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Global Economy

Which sectors will be directly affected in 2024?

Which sectors will be directly affected in 2024?

Tue, Dec 31, 2024

Which big events changed the movement of the market in 2024, which sectors had a direct impact, know the full news

India, Kuwait sign MoU to establish Joint Commission for Cooperation

India, Kuwait sign MoU to establish Joint Commission for Cooperation

Thu, Dec 05, 2024

Abdullah Ali Al Yahya was on an official visit to India at the invitation of the EAM. This is the first official visit of Abdullah Ali Al Yahya as the foreign minister of Kuwait to India.

South Korea's central bank cuts key interest rate to nurse a slower economy

South Korea's central bank cuts key interest rate to nurse a slower economy

Thu, Nov 28, 2024

The bank said the country’s trade-dependent economy faces growing uncertainty in global economic trends and inflation that could be impacted by the policies of President-elect Donald Trump and ongoing geopolitical conflicts.

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Fitch cuts India's FY23 GDP growth forecast to 7% from 7.8%--Key Things To Know

Fitch cuts India's FY23 GDP growth forecast to 7% from 7.8%--Key Things To Know

Thu, Sep 15, 2022

Fitch Ratings on Thursday slashed India's GDP growth projection for FY23 to 7 percent, saying the economy is expected to slow against the backdrop of global economy, elevated inflation and high interest rate.

Cipla business plan: Drug major betting big on digitisation and emerging segments

Cipla business plan: Drug major betting big on digitisation and emerging segments

Sun, Aug 07, 2022

Cipla, the country's third largest drug maker, has 47 manufacturing sites around the world which cater to around 86 markets across the globe.

Russia-Ukraine War Impact: Inflation in Europe hit a record high!

Russia-Ukraine War Impact: Inflation in Europe hit a record high!

Wed, Mar 02, 2022

Inflation in Europe hit a record high for the fourth month in a row, raising questions about when the central bank should step in to ease the pain to people's wallets.

'Global economy could shrink by 1% due to COVID-19 pandemic'

'Global economy could shrink by 1% due to COVID-19 pandemic'

Thu, Apr 02, 2020

The severity of the impact will largely depend on the duration of restrictions on the movement of people and economic activities and on the scale and efficacy of responses by national treasuries.

'Global economy to contract 1.5% in 2020 amid COVID-19 pandemic'

'Global economy to contract 1.5% in 2020 amid COVID-19 pandemic'

Tue, Mar 24, 2020

"Our global growth forecast now stands at -1.5 per cent, with a contraction of 3.3 per cent across mature markets and growth of only 1.1 per cent," in emerging markets, the report said, adding that there was "huge uncertainty" about the economic impact of COVID-19.

Oil falls over 2% on weaker demand growth, gain in US crude stocks

Oil falls over 2% on weaker demand growth, gain in US crude stocks

Wed, Jun 12, 2019

Trade tensions between the United States and China, the world`s two biggest oil consumers, also weighed on prices. U.S. President Donald Trump said he was holding up a trade deal with China.

Sino-US trade talks: Donald Trump's tariff hike decision set to affect second-day talks

Sino-US trade talks: Donald Trump's tariff hike decision set to affect second-day talks

Fri, May 10, 2019

First day of US-China trade talks concluded on Thursday to rescue a trade deal that is close to collapsing as Trump prepares to go ahead with tariff hike plan.

IMF lowers global growth rate projections for 2019 to 3.5%; This is why

IMF lowers global growth rate projections for 2019 to 3.5%; This is why

Mon, Jan 21, 2019

According to the report, the main shared policy priority is for countries to resolve cooperatively and quickly their trade disagreements and the resulting policy uncertainty, rather than raising harmful barriers further and destabilising an already slowing global economy.

