Children in Peru on the front line of a severe cyclical warming of the Pacific Ocean in 1997-98 suffered stunted growth, showing how extreme weather can cause lasting damage to health, a study said on Tuesday.
Australia made a last ditch call Sunday for the G20`s powerful leaders to use all policy levers to rehabilitate global economies and generate prosperity, which could see their target of two percent growth bettered.
Soon after he became governor of Indonesia`s traffic-clogged capital in 2012, Joko Widodo came up with a creative approach to an impasse blocking completion of a ring-road around Jakarta for almost a decade.
The British government has appreciated India`s fast movement towards reduction of poverty with "inclusiveness" and said Prime Minister Narendra Modi`s stress on investment in growth and infrastructure was "encouraging".
Asia presents huge developmental potential for Islamic finance and is likely to be the main driver of Islamic banking growth in the near future given the untapped potential in India, Bangladesh and Indonesia, according to a report.
Attributing the present economic woes to a "decade of jobless growth", Finance Minister Arun Jaitley today underlined the need to contain price rise and hasten economic reforms to boost low-cost manufacturing.
Hit by a currency crisis and poor growth, India on Saturday ruled out approaching the International Monetary Fund (IMF) for assistance, saying the economic situation has not reached a point where outside help is warranted.
China`s GDP growth slowed to 7.5 per cent in the second quarter amid concerns that the world`s second largest economy was headed for its weakest growth in 15 years with grim prospects of missing the official target.