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World Bank says trade protectionism starts to level off

Last Updated: Friday, June 27, 2014, 06:17

Barriers to imports in major economies are starting to recede after a rash of protectionism during the global financial crisis, World Bank figures showed on Thursday.

G20 agree to plug tax loopholes, share tax info automatically

Last Updated: Sunday, February 23, 2014, 14:34

World's 20 leading economies Sunday agreed to start automatic sharing of tax information by end 2015, while emphasising that multinational corporations be taxed in countries where they earn their profits.

G20 aims to lift growth, open up on monetary policy

Last Updated: Sunday, February 23, 2014, 14:32

The world`s top economies vowed Sunday to rev up world growth by boosting investment and increasing employment, while agreeing to more transparency on monetary policies after rifts over the US taper.

Satisfied with G20 outcome, concerns on board: Chidambaram

Last Updated: Sunday, February 23, 2014, 14:05

Satisfied with the outcome of G20 meeting, Finance Minister P Chidambaram Sunday said India's concerns with regard to withdrawal of US stimulus and the need to expedite IMF quota reforms have been taken on board by the group of rich and developing nations.

G20 Sydney meeting: Comments from policymakers

Last Updated: Sunday, February 23, 2014, 13:59

The world`s top economies have embraced a goal of expanding activity by more than USD 2 trillion over five years while creating tens of millions of new jobs, signalling optimism that the worst of crisis-era austerity was behind them.

India satisfied with the outcome of G20: Chidambaram.

Last Updated: Sunday, February 23, 2014, 13:07

Chidambaram, who represented India along with RBI Governor, Raghuram Rajan, said the country's concern with regards to tapering, IMF quota reforms were addressed at the G20 communique and that it was satisfactory.

G20 Sydney 2014: Key points

Last Updated: Sunday, February 23, 2014, 11:10

The world`s top economies have adopted a soft target of adding at least 2 percentage points to growth over five years, a source said, signalling optimism that the worst of crisis-era austerity was behind them.

Emerging markets must do homework: Germany

Last Updated: Friday, February 21, 2014, 13:58

Emerging markets should get their own houses in order before demanding solidarity from other nations, German Finance Minister Wolfgang Schaeuble said.

G20 should do more to stabilise emerging markets: Russia

Last Updated: Friday, February 21, 2014, 10:03

The Group of 20 meeting of finance ministers and central bank chiefs needs to discuss the impact on emerging markets of the US Federal Reserve`s winding back of stimulus, a top Russian central banker said on Friday.

G20 businesses explore $57 trn infra funding opportunity

Last Updated: Thursday, February 20, 2014, 16:42

A group of businessmen from G20 nations have decided to explore funding opportunities in infrastructure in different countries, including India, that require a whopping USD 57 trillion through 2030.

India to push for IMF quota reforms at G20

Last Updated: Thursday, February 20, 2014, 15:37

India will push for International Monetary Fund (IMF) quota reforms during the G20 Finance Ministers meeting beginning here on Saturday, seeking to provide more voice to developing countries.

G20 final document to address US policy impact on emerging markets

Last Updated: Thursday, February 20, 2014, 13:22

The world`s financial leaders will address the impact of U.S. monetary policy on emerging markets in a final document from their meeting this week in Sydney, but the wording has yet to be agreed, a Russian G20 official said.