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China needs to disclose foreign exchange market intervention: US

In its six monthly report to the US Congress, the Department of Treasury, however, declined to name China a currency manipulator even though it noted that its currency renminbi (RMB) has not appreciated as fast or as much as needed.

G-20 commits to rebuilding confidence in financial markets

At the end of their two-day meeting which concluded here on Monday, Finance Ministers of G-20 nations including P Chidambaram from India, said "global growth remains modest and downside risks are still elevated..."

G-20 needs to redouble efforts to avoid trade tensions: Report

India and other G-20 nations should redouble their efforts to avoid trade tensions among them even though new trade restrictive measures by member countries have slowed in the past five months, says a report.

India asks G-20 to make 'credible and ambitious' action plan

India has called upon G-20 nations, the world's top economies, to work out a "credible and ambitious" action plan to put the global economy firmly on the path of recovery as also promote strong, sustainable and balanced growth.