Ten of the world’s richest people collectively lost $200.2 billion of their total net worth (YTD) as of March 16, 2020.
Moneycontrol’s Sakshi Batra does a 3-point analysis to understand how the sales of different segments of the sector have been in February 2020.
The World Economic Forum will throw up a lot of good ideas, but they have to be followed through.
In the last plenary session on 'Global economy in transition', IMF chief Christine Lagarde listed climate change, an ageing population, jobs for youth, income inequality and the need to make the world more cooperative among the key issues needed to be dealt with.
In a special address here at the World Economic Forum Annual Meeting 2019, he said the past seven decades have witnessed remarkable achievements in China's development.
In a veiled attack at policies being adopted by countries like the US, she said, "There is a new approach in the world that says shouldn't we look after our own, and ensure that our own are looked after."
Released during the annual IMF and World Bank meeting in Bali, Indonesia, the World Economic Outlook projects that global growth will remain steady over 2018–19 at last year's rate of 3.7 percent. This growth exceeds that achieved in any of the years between 2012 and 2016, he said.
In a report, the Japanese government has warned that a higher US tariff could backfire, jeopardising hundreds and thousands of American jobs.
Xi's comments were made to Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), media said.
Developing Asian countries will drive the world economy in the next two years, the Asian Development Bank said today, but it warned of uncertainties from the United States and Europe.
The world economy grew 2.2 percent in 2016, the slowest pace since the end of the 2008 financial crisis.
Britain's leaders said they will look for partners elsewhere if the bloc restricts access to its huge market.
World finance leaders issued fresh warnings about economic stability risks on Friday amid worries about a massive US fine for Deutsche Bank destabilising Germany's largest bank, a sharp fall in the British pound and weak global growth.
Modi, who chaired a meeting here yesterday to review the progress in core infrastructure sectors, said it was noted that there has been "phenomenal progress" in vital sectors such as renewable energy and railways.
"Taking into account country-specific circumstances, we commit to strengthening our economic policy responses in a cooperative manner and to employing a more forceful and balanced policy mix, in order to swiftly achieve a strong, sustainable and balanced growth pattern.
On the sidelines of Credit Suisse Asia Conference, Helman Sitohang told CNBC-TV18 that Asia is still growing much faster than the rest of the world and is likely to grow 5-5.50 percent this year.
Some analysts â€” including those at Citi â€” have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the US.
Ajit Gulabchand, Chairman and Managing Director, HCC expects a pickup in infrastructure spending in the coming year.
Released ahead of the annual meetings of the International Monetary Fund and World Bank in Lima, Peru, the index paints a much more pessimistic outlook than the fund is likely to predict later this week.
CNBC-TV18‘s Farah Bookwala Vhora spoke to Manwani and began by asking him about the kind of changes business models need to undertake in order to plan for the future.
Overall global economic recovery gathered momentum and consumers became more confident in raising their travel spending, according to online accommodation booking website Hotels.com's Hotel Price Index (HPI).
CARE Ratings has come out with the summary of the Global Economics Prospects released by World Bank. "The overall world economy is expected to improve in 2015 and India is to do well scaling up to 6.4%", says the ratings agency.
Top 10 trends for 2015 are deepening income inequality; jobless growth; lack of leadership; rising geostrategic competition; weakening of representative democracy; rising pollution in developing world; rising occurrence of severe weather events; intensifying nationalism increasing water stress and growing importance of health in the economy.
James Emmett, Head - Trade Finance, HSBC says the interesting about global growth numbers is the fact that there is continuing growth.
Delivering a speech at the IndexUniverse's Inside Commodities Conference Nouriel Roubini's tone reflected an improbable belief in a stronger US economy.