India can recover faster than China: RBI

Last Updated: Sunday, September 30, 2012, 18:20

India can recover from global economic slowdown faster than China as the economy is driven by domestic consumption, but the country needs to "get its act together" for this to happen, Reserve Bank Deputy Governor Anand Sinha said on Sunday.

IMF lowers global economic growth forecast following China, India slowdown

Last Updated: Tuesday, September 25, 2012, 19:04

The International Monetary Fund (IMF) has lowered its outlook for global growth over the next two years.

'Global economic slowdown delays South Korean recovery'

Last Updated: Monday, September 3, 2012, 12:13

Global economic slowdown caused mainly by Europe's fiscal crisis has been delaying South Korea's economic recovery, the nation's finance minister said Monday.

Economic slowdown may take toll on job opportunities: Ficci

Last Updated: Sunday, September 2, 2012, 12:04

Economic slowdown is expected to take toll on employment opportunities in the country as the Ficci business confidence survey has turned negative on this count for the first time since the 2008-09 global crisis.

China's export hub hit hard by global economic slowdown

Last Updated: Monday, August 27, 2012, 14:26

Hit hard by global economic downturn, many firms in China's export hub Wenzhou are closing down as they face a "more serious" situation than the 2008 financial crisis with big companies in the country posting sharp dip in profits.

China's slowdown hurts corporate profits

Last Updated: Sunday, August 19, 2012, 19:41

China's economic slowdown has impacted corporate profits as profit growth in the country's listed companies largely contracted in the first half of the year, China Daily reported Sunday.

India, China show slowdown signs, says OECD

Last Updated: Thursday, August 9, 2012, 19:54

India and China are seeing economic slowdown while growth momentum is losing steam in most of the developed world, says Paris-based think tank OECD.

Fitch downgrades retailers to 'negative' as slowdown bites

Last Updated: Monday, August 6, 2012, 20:16

Reflecting the general gloom in the economy, rating agency Fitch Monday downgraded the outlook for the domestic retail sector to "negative" from "stable".

China's urban unemployment rate stays at 4.1%

Last Updated: Wednesday, July 25, 2012, 12:22

China's urban registered unemployment rate stood at 4.1 percent at the end of June, authorities said Wednesday.

‘India's strong economic base to combat slowdown’

Last Updated: Tuesday, July 17, 2012, 23:11

Industry chamber FKCCI Tuesday said the country has a strong economic base to combat present economic slowdown, reflected in the fact that it grew at six percent even during the global economic crisis and is able to withstand uncertainties.

India, China see strong signs of economic slowdown: OECD

Last Updated: Monday, July 9, 2012, 17:48

The Organisation for Economic Cooperation and Development (OECD) Monday said that economic activities in India and China are below their long term trends.