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G20 vows to boost global GDP by $2 trillion in next 5 years

Last Updated: Saturday, April 12, 2014, 22:25

G-20 members said they would ensure that their comprehensive growth strategies to be presented at the Brisbane Summit outline ambitious, realistic and concrete measures to achieve strong, sustainable and balanced growth.

India calls for data sharing on taxation

Last Updated: Saturday, April 12, 2014, 21:07

India on Saturday called for data sharing on taxation and blamed the industrialised and developed world for their reluctance on parting with this information.

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.

Oil rebounds after G20 vows to spur global growth

Last Updated: Monday, February 24, 2014, 12:31

Oil prices rebounded in Asian trade Monday as the world`s biggest economies vowed to spur global growth by more than USD 2 trillion over five years.

G20 growth pledge easier in the making than the execution

Last Updated: Monday, February 24, 2014, 10:48

The Group of 20`s proposal to lift economic activity by 2 percent over the next five years has so many holes in it, there`s no wonder it was the first official target that all members felt happy to agree on.

G20 global growth target attainable: IMF chief

Last Updated: Sunday, February 23, 2014, 17:28

Applauding the G20 agenda to lift global GDP by at least 2 percent over 5-years, IMF chief Christine Lagarde Sunday said the goal is attainable and called for more action to achieve robust sustained global recovery.

G20 agree to plug tax loopholes, share tax info automatically

Last Updated: Sunday, February 23, 2014, 14:34

World's 20 leading economies Sunday agreed to start automatic sharing of tax information by end 2015, while emphasising that multinational corporations be taxed in countries where they earn their profits.

G20 aims to lift growth, open up on monetary policy

Last Updated: Sunday, February 23, 2014, 14:32

The world`s top economies vowed Sunday to rev up world growth by boosting investment and increasing employment, while agreeing to more transparency on monetary policies after rifts over the US taper.

G20 aims to lift global GDP, regrets delay in IMF reforms

Last Updated: Sunday, February 23, 2014, 14:14

The Finance ministers and central bank governors of G20 nations Sunday decided to work towards lifting their collective GDP by more than two percent over the next five years and exhorted the United States to go ahead with the IMF quota reforms.

Satisfied with G20 outcome, concerns on board: Chidambaram

Last Updated: Sunday, February 23, 2014, 14:05

Satisfied with the outcome of G20 meeting, Finance Minister P Chidambaram Sunday said India's concerns with regard to withdrawal of US stimulus and the need to expedite IMF quota reforms have been taken on board by the group of rich and developing nations.

G20 Sydney meeting: Comments from policymakers

Last Updated: Sunday, February 23, 2014, 13:59

The world`s top economies have embraced a goal of expanding activity by more than USD 2 trillion over five years while creating tens of millions of new jobs, signalling optimism that the worst of crisis-era austerity was behind them.

India satisfied with the outcome of G20: Chidambaram.

Last Updated: Sunday, February 23, 2014, 13:07

Chidambaram, who represented India along with RBI Governor, Raghuram Rajan, said the country's concern with regards to tapering, IMF quota reforms were addressed at the G20 communique and that it was satisfactory.