Global Growth

"Need Coordinated Policy Action": IMF After Cutting Growth Forecasts

World News | Press Trust of India | Thursday October 17, 2019

The International Monetary Fund today appealed to the world's largest economies, including India, to be prepared to engage in a coordinated policy action a day after it downgraded the 2019 global growth rate to 3 per cent - the slowest pace since the 2008 global financial crisis.

IMF Cuts 2019 Global Growth Estimate To 3%, Lowest Since Financial Crisis

World News | Agence France-Presse | Tuesday October 15, 2019

The world economy is slowing to its weakest pace since the global financial crisis, amid continuing trade conflicts that have undercut business confidence and investment, the IMF said Tuesday.

Is World Economy Facing First Recession Since 2009? Experts Read Signs

Business | Michelle Jamrisko, Enda Curran and Zoe Schneeweiss, Bloomberg | Monday October 14, 2019

Investors cheered Friday as the US struck a partial trade agreement with China and there were even signs the UK may strike a divorce deal with the European Union.

Global Growth Is "Under Threat", Says Former IMF Chief Christine Lagarde

World News | Agence France-Presse | Friday September 20, 2019

The former head of the International Monetary Fund, Christine Lagarde, warned Thursday that global growth is "fragile" and "under threat" and policymakers should work to reduce manmade vulnerabilities.

US Central Bank Cuts Interest Rates, Signals Holding Pattern For Now

Business | Thomson Reuters | Thursday September 19, 2019

Federal Reserve Chairman Jerome Powell said the rate cut was designed "to provide insurance against ongoing risks" including weak global growth and resurgent trade tensions. The Fed also cut rates in July, the first such move since 2008, as it responded to risks from Mr Trump's trade war with China and other overseas developments.

India's Growth Much Higher Than Global Growth: Nirmala Sitharaman

Business | Edited By Abhishek Vasudev | Friday August 23, 2019

"Global GDP growth is projected at 3.2 per cent and is probably going to be revised downwards," Ms Sitharaman said.

"Trade Tensions Sapping Strength Of World Economy": IMF Cuts Global Growth

World News | Agence France-Presse | Tuesday July 23, 2019

Global trade tensions and continued uncertainty are sapping the strength of the world economy, which faces a "precarious" 2020, the International Monetary Fund warned on Tuesday.

Trade Wars Causing Collateral Damage To Global Economic Outlook: Report

ANI | Sunday June 23, 2019

Threats to global growth outlook from protectionism have become much more significant in recent months which raise the possibility of disruptions to trade and investments, according to Fitch Ratings Inc.

Paris-Based Think Tank OECD Cuts Global Growth Forecast Amid US-China Trade Concerns

Business | Agence France-Presse | Tuesday May 21, 2019

While the OECD pared back its global growth forecast for the current year, it predicted a pick-up in activity to 3.4 per cent next year. It notched up its forecast for US growth this year by 0.2 percentage point to 2.8 per cent, but predicted a slowdown to 2.3 per cent next year. Chinese growth was projected to slow to 6.2 per cent this year and 6....

RBI To Remain Vigilant On Growth, Financial Stability: Shaktikanta Das

Business | Thomson Reuters | Saturday April 13, 2019

Mr Das underscored the risks facing emerging market economies such as a India as global growth and trade weaken.

IMF Cuts Global Growth Outlook Amid Trade Tensions, Brexit Worries

Business | Thomson Reuters | Tuesday April 9, 2019

The global economy will likely grow 3.3 per cent this year, its slowest expansion since 2016, the IMF said in a forecast that cut 0.2 percentage point from its January outlook.

"Precarious" Global Rebound Expected In Late 2019: IMF Chief Christine Lagarde

Business | Agence France-Presse | Tuesday April 2, 2019

In January, IMF had already lowered its expectations several notches from a prior outlook, calling for global GDP to expand by 3.5% this year and next

Economists Raise Concerns Over Growth Slowdown With RBI Chief Shaktikanta Das: Report

Business | Thomson Reuters | Tuesday March 19, 2019

Neither RBI Governor Shaktikanta Das nor any RBI official from the monetary policy department gave any indication of their thoughts or views, as is typical in such big-group meetings. Slowing growth has hit the government's tax collections, constraining its ability to substantially boost spending ahead of elections.

Macro Data, Global Growth Concerns To Impact Equity Indices: Experts

Business | Indo-Asian News Service | Sunday March 10, 2019

The provisional figures from the stock exchanges showed that during last week, FIIs bought scrip worth Rs 4,313.99 crore.

Video: South Korean Children Sing 'Vaishnav Jan' To Honour PM Modi

India News | Edited by S Shobana | Saturday February 23, 2019

Prime Minister Narendra Modi on Friday received the Seoul Peace Prize from the South Korean government in recognition of his service to international cooperation, global growth and human development. In what was the highlight of the occasion, a group of children in colorful Indian attire, sang Mahatma Gandhi's favourite bhajan 'Vaishnav Jan Toh' to...