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G20 nations warn of Brexit risk to global growth

G20 nations warn of Brexit risk to global growth

Finance ministers from the world`s biggest economies warned of global uncertainty from Britain`s looming departure from the European Union, as they gathered in China on Sunday.

Christine Lagarde says global growth forecast revised downward on Brexit

She made the comments at a briefing after meeting China`s Premier Li Keqiang and the head of the World Bank and other senior global economic officials.

Brexit to drag on global growth through 2017: IMF

Brexit to drag on global growth through 2017: IMF

The uncertainty created by Britain`s vote to leave the European Union will slow the global economy into next year, the International Monetary Fund predicted Tuesday.

Brexit will put pressure on global growth: IMF deputy MD

Brexit will put pressure on global growth: IMF deputy MD

Brexit creates huge political uncertainty and will put pressure on global growth, IMF Deputy Managing Director Zhu Min said.

Avoid protectionism, competitive devaluation: FM Jaitley to G20

Avoid protectionism, competitive devaluation: FM Jaitley to G20

Pitching for more coordinated effort by G20 to boost global growth, Finance Minister Arun Jaitley has said that countries must avoid trade protectionist measures and refrain from competitive devaluations of currency as greater focus must be on public investment.

 

G20 ministers face pressure on economic growth, tax evasion

G20 ministers face pressure on economic growth, tax evasion

Finance ministers of the world`s top economies face pressure to do more for global growth and crack down on tax evasion when they gather Friday during the spring meetings of the IMF and World Bank.

IMF chief ramps up call for global action as growth risks increase

The global economy`s already modest prospects will decline further unless authorities take stronger action to boost growth, the head of the IMF warned on Tuesday, saying the Fund would cut its headline forecasts next week.

Indian economy the 'engine of global growth' under PM Modi: Shinzo Abe

Indian economy the 'engine of global growth' under PM Modi: Shinzo Abe

Japanese Prime Minister Shinzo Abe acknowledged that under Prime Minister Narendra Modi`s leadership, the Indian economy was now serving as the engine of global growth.

Invest in lucrative Indian market: Raghuram Rajan tells Australian companies

Invest in lucrative Indian market: Raghuram Rajan tells Australian companies

Rajan was talking on a wide range of issues when he asked Australian investors to tap the Indian market now.

India, US are two engines of growth amid bleak global scenario: Kaushik Basu

India, US are two engines of growth amid bleak global scenario: Kaushik Basu

In this bleak global scenario, the US among the rich economies and India among the emerging economies are the two engines of growth, World Bank chief economist Kaushik Basu said.

Delaying action on climate change will hurt growth: Global CEOs

Advocating the need for meaningful "global action" to deal with climate change, honchos of 78 corporates, including from India, Monday said delaying action would damage growth prospects in the years to come.

Endorsing India's stand, G20 leaders push for lifting of global growth

Endorsing India's stand, G20 leaders push for lifting of global growth

G20 leaders pushed for plan to lift global growth, create employment and promote development to eradicate poverty.

India can become a pillar of global growth and stability: PM Modi

India can become a pillar of global growth and stability: PM Modi

Prime Minister Narendra Modi said bold reforms has helped the country to clock 7.5 per cent growth that will improve further in coming years.

India witnesses better growth prospects amid slowdown in global economy

The latest projections come at a time when the global economy as a whole is grappling with uncertainties, especially in the wake of Chinese slowdown.

OECD cuts world growth outlook, warns on emerging markets

OECD cuts world growth outlook, warns on emerging markets

The OECD cut its world economic growth forecasts for 2015 and 2016 Wednesday, warning of a dramatic slowdown in Brazil and a global outlook clouded by uncertainty over China.

BRICS voices concern over 'fragile' global growth

BRICS countries, including India, Thursday voiced concern over the "fragile recovery" of global growth and the potential spillover effects from the "unconventional monetary policies" of the developed countries and felt that the BRICS Development Bank will serve as a powerful instrument for financing infrastructure investment.

IMF lowers 2015 global growth forecast to 3.3%

The International Monetary Fund lowered its 2015 global economic growth forecast on Thursday, citing a likely "temporary setback" from the United States in the first months of the year.

India'a app usage outpacing global growth: Yahoo Analytics

India'a app usage outpacing global growth: Yahoo Analytics

 Yahoo's Flurry Analytics on Tuesday said India's app usage is growing at a rate of 131 percent year-on-year outpacing global growth.

Economy to grow 7.6-7.8%; below-normal monsoon risk exists: ICRA

Rating agency ICRA on Tuesday said the Indian economy will grow in the range of 7.6-7.8 percent in the current fiscal, despite the headwinds posed by muted global growth and an unfavourable monsoon outlook.

'Weak exports to hit growth by 0.40% in 2015'

A slowdown in exports is likely to bring down India's growth rate by 0.40 percentage point in 2015, a report by global brokerage firm HSBC has said.