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China fears keep markets on edge as stocks rally

Last Updated: Saturday, August 29, 2015, 10:20

Top global markets ended the week Friday largely recovered from China-induced panic selling, but market watchers remain worried the turmoil in the world`s number two economy will drag down global growth.

India can replace China as driver of global growth: FM Jaitley

Last Updated: Thursday, August 27, 2015, 16:44

Seeing an opportunity in the recent turmoil in global equity and currency markets, Finance Minister Arun Jaitley Thursday said India, with 8-9 percent growth rate, can replace China as the driver of world economy.