Topic: India
India insisted on Saturday its economy would still grow strongly despite the "grave" situation created by Standard and Poor's decision to strip the United States of its top-rank AAA credit rating.S&P sent shock waves across the world when it cut the US ...
Record corporate profits suggest that the economy should be booming. But small firms — the main engine for job growth — still have it tough, particularly at the bank.Record corporate profits suggest that the economy should be booming. But small firms — ...
Most Asian stocks followed global markets downwards on Tuesday as the eurozone debt crisis rumbled on while lawmakers in Washington remained deadlocked on an agreement to avoid a US default.Gold remained at record highs amid general risk-aversion at a time of economic ...
The global economy has hit a "soft patch" due to the disruption caused by Japan's March earthquake but emerging market growth should prevent a double-dip recession, Standard and Poor's said on Tuesday.In a report on the risks of the economy falling back ...
FRANKFURT (Reuters) - Bankers are struggling to regain the trust of consumers around the world after the worst financial crisis in generations rocked the global economy, a survey showed on Friday.Dubbed "fat-cat bankers" by U.S. President Barack Obama, their reputation took a ...
Power in the global economy is shifting from the advanced world to Asia as recovery takes hold, Davos analysts said Wednesday, as political and business elites began their annual meeting."What is really happening is a slowdown of the western world and the ...
Incentives to kickstart spending by Asian governments after the global downturn will help the region post retail sales almost double those of North America within four years, a report said on Monday.The region will also post sales three times more than Western ...
The chief of the International Monetary Fund (IMF) said on Thursday the debt crisis in Europe remained serious but he tipped Ireland to recover rapidly after its weekend bailout.On Sunday, the European Union and the IMF announced an 85-billion-euro (111-billion-dollar) rescue package ...
In the current scenario, gold is appreciating again - this latest rally is attributed to its inverse relationship with the dollar (which is depreciating on US budget deficit concerns), improved risk appetite and inflationary worries. While recent gold import numbers from India ...
Last Friday night I gave a speech at the Morristown Club. Europe and the U.S. have to re-examine their budgets, with all expenditure categories on the table. The Developed West will not continue to dominate world growth. Emerged nations have benefitted from ...