G20, OECD issue new corporate governance code

Last Updated: Saturday, September 5, 2015, 12:51

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.

India among few bright spots in global economy, says IMF

Last Updated: Saturday, September 5, 2015, 09:27

The IMF said India is among the few bright spots in the global economy as G20 Finance Ministers began their two-day meeting.

US tells China at G20 to avoid 'competitive devaluation'

Last Updated: Friday, September 4, 2015, 23:53

US Treasury Secretary Jacob Lew on Friday told his Chinese counterpart at a G20 meeting in Ankara to avoid competitive devaluation and improve communication of Beijing`s economic policy.

G20 promises transparency on rate moves as global economy disappoints

Last Updated: Friday, September 4, 2015, 22:38

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.

Sensex plunges 563 points; Rajan says don't be scared of markets volatility

Last Updated: Friday, September 4, 2015, 22:11

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.

Raghuram Rajan urges world to hike rates; but not in a 'big bang'

Last Updated: Friday, September 4, 2015, 19:43

Rajan also said that the concerns about market volatility should not come in way of the decision of the central banks.

FM Jaitley promises ease of doing biz, tax reforms

Last Updated: Friday, September 4, 2015, 18:31

The Finance Minister said India has benefited significantly from the decline in global oil prices.

India to take up currency devaluation issue at G20

Last Updated: Thursday, September 3, 2015, 18:41

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.

Additional $60 billion forex needed to fight volatilities: HSBC

Last Updated: Friday, June 26, 2015, 16:19

As India's forex kitty is growing steadily, foreign brokerage HSBC on Friday said the country needs at least USD 60 billion more in reserves to fight a sustained period of global volatilities.

Slight deceleration in trade restrictive steps in G-20: WTO

Last Updated: Monday, June 15, 2015, 23:26

The G-20 economies witnessed a "slight deceleration" in application of new trade-restrictive measures, with average number of such steps imposed per month falling to the lowest since 2013, a WTO report said Monday.

G20 strikes hopeful tone, but officials fret over Greece

Last Updated: Saturday, April 18, 2015, 01:08

The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday even as officials fretted that Athen`s inability to strike a deal with its lenders could upset Europe`s tentative recovery.

G-20 finance officials confronting global weakness

Last Updated: Saturday, April 18, 2015, 00:11

Finance officials from the world's major economies are searching for the right mix of policies to bolster a still-weak global recovery nearly six years after the Great Recession while confronting a range of new threats from a soaring US dollar to a big drop in oil prices.