Global economic turmoil hitting Indian markets: Government

Global economic turmoil hitting Indian markets: Government

The S&P BSE Sensex, which opened at 23,938.32 points, provisionally closed at 23,758.90 points (3.30 p.m.) -- down 262.08 points or 1.09 percent from the previous day`s close at 24,020.98 points.

US dollar to be blamed for economic slowdown: Forbes

US dollar to be blamed for economic slowdown: Forbes

While it is easy to blame the slowing of the US economy on foreigners, a recent article published by The Forbes has said that rise of the US dollar is the root cause.

Global growth will be disappointing in 2016: IMF's Lagarde

Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.

China may cut GDP target to 6.5% amid economic slowdown

China may cut its GDP growth target to 6.5 percent from 7 percent in its next five year plan from next year at the top policy body of the ruling Communist Party's meet beginning here tomorrow amid continued slowdown of world's second largest economy.

Chinese slowdown would hit Asia-Pacific region hard, says IMF

Chinese slowdown would hit Asia-Pacific region hard, says IMF

The IMF on Saturday warned that a sharp economic slowdown in China would hit not only the world's second largest economy but the rest of Asia-Pacific region hard.

Chinese envoy links economic slowdown to environment

Are environment concerns the reason for economic slowdown in China?

World stocks hit two-year lows as commodities stay pressured

World stocks hit two-year lows as commodities stay pressured

Global stocks slid to their lowest in more than two years on Tuesday as raw materials prices and emerging markets stayed under pressure.

Dow ends choppy day slightly lower; Nasdaq gains

US stocks ended a rocky week on a muted note Friday, with the Dow dipping and Nasdaq advancing as fears about a global economic slowdown due to China tested sentiment.

China provided $10 billion tax breaks for SMEs

China has provided USD 10 billion worth of tax concessions to small and micro businesses to help them to ward off negative effects of its economic slowdown which touched a 24 year low last year.

Rural India slowdown threatens PM Modi's promise of 'better days'

Tougher times in rural communities spell bad news for Prime Minister Narendra Modi, who swept to power last May with a promise of "better days" - new jobs and development to lift hundreds of millions of Indians out of poverty.

China holds key economic meet amid concerns over slowdown

China's top planners Tuesday held a key meeting amid growing concerns over slowdown in the world's second largest economy as officials warn it may miss the 7.5 percent growth rate target this year and continue to plummet next year creating new pressures.

This is best time for India to become superpower: KPMG CEO

Global consultancy firm KPMG India's CEO Richard Rekhy today said that economic slowdown in many countries have provided a great opportunity for India to be at centre stage of world.

India coming out of economic slowdown: OECD

The economy is to expand by 5.4 percent this fiscal, OECD said adding India was recovering faster than other economies which faced slowing growth.

Markets may have over-reacted to slowdown: Bank of England's Haldane

That represented a sharp change from some recent expectations that key rates would start to rise from their record low of 0.5 percent, possibly in November.

Automotive Mission Plan 2016 targets to be missed by up to 25%

The economic slowdown in the last three years that resulted in a demand slump will force the Indian auto industry to miss by up to 25 per cent of the targets set in ambitious Automotive Mission Plan (AMP) 2016.

South Korea unveils $40 bn economic stimulus package

The stimulus plan of 41 trillion won ($40 billion) includes 11.7 trillion won in expanded fiscal spending and 29 trillion won in extra financing support.

Worst economic slowdown has ended in China: US

China has lived through worst economic slowdown due to its determination to deepen reforms in the world's second largest economy, prominent US economist Stephen Roach said Wednesday.

'Economic slowdown in emerging markets impacts global export demand'

According to the QNB Group report, the growth in emerging markets (EMs) - from Brazil to Indonesia, Russia and South Africa - is slowing down.

PC sales plunge 20.6% in Q1 on poor govt orders: Gartner

The first quarter of 2014 has started a poor note for the domestic PC market- both desk as well as mobile based computers- as sales plunged 20.6 percent to 1.9 million units over the same period last year.

India's domestic demand may witness a recovery: HSBC

India's domestic demand is likely to recover from the sharp slowdown it experienced over the course of 2013, largely driven by the growing population and nascent middle-class, an HSBC report says.