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IMF ratchets up call to address anti-globalisation anger

As the global recovery gathers pace, the IMF is turning up the volume on its call for wealthy countries to address popular anger over the impact of globalization and head off the threat of protectionism.

Need to sustain global growth momentum: Lagarde

Need to sustain global growth momentum: Lagarde

Noting that the world economy is picking up momentum, IMF chief Christine Lagarde has underlined the need to sustain this growth and make it more inclusive.

Facebook CEO Zuckerberg expresses concerns on anti-globalisation trend

Facebook CEO Zuckerberg expresses concerns on anti-globalisation trend

Mark Zuckerberg has revealed deep-seated concerns that the tide is turning against globalisation.

World Bank projects global growth at 2.7% in 2017

In an encouraging sign, the World Bank has projected a global growth of 2.7 percent in 2017, even as it observed that stagnant global trade, subdued investment and heightened policy uncertainty marked another difficult year for the world economy.

World stocks hit 1-1/2 year high after strong China data

World stocks hit 1-1/2 year high after strong China data

World stocks hit their highest level since mid-2015 on Thursday after strong Chinese data added to the optimism about global growth and inflation that has been driving markets since the start of the new year.

Need to revive arbitral centres to win investor confidence: Arun Jaitley

Need to revive arbitral centres to win investor confidence: Arun Jaitley

Pitching for making India an important commercial arbitral centre, Finance Minister Arun Jaitley on Friday said efforts are being made to revive the arbitration centres in Mumbai and national capital with a view to expedite contractual dispute resolution at lesser cost.

IMF says global debt tops $152 trillion, urges some to spend more

IMF says global debt tops $152 trillion, urges some to spend more

The world is swimming in a record $152 trillion in debt, the IMF said on Wednesday, even as the institution encourages some countries to spend more to boost flagging growth if they can afford it.

India and China only countries that can drive economic growth across globe: Sri Lankan PM

India and China only countries that can drive economic growth across globe: Sri Lankan PM

Sri Lankan Prime Minister Ranil Wickramasinghe marked out India and China as the only countries that can drive economic growth across the globe and manufacturing companies have no other place to go.

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.