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PM remains upbeat about India's economy
Prime Minister Manmohan Singh on Sunday said he expected India's economy to grow by a healthy 7 to 7.5 per cent in 2009, despite the global financial crisis eroding output across sectors. 'Due to the current financial crisis, growth rate may come downmore
Pakistan likely to get USD 9 billion IMF
loan Daily Times reported that Pakistan is likely to sign a USD 9 billion agreement with the International Monetary Fund next week to come out of its economic crisis and shore up its dwindling foreign exchange reserves. According to Mr Shaukat Tareenmore
Emerging economies pledge new stimulus to tackle global slump
at 0131 hrs IST Font Size Print Feedback Email Discuss Related Articles Will Obama get the desired change in economy?Obama vows to lose no time on financial crisisObama vows to lose no time on financial crisisIMF approves $15.7 bn loan to Hungary Financemore
Growth forecast for India is below its potential: IMF
Will Obama get the desired change in economy?Obama vows to lose no time on financial crisisObama vows to lose no time on financial crisisIMF approves $15.7 bn loan to Hungary Appreciating measures taken by India to deal with the global financial crisis,more
China takes steps to stimulate economy
China unveiled an economic stimulus plan and said it would adopt a more aggressive fiscal approach in a major policy shift amid a worrying slowdown in economic growth.The measures were approved at a cabinet meeting chaired by Premier Wen Jiabao onmore
China moves to boost economy (Reuters)
BEIJING /SAO PAULO (Reuters) - China approved a huge stimulus plan on Sunday worth nearly $600 billion (383 billion pounds), part of a new global push by leading economies for measures to offset an expected recession in many countries. In Brazil, financemore
PM hardsells India economy in Oman
Nov. 9: Prime Minister Manmohan Singh may have come to Oman to hardsell Indiaâs economy, which he said had witnessed rapid and sustained growth, but he also grudgingly accepted that a slowdown could not be ruled out. 'Due to the currentmore
China takes steps to stimulate economy
Market watch top headlines Australian reports Aust markets: : : World reports World commodities: World markets: BPT, IMF, ANN, MAH, PMP, BBP, PMP, AFG, RAT, RJT, BSL, ABS, FUN, CBA, WHS, TEL, MQG, AFP 2008-11-10 China unveiled an economic stimulusmore
Emerging economies press for greater role in financial overhaul
Emerging economies pressed Saturday for a greater role ahead of a Washington summit next week at which world leaders will try to agree a common approach to the global financial crisis. Brazilian President Luiz Inacio Lula da Silva told finance ministersmore
China takes steps to stimulate economy
'China has decided to adopt an active fiscal policy and moderately easy monetary policies to foster fast but steady economic growth by expanding domestic demand,' Xinhua news agency said. The spending package would total four trillion yuan ($A884.19more
Asia looks to rework IMF relationship
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China Economy, the U.S. Election, and Expectations
I am delighted with the results, of course. Obama is a brilliant thinker and a charismatic figure, and has shown himself to be willing to listen to people who know more than he does, however without fobbing onto them the ultimate responsibility formore
China to boost economy in global anti-crisis push
BEIJING/SAO PAULO - China approved a massive stimulus plan on Sunday worth nearly $600 billion through 2010 to boost domestic demand as part of a global push for measures to soften an expected recession in many countries. In Brazil, finance ministers,more
China takes steps to stimulate economy
China unveiled an economic stimulus plan and said it would adopt a more aggressive fiscal approach in a major policy shift amid a worrying slowdown in economic growth. The measures were approved at a cabinet meeting chaired by Premier Wen Jiabao onmore
China takes steps to stimulate economy
China unveiled an economic stimulus plan and said it would adopt a more aggressive fiscal approach in a major policy shift amid a worrying slowdown in economic growth. The measures were approved at a cabinet meeting chaired by Premier Wen Jiabao onmore
China moves to boost economy
1 hour 52 mins ago Kirby Chien and Anna Willard China approved a huge stimulus plan on Sunday worth nearly $600 billion (383 billion pounds) through 2010, part of a new global push agreed to by leading economies for measures to offset an expectedmore
Emerging economies to jointly fight financial crisis
World's four fastest-growing economies would take measures to reduce the impact of the global financial turmoil, Russian Finance Minister Alexei Kudrin has said. Finance ministers from Brazil, Russia, India and China (the BRIC), had agreed to cooperatemore
World Bank to have greater presence of developing economies
World Bank chief Robert Zoellick has said that the institution is looking forward to larger participation of the developing countries in its decision-making process. Speaking on the sidelines of a G-20 ministerial level gathering in Sao Paulo, Zoellickmore
Big economies eye China
SAO PAULO - THE world's biggest economies turned to China on Sunday to help soften an expected recession in many countries as Beijing approved a huge stimulus plan, the latest twist in a global effort to boost growth. Finance ministers, senior officialsmore
China's new fiscal policy
BEIJING - CHINA will adopt a more aggressive fiscal approach marked by increased domestic spending, according to a state media report on Sunday that signalled a major policy shift amid slowing economic growth. 'China has decided to adopt an active fiscalmore
China to pump $586 billion into economy
China has announced a $586 billion stimulus package to boost domestic demand and protect the world's fourth largest economy from the global financial crisis. State-run media said Sunday the plan includes investing in infrastructure, social welfare,more
China moves to boost economy
BEIJING/SAO PAULO (Reuters) - China approved a huge stimulus plan on Sunday worth nearly $600 billion ( 383 billion pounds), part of a new global push by leading economies for measures to offset an expected recession in many countries. In Brazil, financemore
China to pump $586 billion into economy
China has announced a $586 billion stimulus package to boost domestic demand and protect the world's fourth largest economy from the global financial crisis. State-run media said Sunday the plan includes investing in infrastructure, social welfare,more