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IMF lowers 2014 global growth forecast to 3.4%

IMF lowers 2014 global growth forecast to 3.4%

Last Updated: Thursday, July 24, 2014, 21:04

The IMF projected global growth of 3.4 percent for this year, down from its April estimate of 3.7 percent.

Asian shares slip, global bond yields down on growth concerns

Last Updated: Friday, June 27, 2014, 11:46

Asian shares were mostly in the red on Friday, weighed down by a weak performance on Wall Street and doubts about the strength of the U.S. economy, which pushed bonds higher.

G20 lagging on growth targets: Australia

Last Updated: Monday, June 23, 2014, 14:47

In February, the G20 economies vowed to boost global growth by more than USD2 trillion over five years, shifting their focus away from austerity as a fragile recovery takes hold.

Global infrastructure, capital spending to hit $9 trillion by 2025: PwC study

Last Updated: Monday, June 23, 2014, 11:29

The growth will be driven by China, which overtook the United States as the top spender on capital and infrastructure in 2009, Pricewaterhouse said.

Wall Street ends lower after World Bank cuts forecast

Last Updated: Thursday, June 12, 2014, 10:00

U.S. stocks fell on Wednesday, with the Dow breaking a four-day string of record closing highs, following the World Bank`s reduction of its global growth forecast.

WB forecasts disappointing growth for developing countries

Last Updated: Wednesday, June 11, 2014, 11:07

Developing countries are headed for a year of disappointing growth, the World Bank said in its Global Economic Prospects (GEP) report, which has lowered its forecasts for developing countries to 4.8 percent growth rate this year from the January estimate of 5.3 percent.

World Bank cuts growth outlook as Ukraine crisis weighs

Last Updated: Wednesday, June 11, 2014, 10:35

The World Bank on Tuesday trimmed its global growth forecast, saying a confluence of events, from the Ukraine crisis to unusually cold weather in the United States, dampened economic expansion in the first half of the year.

Asian shares lower despite G20 growth pledge

Last Updated: Monday, February 24, 2014, 18:42

Asian stock markets lost ground on Monday, with investors little moved by the G20`s weekend commitment to boost global growth by USD 2 trillion over five years.

Markets extend fall amid global turmoil; down 137 points

Last Updated: Saturday, February 08, 2014, 17:13

The NSE 50-share Nifty also declined by 26.30 points, or 0.43 percent, to finish at 6,063.20.

IMF predicts higher global growth but warns of risks

Last Updated: Thursday, January 16, 2014, 11:22

The International Monetary Fund expects global growth to pick up this year, though deflation is a "rising risk" as long as economic growth stays below what policy-makers believe is optimal, the head of the Fund said on Wednesday.

IMF cuts global growth forecast, warns of prolonged stupor

Last Updated: Tuesday, October 08, 2013, 21:27

The International Monetary Fund trimmed its forecasts for global output on Tuesday for the sixth time since early last year, saying stronger growth in most advanced economies would fail to make up for a more sluggish expansion in the developing world.

Muthoot Fincorp joins WEF's GGC Community

Last Updated: Tuesday, October 08, 2013, 17:56

Global Growth Companies (GGCs) community of World Economic Forum comprises 370 entities from 60 countries as its current members.