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.
Last Updated: Friday, August 21, 2015, 23:12
World stock markets were hammered with heavy losses on Friday, as China`s economic woes triggered European and Wall Street equity sell-offs and stirred up fears for global growth.
Last Updated: Friday, July 24, 2015, 15:27
The global economy started the second half of the year on shaky ground as business activity in the euro zone was weaker than expected and China`s vast factory sector appeared to be contracting at the fastest pace in 15 months in July.
Last Updated: Thursday, July 23, 2015, 21:21
With little sign of accelerating growth or inflation, most central banks are still looking to ease monetary policy, in stark contrast to the U.S. Federal Reserve which is on the brink of its first rate hike in nearly a decade.
Last Updated: Monday, July 13, 2015, 15:49
Economic troubles for China will not be a great news for India which cannot be in `sweet spot` as there would be more negatives than positives from the ripples of a Dragon dragging the shaky world economy, an ASSOCHAM paper has said.
Last Updated: Sunday, June 28, 2015, 18:40
"We need rules of the game in order to effect a better solution. I think it is time to start debating what should the global rules of the game be on what is allowed in terms of central bank action," he said.
Last Updated: Friday, June 26, 2015, 10:35
Rajan, who is among the few to have predicted the 2008 financial crisis, said the problem was a "broader" one and for the entire world -- not just for industrial countries or emerging markets.
Last Updated: Wednesday, June 3, 2015, 15:29
It predicted the world economy would grow at a rate of 3.1 percent this year, down from the 4.0 percent increase it projected in March.
Last Updated: Monday, January 12, 2015, 15:14
Sales rose 6.9 percent, or 1.51 million vehicles, to 23.49 million, the China Association of Automobile Manufacturers (CAAM) said.
Last Updated: Tuesday, December 30, 2014, 05:27
Argentina`s economy contracted 0.8 percent late this year, amid weaker industrial output and weaker exports, authorities said Monday.
Last Updated: Tuesday, December 30, 2014, 02:45
Crude oil prices on tumbled Monday, with global grades settling down more than $1 a barrel after an early rally fizzled and prices fell to their lowest levels since May 2009.
Last Updated: Thursday, December 4, 2014, 10:10
The European Central Bank, at its final meeting of the year on Thursday, will prime the markets for new anti-deflation measures, but will wait until early next year to act, analysts said.
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