IMF forecasts for global growth

Last Updated: Tuesday, April 14, 2015, 19:12

The International Monetary Fund sees global growth at a tepid 3.5 percent this year, unchanged from its January forecast, but expects a greater contribution from the rebounding economies of Europe and Japan while emerging market economies sag.

GameStop profit forecast falls short on weak demand for consoles

Last Updated: Friday, March 27, 2015, 08:59

GameStop Corp`s full-year profit forecast missed Wall Street expectations as the dollar strengthened and demand for new PlayStation 4 and Xbox One consoles failed to make up for falling sales of earlier versions.

Switzerland halves growth forecast as strong franc bites

Last Updated: Thursday, March 19, 2015, 15:56

Switzerland on Thursday halved its growth forecast for 2015 as the strong franc bit into the country`s exports, but the central bank said it was keeping its monetary policy unchanged.

India a bright spot on cloudy global horizon: Christine Lagarde

Last Updated: Monday, March 16, 2015, 13:01

She reiterate global growth forecast of 3.5 percent in 2015 and 3.7 percent in 2016. She also said that asynchronous policy shifts may lead to excessive volatility.

IMF ups India growth forecast to 7.2% for current fiscal

Last Updated: Wednesday, March 11, 2015, 19:15

Terming Indian economy a "bright spot" on the global economic landscape, IMF on Wednesday raised its growth forecast for the current fiscal to 7.2 percent, even as it called for steps to revitalise the investment cycle and accelerate structural reforms in the country.

One billion new unique mobile subscribers by 2020: Report

Last Updated: Thursday, March 5, 2015, 15:53

The new GSMA report forecast that the number of unique mobile subscribers will increase from 3.6 billion at the end of 2014 to 4.6 billion by 2020, increasing by four per cent per year over this period.

Sony trims 2014 net loss forecast, preliminary Q3 profit beats estimates

Last Updated: Wednesday, February 4, 2015, 13:42

Japan`s Sony Corp said its net loss for 2014 was likely less than previously forecast as cost cuts and higher-than-expected sales of its image sensors and PlayStation video game consoles helped lift its third-quarter profit.

India's growth rate to surpass China's in 2016: IMF

Last Updated: Tuesday, January 20, 2015, 10:41

India is projected to grow at 6.3 percent in 2015 and 6.5 percent in 2016, when it is likely to cross China's projected growth rate of 6.3 percent, the IMF said.

India to grow at 6.5% in 2016: IMF

Last Updated: Tuesday, January 20, 2015, 10:38

Broadly keeping its growth forecast for India unchanged, International Monetary Fund (IMF) Tuesday projected that rising from 5.8 percent in 2014, the Asian economy will grow at 6.3 percent in 2015 and 6.5 percent in 2016.

US stocks fall for fourth straight day

Last Updated: Thursday, January 15, 2015, 04:51

Wall Street stocks dropped Wednesday on a bruising day for global markets following a disappointing US retail sales report and a weak global economic forecast from the World Bank.

Goldman Sachs slashes oil price forecasts

Last Updated: Monday, January 12, 2015, 20:30

US bank Goldman Sachs slashed it oil forecasts on Monday, saying fuel prices needed to stay low for much longer in order to curb production and end a global supply glut.

Nifty reclaims 8,200 mark on growth forecast, global cues

Last Updated: Friday, December 19, 2014, 23:35

Extending its overnight gains, the benchmark CNX Nifty on Friday reclaimed the 8,200 mark on the National Stock Exchange (NSE) after the government upgraded growth forecast for the current fiscal, while positive overseas sentiment provided additional boost.