Feb 10, 2015 at 08:58 | Source: Reuters
The communique, intended for adoption by G20 ministers later on Tuesday at a meeting in Istanbul, pointed to the risk of prolonged low inflation, sluggish growth and demand weakness in some advanced economies.
Nov 25, 2014 at 16:18 | Source: Reuters
Overall, the global economy is set to grow by 3.3 percent this year, 3.7 percent in 2015 and 3.9 percent in 2016, the OECD said, confirming forecasts published before the G20's summit earlier this month.
Nov 17, 2014 at 13:07 | Source: PTI
In another countries, the G20 noted that growth has picked up some advanced economies, notably the US, the UK and Canada. However, the recovery is modest in Japan and in the Euro area and inflation is well below target.
Sep 22, 2014 at 12:13 | Source: CNBC
While the G-20 communiqu from the summit in Cairns said that "growth in the global economy is uneven and remains below the pace required to adequately generate much needed jobs" and "the global economy still faces persistent weakness in demand, and supply-side constraints hamper growth", Lagarde believes leaders capable of tackling these issues.
Sep 21, 2014 at 17:56 | Source: PTI
The G20 meeting will be followed by a summit in Brisbane in November. The G-20 represents about 85 percent of the global economy.
Jun 10, 2014 at 08:41 | Source: PTI
IMF Managing Director Christine Lagarde said the global economy is turning the corner on the Great Recession, and overall prospects are improving.
Feb 23, 2014 at 19:01 | Source: PTI
Satisfied with the outcome of G20 meeting, Finance Minister P Chidambaram Sunday said India's concerns with regard to withdrawal of US stimulus and the need to expedite IMF quota reforms have been taken on board by the group of rich and developing nations.
Feb 21, 2014 at 16:58 | Source: PTI
Describing India as a "strong player", Australian High Commissioner Patrick Suckling said it can play a significant role in formulating effective policy initiatives to promote strong economic growth.
Feb 20, 2014 at 18:25 | Source: PTI
Faced with persistently high inflation, RBI has embraced a hawkish monetary stance, although the economy is growing at a slower pace than previous years.
Feb 20, 2014 at 17:58 | Source: PTI
The G20 ministerial, which will be attended by FM P Chidambaram and RBI Governor Raghuram Rajan, will focus on implications of the US Federal Reserve tapering of bond purchases on emerging economies.