East Asia Summit to discuss terror: Modi

PM Narendra Modi said "looming threat of terror" and pressing security issues will be discussed at the 10th East Asia Summit.

G20 FMs approve final standards for global tax reforms

Finance Ministers from India and other G20 countries on Friday endorsed the final detailed action plan for putting in place a coherent and transparent global tax regime to curb artificial profit-shifting ways.

G20, OECD issue new corporate governance code

To safeguard minority shareholders' interests and promote capital market as a key platform to raise funds, G20 and OECD today announced new Corporate Governance Principles for listed companies and regulators in all member countries including India.

India among few bright spots in global economy, says IMF

The IMF said India is among the few bright spots in the global economy as G20 Finance Ministers began their two-day meeting.

G20 promises transparency on rate moves as global economy disappoints

The text welcomed strengthening activity in some economies but said that global growth fell short of expectations, although it expressed confidence a recovery would gain speed.

Sensex plunges 563 points; Rajan says don't be scared of markets volatility

Stressing investors should not be scared of transient volatility in markets, India`s central bank governor Raghuram Rajan on Friday said the problems facing the global economy include low productivity and low investments with people saving more and spending less.

Raghuram Rajan urges world to hike rates; but not in a 'big bang'

Rajan also said that the concerns about market volatility should not come in way of the decision of the central banks.

Additional $60 billion forex needed to fight volatilities: HSBC

As India's forex kitty is growing steadily, foreign brokerage HSBC on Friday said the country needs at least USD 60 billion more in reserves to fight a sustained period of global volatilities.

G20 leaders face pressure to deliver on growth

The world`s top industrial nations have vowed to boost their combined economic output by some two trillion dollars above the currently projected level in the next five years, via domestic policy reforms.

G20: Modi makes strong pitch for repatriation of black money

Prime Minister Narendra Modi on Saturday pitched for global cooperation on repatriation of black money stashed abroad as the summit of G20 countries opened here amidst intense pressure from within on tackling the menace.

IMF: low oil prices to boost growth

The fall in oil prices to their lowest levels in more than three years should give a boost to the sagging world economy, the International Monetary Fund said on Wednesday.

G20 promises more steps to boost global GDP by $2 trillion

G20, a grouping of developed and developing nations, Sunday vowed to take more measures to push the global GDP by an additional 2 percent, or over USD 2 trillion, by 2018.

G20 finalising flexible "bail in" bond deal for big banks: Report

The world`s biggest banks may be able to count surplus capital towards new buffers of special bonds being imposed by regulators, two sources familiar with draft proposals said.

Interest rates rises could thwart G20 growth goal

The G20`s pledge to boost growth could be wiped out by rising interest rates and weakening emerging economies, an IMF report said, as chief Christine Lagarde warned Thursday of "slow" progress in reaching the goal.

Avoid protectionist policies: US manufacture sectors to G 20

Alleging protectionist policies by countries like India, eminent industry associations from developed world have said the trade ministers of G20 countries should avoid adopting such measures.

As crisis fades, G20 tries to get its mojo back

Top officials for the world's biggest economic powers get nostalgic over how they mobilized to save the world from economic collapse in 2008. They are not nearly so glowing about their current muddle.

G20 in favour of strengthening growth and creating jobs

The G20 Summit concluded here on Friday with the general consensus on strengthening growth and creating jobs.

G20 for faster exit of stimulus, but with clarity

In what is both a give and a take for India, the G20 Summit ended here Friday with a declaration that while countries will not prolong the exit of fiscal stimulus, it will be done in a calibrated way and clearly communicated in a bid to prevent volatility in currency markets.

G20 leaders vow to tackle tax avoidance

India on Friday said the stand taken by the G20 nations that profits of multinational companies should be taxed where economic activities deriving the profits are performed and where value is created is an "important landmark" and it validates the country's position.

G-20 acknowledges India's concerns on currency volatility

The Summit also shared Prime Minister Manmohan Singh's views on the need for orderly exit from the monetary stimulus undertaken in the context of 2008 economic crisis.