Indian economy will continue to grow: President

Last Updated: Wednesday, September 28, 2011, 14:21

Amid growing fears of another global recession looming large, President Pratibha Patil on Wednesday exuded confidence that India with its "strong fundamentals and resilience" will continue to grow economically.

D-St posts worst 2-day slide, Sensex tanks 300 points

Last Updated: Friday, September 23, 2011, 10:33

The Bombay Stock Exchange benchmark Sensex lost nearly 300 points in mid session trade Friday in line with their Asian peers as prospects of a global recession continues to unnerve investors.

G20 commits to preserve financial system stability

Last Updated: Friday, September 23, 2011, 08:54

Finance officials from the Group of 20 nations on Thursday pledged to preserve financial stability and said central banks stood ready to provide liquidity to banks as needed.

US stocks plunge 3% amid fears of recession

Last Updated: Friday, September 23, 2011, 08:30

US stocks plunged on Thursday, extending a selloff to four days, as policymakers' failure to arrest global economic stagnation sent markets spiraling downward.

Be ready for downturn, World Bank tells developing nations

Last Updated: Thursday, September 22, 2011, 09:14

Developing countries can prepare for the threat of a global recession by improving policies to generate growth and jobs, diversifying economies, bolstering their banking sectors and readying social safety nets, the World Bank's top economists said on Wednesday.

Gold gains Rs 95, silver up by Rs 1,100 on global cues

Last Updated: Thursday, September 8, 2011, 16:48

Both gold and silver bounced back in the national capital Thursday on revival of buying by stockists at existing lower levels amid firm global cues.

China, India inflation drive gold, not Europe woes: Analyst

Last Updated: Thursday, September 8, 2011, 12:35

One of the oft-cited reasons for gold's strong rally this year has been investor concern over the European sovereign debt crisis and fears of renewed global recession, but this argument doesn't stack up.

Markets to witness highly volatile sessions this week: Analysts

Last Updated: Sunday, August 21, 2011, 19:00

Following the rout in world equities on fears of a possible global recession, analysts said that there are no major positive triggers in sight for Indian markets in the short-term and they will witness highly volatile sessions this week.

Morgan Stanley cuts global growth view, eyes ECB

Last Updated: Friday, August 19, 2011, 09:51

The United States and euro zone are "dangerously close to recession", Morgan Stanley said on Thursday, criticising policymakers and predicting the European Central Bank will have to reverse its rates policy.

Beaten-down Wall Street slammed by recession fears

Last Updated: Friday, August 19, 2011, 08:47

Rising fears of another recession hammered US stocks on Thursday, sending major averages sharply lower in a return to the extreme fluctuations investors endured a week ago.

Asian stocks shaky, Swiss franc holds

Last Updated: Thursday, August 18, 2011, 08:43

Asian stocks eased on Thursday following a negative lead from US technology shares, while the Swiss franc stayed buoyed after plans to curb the currency disappointed those looking for more drastic action.

No need for stimulus to combat impact of crisis: Rangarajan

Last Updated: Tuesday, August 9, 2011, 15:17

Prime Minister's economic advisory panel has said there was no need for any stimulas package to help the industry tide over the impact of the crisis following downgrade of the US credit rating by Standard and Poor's.