Global Economies

Redirect fiscal policy towards resilient sustainable, inclusive growth: IMF urges govts

In a blog post, top IMF officials -- Vitor Gaspar, Director of Fiscal Affairs Department and Indian-American Gita Gopinath, Economic Counsellor and Director of the Research Department -- wrote that the coronavirus pandemic has already prompted an unprecedented fiscal policy response of close to USD 11 trillion worldwide.

Jul 10, 2020, 23:02 PM IST

Airline industry set for record profit in 2018: IATA

Industry profits are expected to rise to $38.4 billion in 2018, from $34.5 billion in 2017, IATA said.

Dec 05, 2017, 15:59 PM IST

Inequality increased in China, India and US: IMF

In fact, inequality has declined in almost half the countries for which data are available, the report noted.

Oct 12, 2017, 06:59 AM IST

India to evolve into more stable investment destination: KPMG

 At a time when global economies are facing turmoil, India is poised to evolve into an even more attractive and stable destination for investors on account of favourable macroeconomic conditions, says a report.

Feb 14, 2016, 15:17 PM IST

India witnesses better growth prospects amid slowdown in global economy

The latest projections come at a time when the global economy as a whole is grappling with uncertainties, especially in the wake of Chinese slowdown.

Oct 08, 2015, 22:50 PM IST

IMF's Lagarde sees weaker-than-expected global economic growth

"Overall, we expect global growth to remain moderate and likely weaker than we anticipated last July," Lagarde said.

Sep 01, 2015, 13:56 PM IST

European stocks extend gains, dollar lifted by Fed feelings

Europe`s main bourses picked after a slow start with the region`s benchmark FTSEurofirst 300 last up 0.5 percent, as hopes returned that Greece was close to sealing a deal with its creditors. Athens` stock market surged more than 6 percent.

Jun 11, 2015, 15:08 PM IST

G20 leaders target trillions in new economic growth

G20 leaders representing the bulk of the world`s economy on Sunday committed to reform measures to lift their collective growth by an extra 2.1 percent by 2018, despite evidence of a slowdown in some major nations.

Nov 16, 2014, 16:56 PM IST

Top economies contract in first quarter of 2014: OECD

The Organisation for Economic Cooperation and Development had recorded growth of 0.5 percent in the previous quarter.

Jul 03, 2014, 17:33 PM IST