World economy
France to prolong emergency; warns EU of risk from refugee influx
23 Jan 2016
The migration crisis has threatened major shifts in population, French Prime Minister Manuel Valls said, and warned that the open arms policy has put the concept of Europe itself in very grave danger
World economy too reliant on a 'make-believe’ market: Raghuram Rajan
21 Jan 2016
While there isn’t anything in the global economy to support market tantrums, Reserve Bank governor Raghuram Rajan says there is some anticipation that as central banks start reducing an accommodating stance, asset prices will find the appropriate level
World’s richest 1% own as much as remaining 99%
19 Jan 2016
The study by UK non-profit Oxfam found that the 62 richest people in the world own as much as the poorest 3.6 billion, and the rich-poor gap has widened dramatically in the past 12 months
EC president Jean-Claude Juncker warns of serious economic consequence over migration crisis
16 Jan 2016
Iran set to be unshackled from sanctions today
16 Jan 2016
Terror attack in Burkina Faso leaves 20 dead
16 Jan 2016
Al Qaeda-linked terrorists stormed a hotel popular with foreigners in the West African nation, leading to a gun battle after which security forces were able to evacuate 126 hostages
Oil falls below $30 as Iran floods market, Chinese demand slows
16 Jan 2016
Oil prices crashed to a 12-year low below $30 a barrel as a post-sanctions Iran prepared to unleash a flood of new oil amid a slowdown in demand from the world's two biggest economies, the US and China
Post-sanctions Iran to unload oil on India, Europe
15 Jan 2016
Iran hopes to increase its exports to India by 200,000 barrels per day to some 460,000 bpd, and Indian refiners say they are willing to buy it if the price is right
India-Pak talks put off by mutual agreement
14 Jan 2016
India said today it is working with Pakistan to fix a new date for the foreign secretary-level talks that were scheduled for Friday, while it is prepared to welcome a special investigation team from Pakistan
Ad spending growth in UK hits three-year low
14 Jan 2016
A net balance of 0.5 per cent of companies increased their advertising budgets in the December quarter, compared with 4.4 per cent in the previous quarter and 6.1 per cent in the same period the year before
Pak nabs Pathankot ‘mastermind’ Maulana Masood Azhar
13 Jan 2016
Pakistan has detained Maulana Masood Azhar, chief of the terrorist outfit Jaish-e-Mohammed accused by India of carrying out the deadly attack on the Pathankot Air Force base last week. Azhar was one of the men freed by India in exchange for the Kandahar hijack hostages in 1999
Sex crimes make Germany rethink refugee policy
09 Jan 2016
Raghuram Rajan is Central Banker of the Year 2016
08 Jan 2016
Reserve Bank of India governor Raghuram Rajan has been conferred with the Central Banker of the Year Award for 2016 by The Banker
Raghuram Rajan is Central Banker of the Year 2016
08 Jan 2016
Reserve Bank of India governor Raghuram Rajan has been conferred with the Central Banker of the Year Award for 2016 by The Banker
World Bank sees global financial turmoil in 2016
07 Jan 2016
In its annual Global Economic Prospects report, the World Bank says a simultaneous slowdown in developing economies will be intensified by fresh financial turmoil – but adds that India will see robust growth in 2016
N Korea faces fresh UN sanctions after H-bomb claim
07 Jan 2016
The UN Security Council agreed on Wednesday to roll out new measures to punish North Korea after its shock announcement of a hydrogen bomb
N Korea claims successful test of hydrogen bomb
06 Jan 2016
The announcement has left the international community scrambling to verify the accuracy of North Korea’s claims, though last month had suggested Pyongyang had already developed a hydrogen bomb
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