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.

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.

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.

G20 in favour of strengthening growth and creating jobs

Last Updated: Friday, September 6, 2013, 22:37

The G20 Summit concluded here on Friday with the general consensus on strengthening growth and creating jobs.

G20 for faster exit of stimulus, but with clarity

Last Updated: Friday, September 6, 2013, 21:05

In what is both a give and a take for India, the G20 Summit ended here Friday with a declaration that while countries will not prolong the exit of fiscal stimulus, it will be done in a calibrated way and clearly communicated in a bid to prevent volatility in currency markets.

G20 leaders vow to tackle tax avoidance

Last Updated: Friday, September 6, 2013, 20:56

India on Friday said the stand taken by the G20 nations that profits of multinational companies should be taxed where economic activities deriving the profits are performed and where value is created is an "important landmark" and it validates the country's position.

G-20 acknowledges India's concerns on currency volatility

Last Updated: Friday, September 6, 2013, 20:48

The Summit also shared Prime Minister Manmohan Singh's views on the need for orderly exit from the monetary stimulus undertaken in the context of 2008 economic crisis.

FM to attend G-20 meet in Mexico City

Last Updated: Saturday, November 3, 2012, 00:11

Finance Minister P Chidambaram will hold discussions with his counterparts from G-20 nations in Mexico City, amid developed as well as developing nations facing sluggish growth prospects.

Some G20 countries soften stance on Europe: Surces

Last Updated: Sunday, January 29, 2012, 13:38

Some of the world's biggest economies want to move quickly on a cash injection for the International Monetary Fund to help rescue the euro zone, but hardliners may still scupper an early deal to boost the fund's war chest, G20 sources said on Friday.