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Global economic situation grim, worrisome: Jaitley

Global economic situation grim, worrisome: Jaitley

The global economic situation is "grim" and "worrisome" and that has prompted the nations to put up "firewalls" around their own systems to save themselves from the slowdown and grow within the limitations, Finance Minister Arun Jaitley has said.

Economy stabilising despite uncertain global situation: FM Jaitley

Economy stabilising despite uncertain global situation: FM Jaitley

Finance Minister Arun Jaitley on Friday said Indian economy has witnessed significant improvement in macro-economic stability despite uncertain global economic situation.

Global economic situation an opportunity for India: Jaitley

Global economic situation an opportunity for India: Jaitley

Describing India as transiently impacted by recent events in China, Finance Minister Arun Jaitley on Tuesday said the global situation instead presented an opportunity for the country as it is a net importer of commodities and oil is in free fall.

RBI board discusses economic situation, policy issues

RBI's Central Board of Directors on Thursday discussed challenges facing the domestic as well as the global economic situation at a review meeting here of the central bank.

Economic environment in 2013 will not be easier: Merkel

German Chancellor Angela Merkel has cautioned citizens to be prepared for tough times ahead in view of a deteriorating economic situation.

Capacity utilization deficit puts Motown in reverse gear

India faces a problem of aplenty which is unlikely to get mitigated anytime soon given the current depressed economic situation. This brings with it the grave risk of ruining country’s tryst with the manufacturing story.

Capacity utilization deficit puts Motown in reverse gear

India faces a problem of aplenty which is unlikely to get mitigated anytime soon given the current depressed economic situation. This brings with it the grave risk of ruining country’s tryst with the manufacturing story.

M&A deal activity in India slows down on economic concerns

India-focused merger and acquisition deals witnessed a moderation in May due to global economic situation and concerns over government policies along with depreciation of the Indian rupee.

Unpopular austerity measures on way, says Pranab

Worried over deteriorating global economic situation and its impact on India, the government on Wednesday announced that it would resort to "unpopular" austerity measures to deal with fiscal problems but made it clear there is no pressing of "panic button".