India may have done well by keeping commercial bank lending to the government within manageable limits, but RBI has been lending more to the government, which means it has been printing more notes
Among the outcomes anticipated by economists are slowing manufacturing and services activity throughout the euro zone and the U.K., and only modest improvement in the U.S.
As he prepares to push that message at a pair of global summits, his case could hinge on what's happening in Washington.
Investor sentiment has become more cautious, according to weekly polls by the American Association of Individual Investors
UN agency predicts uneven economic recovery in second half of 2021, but newly created jobs will be of low quality.
IMF Managing Director Christine Georgieva has said that after the worst global recession since the Second World War, the recovery is underway
Consuming nations will bear the cost of pricier energy, potentially fanning inflation and hurting their recoveries
The latest move will not have any impact on its product plan, Mahindra and Mahindra said
World Bank President David Malpass said that given the extent of the economic contraction, there was a rising risk of disruptive debt crises in countries
IMF Managing Director Kristalina Georgieva said only three eligible countries had even reached out to private creditors out of fear of marring their ability to borrow in the future
Brent crude slipped on the Trump news and was down $2.05, or 5.01%, at $38.88 a barrel by 1324 GMT. US oil was down $2.01, or 5.19%, at $36.71
He, however, said that the country will see a revival in growth in the July-September quarter of the current fiscal
A historic process of deglobalisation is underway which can scuttle the growth of poor nations. Disturbingly, this shift has been met by silence or even encouragement by those who should know better
Lebanon's inflation rate soared to 112.4% year-on-year in July amid an economic meltdown, latest official data showed
Global dividend payments plunged $108 billion to $382 billion in the second quarter of the year
The IMF has revised downward its forecast for global economic growth from -3% to -4.9% this year
Collectively, JPMorgan Chase, Citigroup and Wells Fargo have put aside $25 billion during the second quarter, they said. As a result, their quarterly profits plunged.
The IMF on Tuesday forecast a deeper global recession than initially anticipated, as business closures, travel restrictions and social distancing measures persist in most countries
With or without a second outbreak, the consequences will be severe and long-lasting, the report says
The world gross domestic product is expected to contract by 3%, international trade may decline by up to 32%, and 49 million people could slip into extreme poverty