Global Economic

Asked about India's preparedness to confront the economic slowdown situation, Narayan Rane said, "Since we are in the cabinet, we get information (about economic slowdown) or PM Modiji advises us on it."

Indonesia expects G20 to deliver concrete outcomes for global economic recovery

"We hope the G20 summit can deliver concrete partnerships that can help the world in its economic recovery," Widodo said at the start of their bilateral meeting on the island of Bali, where the summit is taking place this week.

Rate difference between two countries shows currency disparity: Paul Schulte

Paul Schulte, founder and editor, Schulte Research, talks about the rupee fall, global sell-off, Indian markets, and the dollar index in a special interaction with CNBC-TV18.

Gold set for worst year since 2015 on fading safe-haven demand

Spot gold rose 0.1% in thin trading to $1,817.57 per ounce by 0846 GMT, hovering close to a one-month high. U.S. gold futures rose 0.3% to $1,818.90.

Gold prices gain as coronavirus cases surge

"With rising virus cases globally, especially in the west, gold's appeal as a safe haven is coming to the fore," said Howie Lee, economist at OCBC Bank.

Budget 2020: Boost infra creation, revive investment funding, says KPMG

Among these are the slowing pace of GDP growth, structural issues affecting infrastructure and capital asset creation and the strains on government finances arising from a variety of factors, including lower-than-expected tax realisations.

India will emerge from difficult economic situation soon: Rajnath Singh

Singh, who arrived in the US on Monday for the 2019 US-India 2+2 Ministerial Dialogue in Washington DC on September 18, addressed members of the Indian community at educational organisation Asia Society here at an event organised by the Consulate General of India.

NTPC bullish on power demand, to add 24 GW at Rs 1.6 lakh cr

"Various projects of the company having an aggregate capacity of around 24 GW are under implementation at 23 locations across the country," NTPC CMD Gurdeep Singh said while addressing the company AGM today.

G20 summit to focus on steps to boost economic growth, trade

Prime Minister Narendra Modi will join US President Barack Obama, Chinese President Xi Jinping along with other top world leaders to discuss global efforts needed to boost economic growth and trade.

Fed signals interest rate hike firmly on the table for June

The policymakers said recent data made them more confident inflation was rising towards the Fed's 2 percent target, and that they were less concerned about a global economic slowdown, according to the minutes, which were released on Wednesday.

PAC asks Rajan to explain 'real causes' of bad-loan menace

Congress leader K V Thomas-led Public Accounts Committee (PAC), whose term ended yesterday, has examined Rajan's response but can ask the RBI Governor to appear before it in future once it is reconstituted, sources said.

Why the Fed will never get what it wants: Strategist

The Fed's mandate "isn't to have a perfect world. That only exists in fairy tales, dreams and in your econometric models," Boockvar said in a recent note to clients. He believes that the Fed's monetary has been far too accommodative under Yellen as well as under Ben Bernanke.

PM Modi seeks Saudi Arabia investments in key Indian sectors

Saudi Arabia is planning to set up world's largest sovereign wealth fund of over USD 2 trillion and India was eyeing a major investment from the country which is India's fourth largest trading partner.

COLUMN: Budget has something for everyone, but silent on GST

All taxable services will become dearer by 0.5 percent from 1 Jun 2016 and will now be liable at a cumulative rate of 15 percent.However, unlike Swachh Bharat Cess, credit of KKC will be available against KKC. Another new levy is the infrastructure Cess (non-creditable) ranging from 1 percent to 4 percent applicable on motor vehicles.

Price cutting supports demand for factory goods in Feb: PMI

The Nikkei/Markit Manufacturing Purchasing Managers' Index held steady at January's 51.1 last month, its second month above the 50 mark that separates growth from contraction after it fell below that level in December for the first time in over two years.

Oil price gains capped by IEA gloom

US benchmark West Texas Intermediate for March delivery added 46 cents to USD 30.15 a barrel compared with Monday's close.

Gems & Jewellery: All is not shining and sparkling!

India is world's largest cutting and polishing centre for diamonds with 14 out of 15 diamonds process in India. However, due to the global economic downturn, this industry has seen a continuous fall in its revenues and global market share. Eminent panellists discuss what will make this industry come back to its high growth rates?

World economy teetering on edge of recession: Citi's Buiter

The bank cut its 2016 global growth forecast to 2.7 percent from 2.8 percent and slashed its outlook for the US, UK and Canada, plus several emerging markets including Russia, South Africa, Brazil and Mexico.

World Bank cuts global economic growth outlook

Global growth should accelerate to 2.9 percent this year from 2.4 percent in 2015, the bank said, but that still represents a downgrade from its June forecast for 3.3 percent growth.

Fed Vice Chair Fischer signals rate hike

Traders continue to seek guidance on whether the Fed will move from near-zero rates at its policy meeting next month. The US central bank has held the federal funds rate there since the aftermath of the global financial crisis.

Fed is creating uncertainty: Goldman's Zoellick

Robert Zoellick, now the chairman of Goldman Sachs International Advisers, told CNBC Thursday that the current challenge facing policymakers was how they communicated their future strategies and how that was impacting productivity and the fundamentals of growth in the business community.

Fed holds steady; few clues about future rate hike

As expected, the Federal Open Market Committee voted to maintain its zero interest rate policy, citing weakness in exports and soft inflation as reasons to continue its historically easy monetary policy. The FOMC vote had just one dissent, from Jeffrey Lacker, who wanted to see the Fed enact a quarter-point hike.

Fed seen holding rates steady as investor skepticism swirls

The world's most powerful central bank hasn't hiked rates in about a decade and markets see virtually no chance it will do so at the end of this week's two-day policy meeting. The Fed is scheduled to announce its rate decision at 2 pm ET (1800 GMT).

Jaitley still wants Goods and Services Tax by April 2016

Addressing an economic conference, Jaitley said the current global economic situation presented an opportunity for India.

Asia Business Responsibility Summit 2014

Over the past many years India has established itself as a global economic power to reckon with but gone are the days when only profit was the be all and end all of business. Today‘s businesses need to focus on more than just profit.