Global Uncertainty Rising, Need To Maintain 'Margins Of Safety': Chief Economic Advisor
The chief economic advisor in the finance ministry also said that the nominal GDP growth for next fiscal has been assumed at 10.5 per cent, and though India remains optimistic, it is aware of the formidable array of challenges that confronts both developing and advanced economies.
Mar 16, 2023, 13:52 PM IST
Global Uncertainty Rising, Need To Maintain 'Margins Of Safety': CEA
The chief economic advisor in the finance ministry also said that the nominal GDP growth for next fiscal has been assumed at 10.5 per cent, and though India remains optimistic, it is aware of the formidable array of challenges that confronts both developing and advanced economies.
Mar 16, 2023, 13:51 PM IST
International banking must for better growth prospects: World Bank
In its annual ‘Global Financial Development Report 2017/2018: Bankers without Borders”, the World Bank said that international banking can have important benefits for developmen,but is no panacea and carries risks.
Nov 08, 2017, 15:14 PM IST
Services sector growth moderated to 7.7% in FY17: Economic Survey
However, software services exports, accounting for around 45.2 percent of total services, declined though marginally by 0.7 percent, it added.
Aug 11, 2017, 18:08 PM IST
Narayana Murthy tells IT honchos to take less salary and avoid layoffs
Seeking to allay fears of slowdown in the Indian IT industry affecting jobs of techies, software major Infosys co-founder N.R. Narayana Murthy on Thursday advised executives to take home less pay and avoid lay-offs at the middle and lower rungs.
Jun 01, 2017, 22:55 PM IST
Britain sells its last remaining stake in Lloyds Banking Group
The takeover of HBOS in 2008 caused Lloyds to suffer more than 25 billion pounds in losses, with the bailout leaving the government with a 43 percent state shareholding.
May 17, 2017, 14:06 PM IST
Brexit a danger to US financial stability: Treasury
Britain`s vote last month to exit the European Union has raised the danger level for US financial stability, according to a US Treasury Department report released Monday.
Jul 26, 2016, 02:49 AM IST
China posts slowest economic growth in 25 years
For the first time in 25 years, China's economy grew at its slowest pace at 6.9 percent in 2015, sparking global concerns over the health of the world's second largest economy and its impact on investors as the Communist giant embarked on painful economic reforms.
Jan 19, 2016, 09:03 AM IST
Japan's economic soft spot may continue, fear experts
Japan's economy slipping into a technical recession for the second time since Prime Minister Shinzo Abe came to office.
Nov 17, 2015, 14:24 PM IST
IMF Paper counters Rajan on easy policy being crisis-recipe
With RBI's Raghuram Rajan ringing alarm bells about the world economy facing the Great Depression-like problems, an IMF research paper has countered his views and says monetary policy easing alone can't be blamed for triggering a financial crisis.
Jun 28, 2015, 11:24 AM IST
China April factory output grows 5.9%, misses forecasts
Central bank cut interest rates early this week for the third time in six months to lower companies` borrowing costs and boost activity.
May 13, 2015, 11:42 AM IST
IMF gave richer countries wrong austerity advice after crisis: Watchdog
The International Monetary Fund ignored its own research and pushed too early for richer countries to trim budgets after the global financial crisis, the IMF`s internal auditor said on Tuesday.
Nov 04, 2014, 23:38 PM IST
China Inc's spending cuts deepest in six years as economy slows
Chinese companies are on a pace to cut capital spending by around 7 percent this year, the biggest annual reduction since the global financial crisis, deepening an economic chill.
Oct 16, 2014, 13:57 PM IST
Oil price risks put inflation back in focus
Oil prices neared nine-month highs late last week, touching $115 a barrel.
Jun 22, 2014, 15:23 PM IST
