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.

Global volatility to benefit India in medium term: Edelweiss

Last Updated: Friday, September 4, 2015, 19:24

The present global volatility will benefit India in the medium to long term and the country's macro-economic parameters are very strong, financial services firm Edelweiss group chairman and CEO Rashesh Shah said Friday.

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.

China's AIIB to offer loans with fewer strings attached: Sources

Last Updated: Wednesday, September 2, 2015, 08:42

China's new international development bank will offer loans with fewer strings attached than the World Bank, sources said, as Beijing seeks to change the unwritten rules of global development finance.

World markets extend losses as China falters again

Last Updated: Tuesday, September 1, 2015, 23:24

Global stock markets plunged further Tuesday as more gloomy evidence emerged of China's economic slowdown, leading to heavy sell-offs in Asia and Europe.

China, eurozone weaken despite world awash with cash

Last Updated: Tuesday, September 1, 2015, 18:55

China`s giant manufacturing industry contracted while British and eurozone growth eased in August, rattling markets and reinforcing expectations interest rates may fall again or stay near zero for longer.

Sensex plummets 586 points to 1-year low; Nifty tanks 185 points to close at 7,785

Last Updated: Tuesday, September 1, 2015, 14:03

BSE Sensex plummeted nearly 700 points on weak GDP data and a slump in equity markets the world over, as a contraction in August PMI stoked fears of a sharper slowdown in the Chinese economy.

IMF's Lagarde sees weaker-than-expected global economic growth

Last Updated: Tuesday, September 1, 2015, 13:56

"Overall, we expect global growth to remain moderate and likely weaker than we anticipated last July," Lagarde said.

Sensex trips 147 points on profit-booking, weak Asian cues

Last Updated: Monday, August 31, 2015, 10:00

The 30-share index fell 147.29 points or 0.55 per cent to 26,245.09 as metal, power, realty, PSU, bank, capital goods and auto sector stocks succumbed to profit-booking.

Global Economy Weekahead: China fears linger as focus on Fed sharpens

Last Updated: Sunday, August 30, 2015, 18:31

Fears over the health of the Chinese economy kept world markets on edge last week and China country will remain in focus, along with the question of whether the Federal Reserve will raise interest rates next month.

China fears linger as focus on Fed sharpens

Last Updated: Sunday, August 30, 2015, 15:15

"China, the epicentre of the week`s moves, is set to remain in focus over the next week as markets attempt to assess whether the worst of the sell-off has been seen," said Philip Shaw, chief economist at Investec.