Egypt swears in new government to tackle economic woes

Egypt`s Prime Minister Ibrahim Mehleb was sworn in on Tuesday at the head of a new government that retained key economic and security ministers but created a new investment post to attract funds to an economy racked by years of political turmoil.

Montek rules out approaching IMF over economic woes

Hit by a currency crisis and poor growth, India on Saturday ruled out approaching the International Monetary Fund (IMF) for assistance, saying the economic situation has not reached a point where outside help is warranted.

China sacks top economic official over corruption charges

A former top economic official in China has been expelled from the Communist Party and removed from public office over charges of corruption and bribery.

16 economic legislations in coming Parl session

The bills are considered important for the next gen reforms and the government has been making requests
to the Parl panel to complete the work.

India, China to resume military exchanges

The decision was taken at a meeting between PM Manmohan Singh and Prez Hu
Jintao.

China to retain advantage despite India`s demographic rise

China would retain its economic advantage against India in the next two decades despite decline in population and the labour force, a top Chinese analyst has said.

Gilani identifies areas for cooperation with US

Premier Yousuf Raza Gilani on Saturday identified strengthening the capacity of law enforcement agencies and fast tracking of economic and military aid.

No monetary tightening seen for now: Finmin advisor

India is not expected to announce any monetary tightening measures for now, the finance ministry`s chief economic advisor Kaushik Basu said on Monday.

WPI inflation likely to be over 7.5 pc by end-FY 10: D&B

"Wholesale Price Index (WPI) inflation will average between 6.40-6.60 per cent during December 09," Dun & Bradstreet`s economy forecast said here on Tuesday.

China`s rise as economic power most-read news of decade

The rise of China as an economic superpower was the most read news story of the past decade, surpassing the Iraq War and the 9/11 attacks.

Japan unveils $81 billion economic stimulus

Japan Tuesday unveiled a fresh stimulus package worth 7.2 trillion yen ($81 billion) Tuesday to spur the world`s second-largest economy facing deflation and a rising yen.

`India needs to be stable in troubled economic climate`

India needs to find a balance between remaining competitive and being financially secure and stable in a troubled economic climate, Infosys` Chief Mentor N R Narayana Murthy said here Friday.

Terrorists seeking to upset economic growth: Home Ministry

The Home Ministry has said terrorists backed by various external agencies have spread their focal point beyond the Kashmir Valley with the aim of creating communal strain, affecting the country’s economic development.

Oil stays above $79 amid mixed economic signs

Oil prices hovered above $79 a barrel Thursday in Asia amid mixed signals over the strength of the global economic recovery.

`BRIC countries represent fundamental global economic shift`

The rise of BRIC countries represents a fundamental shift in global economy and the developing world needs a legitimate seat at the table so that shared challenges are better addressed, a powerful US Senator has said.

Chinese Prez Jintao vows to keep up economic stimulus

Chinese President Hu Jintao said Friday his government`s stimulus measures are yielding global benefits and he promised further efforts with the world economy still in uncertain times.

Buffett, Gates tell students worst is not over

Capitalism is still alive and well, say the world`s two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression.

Extra-fast recovery in India, China & Australia: IMF

The IMF said on Thursday the economies of India, China and Australia were recovering especially rapidly, suggesting it notices growing pressures for authorities there to tighten monetary policy ahead of others in the region.

Nomura cuts India`s FY10 growth forecast to 6%

India`s economic growth could slow to 6 percent from 6.3 percent in 2009/10 dragged by contraction in agricultural growth, Nomura said in a recent note.

G20 to maintain economic stimulus measures

Top finance officials from rich and developing countries agreed on Saturday to curb hefty bankers` bonuses, but the proposed crackdown on excessive payouts so far falls short of European demands.