Page 33 - Global Economy

Sensex ends 535 points lower, Nifty just above 13,800; Maruti falls 3.5%

A sharp fall in the US markets on Wednesday and weak opening in other Asian markets weighed on sentiment of domestic investors causing the Sensex to drop nearly 900 points in intra-day trade

PM says govt aims to transform India through access, inclusion, empowerment

He said Aatmanirbhar Bharat movement is committed to global good and global supply chain while the country's digital profile has been completely transformed

Complacency in markets because of continued monetary support: IMF

The rollout of Covid-19 vaccines has boosted expectations of a global recovery and helped prompt a surge in asset prices

Thriving in uber-uncertainty

Book review of Beyond Great: Nine Strategies for Thriving in an Era of Social Tension, Economic Nationalism and Technological Revolution

IMF boosts world growth outlook as Covid-19 vaccines outweigh uncertainty

The pandemic is exacerbating inequality, with close to 90 million people likely to fall into extreme poverty in 2020 and 2021, the fund said

All hands needed on deck to help world recover from Covid-19: IMF chief

Speaking at the World Economic Forum's online Davos Agenda Summit, she said the IMF is projecting 5.5 per cent global economic growth for 2021, which is higher than before

Is there a bubble in financial markets?

Markets are past the phase of multiple expansion driven by ultra-easy financial conditions

Gripped by greed, emerging markets turn to the US Fed for next spur

Bloomberg's Fear-Greed indicator for the MSCI developing-nation stock gauge climbed to its highest in almost a decade, a sign that gains may have been excessive

World's economic recovery gets delayed by slow Covid-19 vaccine rollouts

Double-dip recessions are now expected in Japan, the euro area and UK

India leads the mobile-first consumer economy amid Covid-19, shows data

While Covid-19 catalysed several trends, it most importantly fast-tracked the transition to a mobile-first world.

After the high, a big fall: Sensex's 11-week winning streak ends

Most global stocks dropped, with investors pruning their bullish bets as rising Covid-19 cases sparked concerns about corporate earnings and economic revival

Joe Biden playbook grips markets: Green up, defence and prisons down

South Korea's OCI Co, a solar equipment maker, rose as much as 9 per cent on and Japan's West Holdings gained 4.5 per cent

Covid-19 pandemic could be source of global crises for years: WEF

The WEF said most countries struggled with crisis management during the pandemic, despite some remarkable examples of determination and cooperation

The rich are minting money in Covid-19 pandemic like never before

For them, not only has it been relatively easy to carry out their white-collar jobs from home

IMF chief sees 'high degree of uncertainty' in global outlook due to Covid

Kristalina Georgieva said a new allocation of the IMF's own currency, Special Drawing Rights, would help give countries more fiscal space to tackle the health crisis and to a digital and green economy

IMF urges countries to continue strong fiscal and monetary support

In October, the Fund forecast a 4.4% global GDP contraction for 2020, followed by a rebound to growth of 5.2% for 2021.

Global economy can shake off coronavirus pandemic in 2021, leaders say

(Reuters) - Vaccines and fresh economic stimulus promised by U.S. President-elect Joe Biden will give the global economy a chance to put the coronavirus pandemic behind it in 2021, policymakers and industry leaders told the Reuters Next conference.

China-backed AIIB to help vaccine rollout, expects steady lending in 2021

The Beijing-backed Asian Infrastructure Investment Bank (AIIB) will follow other development banks in helping to finance the rollout of vaccines, its president said

Thailand govt unveils $7 billion stimulus to counter coronavirus impact

Under the plan, each beneficiary will receive 3,500 baht per month for two months starting as early as February.

Towards real recovery

Policymakers must focus on medium-term growth risks