Real economy will dictate Indian markets, not Yuan devaluation or Fed rate hike: Arun Jaitley

Last Updated: Sunday, September 6, 2015, 15:04

Factors like the Chinese devaluation of yuan and the US Fed's likely interest rate hike are "transient" and it will be only the real economy that will dictate the currency rate fluctuations and markets in India, says Finance Minister Arun Jaitley.

G20 launches W20 grouping for gender inclusive economic growth

Last Updated: Sunday, September 6, 2015, 13:25

The W20 group -- having 20 women leaders from G20 nations -- would host its first summit next month in Istanbul after all member countries appoint their nominees.

China emphasizes stability at G20, fiscal spending quickens

Last Updated: Sunday, September 6, 2015, 09:56

China is headed for its slowest economic expansion in 25 years in 2015 and mainland markets have slumped 40 percent since mid-June, sending global financial markets skittering.

G20 charts careful course in turbulent economic waters

Last Updated: Sunday, September 6, 2015, 09:02

Warily watching economic clouds gathering in China and the possibility of an end to zero interest rates in the United States, G20 leaders steered a careful course at their meeting in Turkey at a time of uneven and fragile growth.

G20 eyes faster economic reforms as cheap credit not enough for growth

Last Updated: Sunday, September 6, 2015, 08:37

"We note that in line with the improving economic outlook, monetary policy tightening is more likely in some advanced economies."

G20 must step up growth efforts: IMF's Lagarde

Last Updated: Saturday, September 5, 2015, 20:44

The world`s biggest economies must step up reform efforts to boost growth in line with targets they set last year using a mix of accommodative monetary policy, fiscal policy and structural reforms, the head of the International Monetary Fund said.

G20 vows to boost fragile growth, nudges China on currency

Last Updated: Saturday, September 5, 2015, 20:32

G20 finance ministers and central bank chiefs on Saturday pledged to act decisively to shore up stuttering global growth and to refrain from unsettling currency moves after China`s controversial devaluation last month.

India pitches for greater mobility of skilled labour at G20

Last Updated: Saturday, September 5, 2015, 19:57

India on Friday favoured greater mobility of skilled labour besides increased movement of goods and capital arguing that it would help the developed nations which are faced with the problem of ageing population.

G20 says global growth 'short of expectations'

Last Updated: Saturday, September 5, 2015, 19:54

The G20 group of top world economies on Saturday said that global economic expansion was slower than had been expected but expressed confidence that a recovery would gain momentum.

Global safety nets to check currency, market volatility needed: FM Jaitley

Last Updated: Saturday, September 5, 2015, 17:41

Jaitley also sought a well-designed and quickly-triggered safety nets under IMF like strengthening of liquidity arrangements via multilateral swap arrangements between member countries.

G20 seeks to lift market mood despite China alarm

Last Updated: Saturday, September 5, 2015, 14:49

Ministers and central bank chiefs from the world`s top 20 economies sought Saturday to bolster market confidence in the global economy, despite mounting alarm about the fallout from China`s slowdown.

US asks China to fast-track reforms, refrain from devaluation

Last Updated: Saturday, September 5, 2015, 12:53

As the world leaders expressed concern here over slowdown in China dragging down the global economic growth, the US Treasury Secretary Jacob Lew has told his Chinese counterpart to ensure that the currency is allowed to move freely as per market forces.