World economy
Lloyds mulls £11-billion rights issue
12 Oct 2009
British banking and insurance major, Lloyds is keen to break-out off the UK government's Asset Protection Scheme
UK government to announce £16-billion asset sale
12 Oct 2009
To cut the government's mounting deficit, Britain’s prime minister Gordon Brown is to announce the sale of £16 billion worth of assets today, the BBC reports
US August trade deficit narrows to $30.7 billion
10 Oct 2009
India slips to 38th in WEF's global financial centre ranking
09 Oct 2009
All BRIC nations, except Brazil, have fallen in their rankings while the western economies hit hard by the financial sector tsunami still continue at the top of the ranking.
UK emerges as world’s leading financial centre
09 Oct 2009
US jobless claims off to 10-month low at 521,000
09 Oct 2009
EU economy contracts more than expected in Q2
07 Oct 2009
A warmer, gentler IMF?
07 Oct 2009
As we move into the next phase of this crisis, when the poor stand to be hit hardest once again, any movement by the IMF towards a more human face is to be welcomed, says says CNN's London correspondent, Richard Quest, in an exclusive column to domain-b
Pranab calls for major reforms at IMF, World Bank
06 Oct 2009
Finance minister Pranab Mukherjee today told the IMF-World Bank meeting in Istanbul that both institutions needed a major overhaul
Pranab calls for major reforms at IMF, World Bank
06 Oct 2009
Finance minister Pranab Mukherjee today told the IMF-World Bank meeting in Istanbul that both institutions needed a major overhaul
“Ditch dollar” report sends gold galloping
06 Oct 2009
A report that "secret meetings" have been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to stop using US dollars for oil trading has seen the dollar slide in currency markets and gold gallop to a record high.
Pranab elected as second vice-chair of G-24 nations
05 Oct 2009
The G-24 has unanimously elected finance minister Pranab Mukherjee as the second vice-chair of the group, leading on to full chairmanship for the country in 2011-12.
India may participate in Black Sea -Red Sea pipeline project
03 Oct 2009
India is actively examining the possibility of sourcing some of its oil imports through the Mediterranean pipeline, or the Black Sea-Red Sea pipeline project, in a bid to diversify its crude oil supply sources.
IMF raises global growth forecast to 3.1 per cent in 2010
03 Oct 2009
The Washington-based lender said that the global economy is on the rise again, driven by emerging Asian countries, mainly China and India.
IMF lowers global loss estimates due to financial crisis to $3.4 trillion
30 Sep 2009
Although write-down estimates are subject to considerable uncertainty, the analysis shows that the financial system is on the mend, says the IMF
India, Russia to boost trade to $20 billion by 2015
30 Sep 2009
The two countries plan to further boost bilateral trade, with special focus on partnerships in nuclear energy, biotechnology, nanotechnology, and core infrastructure
G20: How long will the cooperation hold?
30 Sep 2009
Crises breed cooperation. Recovery may well breed resentment, says CNN's London correspondent, Richard Quest, in an exclusive column to domain-b