Global Economy

Global economy: Companies feel impact of coronavirus outbreak in China

Coronavirus outbreak disrupted supply chains or hurt bottom lines as factories and shops shut and airlines suspend flights.

Jan 31, 2020, 18:13 PM IST

Coronavirus outbreak in China showing impact on global economy, world share falls to its lowest

World shares fell to their lowest in two weeks on Monday on virus concerns, with demand spiking for safe-haven assets such as Japanese yen and Treasury notes.

Jan 27, 2020, 16:12 PM IST

Steven Mnuchin says US-China trade deal will boost global economy

Mnuchin said full details of the new deal, or a factsheet on "phase one", would come out later on Saturday or on Sunday after both sides do fact and language checks. "We expect it will be fully executed in January. And then we get to `phase two`," Mnuchin told the Doha Forum conference in Qatar.

Dec 14, 2019, 20:28 PM IST

An extra 15 minute daily walk could boost global economy, says study

Adding an extra 15 minutes of daily walking, or jogging a steady one kilometre each day, would improve productivity and extend life expectancy - leading to more economic growth, the study by the health insurance group Vitality and the think tank RAND Europe found.

Nov 06, 2019, 17:44 PM IST

No country can escape recession if protectionism continues: Piyush Goyal

Goyal stated that the policies of protectionism being followed by some countries in the developed world are affecting engagement between countries for trade in goods, services and protection of investments.

Aug 23, 2019, 09:52 AM IST

IMF forecasts India's GDP to grow at 7.5% in 2019/20 fiscal year

The IMF, in the report published on Tuesday, said the near-term macroeconomic outlook for India is "broadly favourable."

Aug 09, 2018, 10:31 AM IST

Strong Indian economy continues to lead global growth: IMF

The IMF Executive Board has forecast India's growth to rise to 7.3 percent in FY2018/19 and 7.5 percent in FY2019/20.

Aug 08, 2018, 09:44 AM IST

Temporary disruptions from GST over, India's economic growth robust: World Bank

The global economic picture painted by the bank is not as rosy as it is for India.

Jun 06, 2018, 11:18 AM IST

Japanese island's mud could alter global economy: Study

An estimated 16 million tonnes of mud containing massive, "semi-infinite" stores of valuable rare earth minerals, found in a small Japanese island in the Pacific Ocean could alter global economy, a new study has revealed.

Apr 17, 2018, 11:56 AM IST

Extreme weather conditions single most prominent risk to global economy: World Economic Forum

World Economic Forum's 48th annual meeting will take place on January 23-26, 2018, in Switzerland.

Jan 17, 2018, 19:18 PM IST

India to become world’s 5th largest economy in 2018, passing UK and France: Report

India looks set to leapfrog Britain and France next year to become the world's fifth-largest economy in dollar terms, a report showed on Tuesday.

Dec 26, 2017, 19:21 PM IST

'Digital companies taking control over global economy a concern'

"Digital companies are taking over control over global economy, which is a concern," said Supachai Panitchpakdi, a former Secretary General at UNCTAD.

Nov 26, 2017, 23:57 PM IST

Global Economy - Communication breakdown?

Since the Fed began raising rates in 2015, the difference between long- and short-term US yields has shrunk to levels not seen since before the 2008 financial crisis, reaching 67 basis points -- its flattest in a decade -- in the past week.

Nov 10, 2017, 17:25 PM IST

Economic recovery likely to have taken hold in Sept quarter: Report

India's export soared by 25.67 percent to USD 28.61 billion in September, logging its highest growth in last six months, while import too rose by 18.09 percent to USD 37.6 billion in September from USD 31.83 billion in the year-ago month.

Oct 16, 2017, 14:07 PM IST

India calls for new global partnership to boost economic growth

The global economic recovery is only progressing slowly and growth is weaker than expected while risks persist, Ashish Sinha, a First Secretary in India`s UN Mission, told the General Assembly committee dealing with economic and financial matters on Thursday.

Oct 06, 2017, 09:45 AM IST

India's economic success vital for global economy: UK envoy

India`s economic success and development are vital to the global economy and to Britain`s interests across South Asia, the British envoy to India said here on Thursday.

Aug 24, 2017, 20:21 PM IST

Liberalisation will prevail: Jaitley on protectionism

Finance Minister Arun Jaitley today played down fears over protectionism saying the need for greater liberalisation will prevail once the debate on the issue settles down.

May 08, 2017, 15:52 PM IST

Protectionism can blunt US firms' efficiency, says Jaitley

While the global economy impacted India, the country's large market and domestic demand kept its economy going, helping it clock 7.5 percent plus growth even during global slowdown.

May 06, 2017, 20:13 PM IST

Consensus in G20 that protectionism 'damaging' for global economy

The Group of 20 major economies have reached a "broad consensus" that a continued rise in protectionism would be damaging to the global economy.

Apr 22, 2017, 16:54 PM IST

Eurozone economy hits 6-year high in April

The eurozone economy grew at its fastest pace in six years in April on the back of strong demand and "widespread optimism" about the outlook.

Apr 21, 2017, 14:40 PM IST