bankers to discuss health of global economy

Finance ministers and central bank governors of the Group of Seven wealthiest nations meet in Dresden will start on Wednesday to discuss the health of the global economy and financial regulation, with Greece also certainly on the agenda.

May 27, 2015, 11:14 AM IST

G7 finance ministers, central bankers to meet in Dresden

Finance ministers and central bank governors of the Group of Seven wealthiest nations meet in Dresden this week to discuss the health of the global economy and financial regulation, with Greece also certainly on the agenda.

May 26, 2015, 18:22 PM IST

Global energy subsidies to hit $5.3 trillion this year: IMF

The report estimated that this year's energy subsidies represent 6.5 percent of the global economy, likely exceeding government health spending across the world.

May 19, 2015, 11:01 AM IST