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  US treats India as pawn in its strategy: Chinese daily

  World | January 20, 2015 12:48 IST

  Beijing: The US is only treating India as a pawn in its rebalancing strategy to the Asia-Pacific region, a Chinese daily said on Tuesday.The daily, Global Times, said that developing a good relationship with India

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  IMF applauds India for cutting fuel subsidy

  January 18, 2015 14:42 IST

  Washington: The International Monetary Fund (IMF) had lauded India's efforts to cut fuel subsidies, saying the fall in global crude oil prices provides a golden opportunity to reduce energy subsidies.While speaking about the outlook for

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  World Bank cuts global economic outlook for 2015

  January 14, 2015 16:07 IST

  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

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  Global slow growth opportunity for India: Arun Jaitley

  January 08, 2015 7:26 IST

  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

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  Crude oil prices remain near five-and-a-half year lows

  January 07, 2015 11:24 IST

  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

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  India's economy to grow at 5.5 per cent this fiscal: UN ESCAP

  October 01, 2014 8:05 IST

  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

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  A global jobs crisis is coming, warns World Bank

  September 09, 2014 15:25 IST

  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

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  G7 summit to focus on Ukraine situation, global economy

  World | June 01, 2014 7:25 IST

  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

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  US debt crisis can cause global financial turmoil: IMF

  October 08, 2013 23:48 IST

  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

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  US debt ceiling issue to hurt global economy: IMF chief

  World | October 04, 2013 9:27 IST

  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

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  Global economy to face rough time for 2 years: Basu

  December 16, 2012 7:37 IST

  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

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  Global economy still fraught with uncertainty: IMF chief

  September 25, 2012 16:06 IST

  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

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  Worldwide Unemployment Has Crossed 200 Million : ILO

  World | October 31, 2011 21:59 IST

  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

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  Cameron Warns About Global Economy

  World | September 23, 2011 10:57 IST

  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