Oil prices edge up to $50 after steep slide

Oil prices edge up to $50 after steep slide

Wed, Dec 26, 2018

Oil prices have edged up to $50 a barrel on Wednesday after reaching its lowest since June 2017 on perceptions that a price slide prompted by worries over the global economy had been overdone amid an Opec-led effort to tighten supply. Watch video:

India destined to be major powerhouse of global economy, says Manmohan Singh

India destined to be major powerhouse of global economy, says Manmohan Singh

Tue, Dec 18, 2018

About criticism of being the silent prime minister, Singh said, "I think these volumes speak for themselves and I don't want to boast about achievements as prime minister but the events that took place are well described in these volumes, particularly in the volume that deal with 'Prime Minister Speaks'."

IMF warns storms clouds gathering for global economy

IMF warns storms clouds gathering for global economy

Tue, Dec 11, 2018

"But like many of you, I see storm clouds building, and fear the work on crisis prevention is incomplete," he said at banking conference hosted by Bloomberg.

India will be back on 7.5% plus economic growth track this fiscal: Arvind Virmani

India will be back on 7.5% plus economic growth track this fiscal: Arvind Virmani

Mon, Aug 20, 2018

"... Domestically, the main risk to macro stability is politically driven government consumption spending at the cost of investment and fiscal prudence. If this temptation is resisted, the country will be back on a firm 7.5 per cent plus growth track this year (fiscal)," Virmani told PTI in an interview.

Global economy has peaked; trade war torpedoes optimism

Global economy has peaked; trade war torpedoes optimism

Thu, Jul 26, 2018

World stocks have been whipsawed by several sell-offs in recent weeks. The dollar has risen 5 percent since April on those concerns and on still-solid expectations for several more Federal Reserve interest rate hikes this year and next.

Global Economy: Soft patch, facade, or great decoupling?

Global Economy: Soft patch, facade, or great decoupling?

Fri, Jun 22, 2018

Euro zone growth, while decent, has slowed remarkably, posing a challenge to the European Central Bank`s plans to soon stop buying bonds. Central banking sources revealed this week to Reuters a worry at the bank about "a facade of optimism in the forecasts."

Global Economy: Soft patch or lasting slowdown? European data may tell

Global Economy: Soft patch or lasting slowdown? European data may tell

Sat, Jun 16, 2018

Bank of England policymakers are likely to debate this question in the week ahead, while data from the euro zone will indicate whether European Central Bank President Mario Draghi is right to refer to current conditions simply as a "soft patch".

2018 global growth to roll to highs not seen in eight years: Reuters poll

2018 global growth to roll to highs not seen in eight years: Reuters poll

Wed, Jan 24, 2018

The global economy is expected to grow at a robust pace this year and reach an altitude not seen since 2010, as momentum builds in developed economies and inflation revives, Reuters polls of over 500 economists showed.

Bitcoin not big enough to threaten world economy, says BoE deputy

Bitcoin not big enough to threaten world economy, says BoE deputy

Wed, Nov 29, 2017

The cryptocurrency has climbed 10-fold so far this year, the largest gain of all asset classes and prompting sceptics to warn it is a classic speculative bubble.

Climate change cost the global economy $129.4 billion in 2016

Climate change cost the global economy $129.4 billion in 2016

Sun, Nov 05, 2017

'Ten years, ago there were 606 extreme weather losses with a bill of $69 billion. Last year, there were 797 weather-related disasters worldwide, resulting in $129 billion of economic losses.'

Moody's says G20 GDP growth to exceed 3%, warns of geopolitical risks

Moody's says G20 GDP growth to exceed 3%, warns of geopolitical risks

Wed, Aug 30, 2017

Moody`s Investors Service kept its forecast for G20 economic growth at just over 3 percent for this year and next, but warned of geopolitical risks, U.S. protectionism and spillovers from global monetary tightening and China`s deleveraging measures.

Nuclear nerves wipe $1 trillion off world stocks

Nuclear nerves wipe $1 trillion off world stocks

Fri, Aug 11, 2017

The damage inflicted on world stocks this week by the escalating war of words over North Korea topped $1 trillion on Friday, as investors again took cover in the yen, the Swiss franc, gold and government bonds.

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