New Delhi: The World Bank has cut its outlook for global growth and warned that the world's economy is "running on a single engine."The global development lender predicted that deepening trouble in the eurozone, Japan
Kolkata: Observing that India needs to create an environment for cyclic investments and ease norms of doing business, Union Finance Minister Arun Jaitley on Wednesday pointed to the ongoing global slow growth as an opportunity
New Delhi: Oil prices remained near five-and-a-half year lows in early Asian trading on Wednesday. Oil prices are down almost 10 per cent this week to hit their lowest since spring 2009.Analysts say a supply
New Delhi: United Nations Economic and Social Commission for the Asia and the Pacific (UN ESCAP) expects a stronger growth momentum of 5.5 per cent for India in 2014-15 on account of economic expansion, likely
New Delhi: The world is heading for a global job crisis, which is hurting the chances of a swift economic recovery, the World Bank warned on Tuesday.In a study released at a G20 Labour and
Brussels: The G7 Summit, set to be held in Brussels next week, will focus on Ukraine situation, ties with Russia, global economy and energy security, according to preliminary agenda unveiled by the European Union (EU).The
WASHINGTON: The IMF today warned that an imminent debt default by the US due to the government shutdown would result in disruptions in financial markets and could possibly trigger global economic turmoil.“Failure to lift the
Washington : The International Monetary Fund (IMF) chief warned Thursday that if US Congress failed to raise the government's borrowing authority, it would seriously damage both the US as well as the global economy."In the
New Delhi, Dec 16: Global economy will go through a very rough time in the next two years and it is time for India to invest in infrastructure and soft sides of development, World Bank
Washington, Sep 25: The global economy is still fraught with uncertainty and still far from where it needs to be, Christine Lagarde, managing director of the International Monetary Fund (IMF), said."We continue to project a
Geneva, Oct 31: The present global economic scenario is leading to a slowdown in employment generation which will further delay the recovery and may ignite social unrest in scores of countries, warned an International Labour
Toronto, Sept 23: British Prime Minister David Cameron joined Canada's prime minister in issuing dark warnings about the global economy on Thursday, saying Eurozone countries must act swiftly to resolve the debt crisis and make
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