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World Economy

German industry grows in January but car output remains weak

German industry grows in January but car output remains weak

Fri, Mar 08, 2024

Industrial output in Germany, Europe's biggest economy, rose more than expected in January, raising hopes that the economy is finally bottoming out after a lengthy manufacturing recession.

German exports rise more than expected in January

German exports rise more than expected in January

Wed, Mar 06, 2024

German exports rose more than expected at the start of the year thanks to rising demand from EU countries and China, data from the federal statistics office showed.

Three years of Irish services growth slows to a trickle-PMI

Three years of Irish services growth slows to a trickle-PMI

Tue, Feb 06, 2024

The pace of expansion last month was the slowest since the post-pandemic bounceback began, driven by firms completing outstanding business and therefore seeing their volume of work-in-hand fall for the first time in three years.

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Russia Ukraine War Effect: IMF dims outlook for 2023 global economy

Russia Ukraine War Effect: IMF dims outlook for 2023 global economy

Tue, Oct 11, 2022

IMF Managing Director Kristalina Georgieva, noting the grim backdrop to this week's fall meetings of the IMF and the World Bank in Washington, warned that the "risks of recession are rising" around the world and that the global economy is facing a "period of historic fragility."

World could lose $4 trillion in economic output between now and 2026 - worth the size of German economy: IMF

World could lose $4 trillion in economic output between now and 2026 - worth the size of German economy: IMF

Sat, Oct 08, 2022

World Economy outlook: The global economic outlook is darkening and the risks of recession are quickly rising, as per the International Monetary Fund, which said it will once again lower its growth projections.

India 360: 'Global Recession Is Coming, But There Is No Possibility Of Recession In India': Experts

India 360: 'Global Recession Is Coming, But There Is No Possibility Of Recession In India': Experts

Thu, Oct 06, 2022

According to the KMPG 2022 CEO Outlook, 86% of CEOs around the world say that a recession can knock in the next 12 months. 75% said that if a recession occurs, the difficulties of the global economy recovering from the aftershocks of the pandemic will increase. 46% of CEOs said they are planning layoffs during the next six months. 58% of CEO's think the slowdown will be slow and short. 39% of CEOs have already frozen hiring. Experts say that a global recession is coming, but there is no possibility of a recession in India. Watch this exclusive report on India 360.

Global economy to grow at 2.7% in 2022, 2.3% in 2023: Moody's Analytics

Global economy to grow at 2.7% in 2022, 2.3% in 2023: Moody's Analytics

Mon, Sep 26, 2022

Moody`s Analytics on Monday predicted the global economy to grow at 2.7 per cent in 2022 and slow to 2.3 per cent in 2023

FOMC Meeting September 2022 Live Updates: Fed raises rates by 75 bps to 3% to 3.25% range; Watch Chair Jerome Powell's press conference

Mon, Sep 19, 2022

FOMC Meeting September 2022 Live Updates: The Federal Reserve raised its target interest rate by three-quarters of a percentage point to a range of 3.00%-3.25% on Wednesday and signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the

FPIs increased their investments rapidly in these 5 companies--Check Details Here

FPIs increased their investments rapidly in these 5 companies--Check Details Here

Thu, Aug 25, 2022

Experts believe that foreign investors have returned to Indian market because India is preferred destination as country has best growth prospects among large economies of the world.

IMF warns high inflation, Ukraine war pushing world economy to brink of recession; cuts global growth outlook

IMF warns high inflation, Ukraine war pushing world economy to brink of recession; cuts global growth outlook

Wed, Jul 27, 2022

World growth had rebounded in 2021 to 6.1% after the COVID-19 pandemic crushed global output in 2020 with a 3.1% contraction.

Canada hopeful NAFTA talks can continue, sees some progress

Canada hopeful NAFTA talks can continue, sees some progress

Sat, Jan 27, 2018

Officials trying to hammer out differences over how to update the North American Free Trade Agreement have made some progress and hope politicians decide the process should continue, Steve Verheul, Canada`s chief negotiator, told Reuters on Saturday.

World economy gathering speed, but growth momentum unlikely to last long: IMF

World economy gathering speed, but growth momentum unlikely to last long: IMF

Mon, Jan 22, 2018

The world economy is gathering speed with growth forecast for 2018 and 2019 pegged at 3.9 per cent, the IMF said today but warned that the present economic momentum reflects a "confluence of factors" that is unlikely to last for long.

Reforms pave the way for India's stronger medium-term growth: Report

Reforms pave the way for India's stronger medium-term growth: Report

Mon, Jan 08, 2018

Key highlights:

Raghuram Rajan warns of 'policy uncertainty' for world economy

Raghuram Rajan warns of 'policy uncertainty' for world economy

Fri, Apr 21, 2017

"There have been noises but of course the strong action that some people feared against Mexico, against China hasn't really materialised. That's the good news," he said while referring to Donald Trump administration in the US.

India ranks third in global steel production in 2016; World steel output grows 0.8%

India ranks third in global steel production in 2016; World steel output grows 0.8%

Wed, Jan 25, 2017

Global steel production grew 0.8%, at 1.62 billion tonne, in 2016, World Steel Association said. India's share increased from 5.5% in 2015 to 5.9% in 2016.

Deutsche Boerse-LSE merger make markets healthier - Blackrock

Deutsche Boerse-LSE merger make markets healthier - Blackrock

Tue, Jan 17, 2017

Deutsche Boerse and LSEG have been working to overcome regulatory hurdles holding up the merger and looking to appease antitrust regulators.

India appears to be much better placed today despite fragile world economy: Arun Jaitley

India appears to be much better placed today despite fragile world economy: Arun Jaitley

Thu, Jan 05, 2017

Finance Minister Arun Jaitley on Thursday said that even though the global economy is weak, India appears to be much better placed at present on the back of improvement in its macro-economic fundamentals.

China retail sales up 10.0% on-year in October

China retail sales up 10.0% on-year in October

Mon, Nov 14, 2016

"The national economy, under the continuing effect of a series of policies, has maintained the momentum of moderate but stable development with quality improved," the NBS said in a statement.

'China's contribution to world economy to remain around 30%'

'China's contribution to world economy to remain around 30%'

Sun, Oct 30, 2016

Though China's economy is currently witnessing a slowdown, the contribution of the world's second largest economy to global growth will remain around 30% for the next five years, a top Chinese economist says.

IMF says global debt tops $152 trillion, urges some to spend more

IMF says global debt tops $152 trillion, urges some to spend more

Thu, Oct 06, 2016

While the United States has de-leveraged since the 2008-2009 financial crisis, the report cited the buildup of private debt in China and Brazil as a significant concern, fueled in part by a long era of low interest rates.

G20 Summit: World economy at risk due to rising protectionism, says China's Xi Jinping

G20 Summit: World economy at risk due to rising protectionism, says China's Xi Jinping

Sun, Sep 04, 2016

With the summit taking place after Britain's vote in June to exit the European Union and before the US presidential election in November, observers expect G20 leaders to mount a defence of free trade and globalisation and warn against isolationism.

Singapore cuts 2016 forecast as world economy slows

Singapore cuts 2016 forecast as world economy slows

Thu, Aug 11, 2016

"In line with weaker global growth outlook, and barring the full materialisation of downside risks, the 2016 growth forecast for the Singapore economy is narrowed to 1.0 to 2.0 per cent, from 1.0 to 3.0 per cent," the ministry said.

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