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World Economy

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:

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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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