OECD calls US dip a blip, but chops world growth forecast

It predicted the world economy would grow at a rate of 3.1 percent this year, down from the 4.0 percent increase it projected in March.

Asia to be engine of economic growth: Kamal Nath

Asia will be the engine of world economic growth, with countries in the region being important participants in their "own way", Urban Development Minister Kamal Nath has said.

India, China still contribute half of world economic growth

China and India are especially important given both their size and growth rates.