G20 must act to pursue reform, spark growth: Obama

US Prez called to strive for financial reform, spur growth and bolster the global economy.

Nation that leads in clean energy would lead global economy: Barack Obama

US Prez Barack Obama ordered his government to prepare fuel efficiency.

Global economy to grow 3.9% in 2010: IMF

The International Monetary Fund
said on Tuesday the global economy was poised to grow more strongly
than previously anticipated this year, by 3.9 percent.

India to grow 7.5% in 2010: World Bank

India`s GDP is projected to grow at 8% in 2011, according to World Bank`s Global Economic Prospects 2010.

Global growth to exceed 3 percent in 2010: Strauss-Kahn

The global economy is recovering more strongly than expected and the projected growth rate for 2010 is likely to beat the forecast 3 percent, the International Monetary Fund (IMF) said on Wednesday.

Asian markets lead global recovery: IMF

Led by emerging market economies, the global economy is recovering significantly faster than expected, but growth is still dependent in most advanced economies on government stimulus measures, the IMF said.

IMF forecast to reflect upbeat expectations: Lipsky

Updated IMF economic forecasts this month are likely to show "somewhat more upbeat expectations" about the world economy, a senior International Monetary Fund official said.

US regional banks grow on the cheap amid crisis

The 20-year record high bankruptcy rate for US banks and businesses is giving regional banks on sound footing the opportunity to expand swiftly and on the cheap.

World Bank warns unemployment threatens US economy

Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a US economy struggling to rebound from recession.

G-20 launches framework to promote balanced global economy

The finance ministers of G-20 nations
have agreed on a timetable for the new framework for balanced
and sustainable growth of the global economy, but made a
little progress on financing efforts to reduce global warming.

India likely to lead global recovery rally: Survey

India is expected to lead the
global recovery rally as companies in the region are likely to
witness significant improvement in their position as early as
March next year, says a survey.

High hurdles for IMF on road to new world order

The International Monetary Fund, rising from villain to saviour through the fires of the global economic crisis, faces steep hurdles in trying to transform into the champion of the new world order.

`Asia becoming the new centre of global economy`

With the Asian economies doing relatively well even in the times of global recession, HSBC chairman Stephen Green termed Asia as the new focal point of global economy.

G-7 financial chiefs to discuss global imbalances and currency

Finance chiefs from the Group of
Seven industrial powers will assemble on Saturday in Turkey for a
regular but unusually short gathering to reaffirm their
commitment to resolving global economic imbalances.

`Stimulus to continue till global economy recovers fully`

Finance Minister Pranab Mukherjee
on Monday said that G-20 countries, a club of developed and
developing nations, have agreed to continue with the stimulus
packages till the global economy fully recovers.

IMF remains cautious about global economic recovery

The International
Monetary Fund Managing Director, Dominique Strauss-Kahn on Friday
said the recovery will be sluggish and that a jobless recovery
remains a risk.

First signs of growth visible in global economy: Geithner

The steps taken by the G-20
have helped the recovery of the global economy and the "first
signs of positive growth" are visible, US Timothy Geithner has said.