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RBI extends realisation period for exporters to 12 months

Last Updated: Tuesday, November 20, 2012, 23:08

This has been done in the wake of global economic slowdown leading to payment delay by the buyers abroad.

Global slowdown hurting developing countries the most: Suzuki

Last Updated: Sunday, October 07, 2012, 19:19

Economic slowdown is affecting developing countries the most even as loss of employment due to it has become a global phenomenon now, Noriyuki Suzuki of International Trade Union Confederation said here.

India can recover faster than China: RBI

Last Updated: Sunday, September 30, 2012, 18:20

India can recover from global economic slowdown faster than China as the economy is driven by domestic consumption, but the country needs to "get its act together" for this to happen, Reserve Bank Deputy Governor Anand Sinha said on Sunday.

'Global economic slowdown delays South Korean recovery'

Last Updated: Monday, September 03, 2012, 12:13

Global economic slowdown caused mainly by Europe's fiscal crisis has been delaying South Korea's economic recovery, the nation's finance minister said Monday.

China's export hub hit hard by global economic slowdown

Last Updated: Monday, August 27, 2012, 14:26

Hit hard by global economic downturn, many firms in China's export hub Wenzhou are closing down as they face a "more serious" situation than the 2008 financial crisis with big companies in the country posting sharp dip in profits.

Posco Q1 net plunges 42% on price cuts, high material costs

Last Updated: Friday, April 20, 2012, 13:51

Posco, the world's third-largest steelmaker by output, said Friday its first-quarter net profit fell 42 percent from a year earlier as lower product prices and higher raw-material costs cut into the bottom line.

Inflation to fall sharply in next few months: PM

Last Updated: Wednesday, November 30, 2011, 08:49

India's inflation rate will fall sharply over the next few months and the country's economy should hold up despite the global economic slowdown, Prime Minister Manmohan Singh said on Tuesday.

Domestic demand will absorb shock from global slowdown: RBI

Last Updated: Wednesday, October 12, 2011, 10:59

India's domestic demand will absorb the shock from the global economic slowdown, Subir Gokarn, a deputy governor of the Reserve Bank of India said on Wednesday.

Let slowdown not trigger protectionism: PM

Last Updated: Saturday, September 24, 2011, 19:07

India on Saturday called upon the international community not to let global economic slowdown trigger protectionism or barriers to movement of people, services and capital.

Japan exports disappoint, could weaken further

Last Updated: Wednesday, September 21, 2011, 10:04

Japan's exports rose in the year to August at less than half the pace expected as a global economic slowdown, a strong currency and Europe's sovereign debt crisis put Japan's own recovery increasingly in doubt.

Global economic growth to slow down to 3.1% in 2011: UNCTAD

Last Updated: Tuesday, September 06, 2011, 20:04

Projecting a slowdown in global economic growth in 2011 to to around 3 percent, compared to almost 4 percent last year, a UN agency Tuesday said developing economies could be affected by recession in developed nations.

Indian equities to see high volatility: Analysts

Last Updated: Friday, August 19, 2011, 19:49

As mayhem in global stock markets continues amid fears of global economic slowdown, there are no major positive triggers in sight for Indian equities in the short-term and they will witness high volatility in the days ahead, analysts said on Friday.