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UK warns of Brexit `shadow` on world economy

 Britain`s finance minister warned Brexit would cast a "shadow" over the world economy but said he was eyeing a free trade deal with China in interviews with the BBC and Sky News on Sunday.

Turkey will adhere to democratic principles, rule of law: Deputy PM

Turkey will strongly adhere to democratic principles and rule of law, Deputy Prime Minister Mehmet Simsek said on Saturday, referring to the government`s crackdown in the aftermath of a failed military coup.

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 finance ministers warn against Brexit

Ministers from the world`s biggest economies lined up on Saturday to warn against a potential British exit from the European Union.

G20 draft communique says monetary policy alone cannot bring balanced growth

G20 draft communique says monetary policy alone cannot bring balanced growth

A draft of the G20 communique seen by Reuters on Saturday says that monetary policy alone cannot bring balanced growth, as global finance leaders meet in Shanghai to try to agree on confidence-building measures for the world economy. 

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 launches W20 grouping for gender inclusive economic growth

The W20 group -- having 20 women leaders from G20 nations -- would host its first summit next month in Istanbul after all member countries appoint their nominees.

G20 charts careful course in turbulent economic waters

Warily watching economic clouds gathering in China and the possibility of an end to zero interest rates in the United States, G20 leaders steered a careful course at their meeting in Turkey at a time of uneven and fragile growth.

G20 eyes faster economic reforms as cheap credit not enough for growth

"We note that in line with the improving economic outlook, monetary policy tightening is more likely in some advanced economies."

G20 must step up growth efforts: IMF's Lagarde

The world`s biggest economies must step up reform efforts to boost growth in line with targets they set last year using a mix of accommodative monetary policy, fiscal policy and structural reforms, the head of the International Monetary Fund said.

G20 vows to boost fragile growth, nudges China on currency

G20 finance ministers and central bank chiefs on Saturday pledged to act decisively to shore up stuttering global growth and to refrain from unsettling currency moves after China`s controversial devaluation last month.

G20 says global growth 'short of expectations'

The G20 group of top world economies on Saturday said that global economic expansion was slower than had been expected but expressed confidence that a recovery would gain momentum.

India to take up currency devaluation issue at G20

Ahead of the meeting of G20 finance ministers and central bank governors in Turkey, India on Thursday said competitive devaluation of currency is a major threat to stability in the global economy.

G20 to sidestep US on IMF reforms

The United States can block the IMF reforms because it holds a controlling share of votes.

G20 strikes hopeful tone, but officials fret over Greece

The G20, however, sounded guardedly optimistic the global economy was poised for at least a modest recovery.

India presses for auto info exchange to deal with black money

India has called for expeditious implementation of the automatic exchange of tax information saying it would help in tracking illegal money stashed in foreign banks.

G20 optimistic on global economy

G20 finance ministers and central bank governors reiterated their commitment to undertake reforms that will boost the global economy by $2 trillion more over the next five years than otherwise expected.

G20 finance chiefs confident growth goals achievable

Finance chiefs from G20 nations wrap up a two-day summit Sunday confident that boosting their combined growth by at least an extra 1.8 percent is achievable, and even better if sufficient reforms are made.

G20 resolves to check profit shifting for fair tax realisation

The Finance Ministers of the G20 nations on Saturday resolved to tackle Base Erosion and Profit Shifting (BEPS) to make sure companies pay their fair share of tax.

IMF calls on G20 for 'decisive action' on growth

The International Monetary Fund on Wednesday called on the Group of 20 major economies to take clear steps to spur growth at this weekend`s meeting of finance chiefs in Australia.