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World economy News

11 Jan 2022

World bank warns of sharp decline in global economic growth, high-level debts

The report forecast growth in advanced economies declining to 3.8% in 2022 from 5% in 2021 Output and investment would still return to their pre-pandemic trend by 2023

02 Jul 2021

World sees India as reliable & trustworthy partner: Commerce Min Piyush Goyal

Commerce and Industry Minister Piyush Goyal said that the world has more confidence in India’s capability to provide quality products and services on time. The ministry in a statement said that the goods and services industry is gaining momentum and a large number of employment opportunities will be generated.

08 Jun 2021

Global economy expected to expand 5.6 per cent in 2021, says World Bank

World Bank said that at the same time many emerging markets and developing economies continue to struggle with the COVID-19 pandemic and its aftermath. The report also noted that per capita income losses will not be unwound by 2022 for about two-thirds of emerging market and developing economies. Among major economies, US growth is projected to reach 6.8 per cent this year, reflecting large-scale fiscal support and the easing of pandemic restrictions.

dna zee news live

09 Apr 2020

DNA: How the world is struggling but Chinese economy is booming?

In this segment of DNA we will analyse, how the world is struggling but the Chinese economy is booming.

International Monetary Fund

24 Jul 2017

IMF keeps global growth forecasts; China, eurozone revised higher

In its updated World Economic Outlook, the IMF said global gross domestic product would be 3.5 percent in 2017 and 3.6 percent in 2018.

World Economic Forum

20 Jan 2017

WEF 2017: World economy improving, but be wary of 'black swans'

As the annual talkfest of the rich and powerful from across the world reached its last day here, top economic leaders felt the global economy is improving though mostly on internal factors even as they warned of new 'black swan' events post elections in various countries.

30 Oct 2016

China's contribution to world economy to be 30% in next 5 years

The transition of China's economy would become an important driver of global economic growth, the Global Times quoted Chi Fulin, director of the China Institute for Reform and Development, as saying.

18 Aug 2016

Disasters cost world economy $71 billion in first half of 2016: Swiss Re

From earthquakes in Japan to wildfires in Canada, disasters cost the world economy $71 billion (62 billion euros) in the first half of the year, reinsurer Swiss Re said on Thursday.

global monetary policy

12 Aug 2016

Global Economy Weekahead: Global monetary taps still open wide, Fed minutes in focus

The glue binding a still-aggressive global monetary policy response to a struggling world economy and almost daily record highs for world stock markets along with record low bond yields is set to remain intact in the coming week.

28 Jun 2016

India seen to grow faster than emerging market peers

With RBI Governor Raghuram Rajan announcing his plans to return to academia and the referendum in Britain voting to leave the EU, the world, it seems, has become more uncertain and risk-prone.

G-7 meet in Japan

28 May 2016

Japan shares G-7 push for inclusive growth with Asia, Africa

Japanese Prime Minister Shinzo Abe is sharing a push by the Group of Seven advanced industrial nations to promote inclusive growth across the globe in meetings with leaders of seven developing countries.

27 May 2016

World economy is an 'urgent priority': G7 leaders

Group of Seven leaders on Friday said that pumping up the world economy was an "urgent priority", but left the door open for a go-your-own-way approach in a sign of lingering divisions over how to boost growth.

Finance Ministers

15 Apr 2016

G20 ministers face pressure on economic growth, tax evasion

Finance ministers of the world`s top economies face pressure to do more for global growth and crack down on tax evasion when they gather Friday during the spring meetings of the IMF and World Bank.

27 Feb 2016

India ray of hope in world economy; Govt committed to poor: PM

Prime Minister Narendra Modi on Saturday said if there was a ray of hope in the world economy, it was India, as he asserted that his government was committed to transform the lives of the poor and villages.

Francois Hollande

18 Jan 2016

Francois Hollande declares economic emergency in France

French President Francois Hollande Monday pledged to redefine France's business model and declared what he called "a state of economic and social emergency," unveiling a 2-billion-euro (USD 2.2 billion) plan to revive hiring and catch up with a fast-moving world economy.

Bank for International Settlements

06 Dec 2015

Key bank warns against `uneasy calm` in global markets

The BIS -- known as the central bank of central banks -- made the call in its quarterly report which is closely watched by investors.

01 Oct 2015

India a bright spot in slowing world economy: IMF chief

IMF chief Christine Lagarde has said that global growth will likely be weaker this year with only a modest acceleration expected in 2016 but India remains a bright spot.

India's economic growth

28 Aug 2015

India can replace China as driver of global growth: FM Jaitley

Seeing an opportunity in the recent turmoil in global equity and currency markets, Finance Minister Arun Jaitley Thursday said India, with 8-9 percent growth rate, can replace China as the driver of world economy.

World stock markets

21 Aug 2015

Global stocks rout on investors' fears over world economy

World stock markets were hammered with heavy losses on Friday, as China`s economic woes triggered European and Wall Street equity sell-offs and stirred up fears for global growth.

24 Jul 2015

Global economy: Second half of 2015 begins on shaky note

The global economy started the second half of the year on shaky ground as business activity in the euro zone was weaker than expected and China`s vast factory sector appeared to be contracting at the fastest pace in 15 months in July.

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