Global Financial-crisis

Showing of 1 - 20 from 23 results
Global Financial-crisis - Total results - 23
Coronavirus Outbreak: IMF supports India's 'proactive' decision of nationwide lockdown despite economic slowdown
Business

Coronavirus Outbreak: IMF supports India's 'proactive' decision of nationwide lockdown despite economic slowdown

"India entered the pandemic turmoil in the midst of a credit crunch-induced slowdown and its recovery prospect becomes more uncertain," Chang Yong Rhee, the Director of the IMF's Asia and Pacific Department,

Fed seen cutting rates amid virus threat, low inflation to cushion economy from effects of coronavirus
Business

Fed seen cutting rates amid virus threat, low inflation to cushion economy from effects of coronavirus

Unlike many other central banks, the Fed still has some room to cut interest rates, although officials there have said that they want to see a “material change” in the economic data before they take further action after cutting rates three times last year.

Global funds cut equity exposure in February, suggest increase in bond holdings instead over fears of coronavirus risk: Report
Business

Global funds cut equity exposure in February, suggest increase in bond holdings instead over fears of coronavirus risk: Report

The findings come as major indexes on Wall Street look set for their steepest weekly plunge since the global financial crisis more than a decade ago, as rising numbers of new coronavirus infections outside China increase fears of a pandemic.

India's GDP growth overestimated by 2.5% between 2011-12 and 2016-17: Former chief economic adviser Arvind Subramanian
Business

India's GDP growth overestimated by 2.5% between 2011-12 and 2016-17: Former chief economic adviser Arvind Subramanian

India's GDP growth rate between this period should be about 4.5 percent instead of the official estimate of close to 7 percent, Arvind Subramanian said

Hyundai hires former Carlos Ghosn ally Jose Munoz as global COO, Americas head
Business

Hyundai hires former Carlos Ghosn ally Jose Munoz as global COO, Americas head

Munoz, 53, joined Nissan in 2004 in Europe and led its expansion in North America after the global financial crisis.

Capitalism 'under serious threat' as economic, political system stops providing for people: Raghuram Rajan
Business

Capitalism 'under serious threat' as economic, political system stops providing for people: Raghuram Rajan

Rajan said he believes that capitalism is breaking down because it is not providing equal opportunities.

China February factory activity shrinks to three-year low, export orders worst in a decade
Business

China February factory activity shrinks to three-year low, export orders worst in a decade

China’s factory activity has been generally softening since last May.

Renault's Jean-Dominique Senard to meet Nissan CEO Hiroto Saikawa in Japan; auto firms keen to strengthen ties
Business

Renault's Jean-Dominique Senard to meet Nissan CEO Hiroto Saikawa in Japan; auto firms keen to strengthen ties

Jean-Dominique Senard will visit Nissan’s headquarters in Yokohama to meet the company’s executives and become better acquainted with its Japanese partner.

The Great Indian NPA Mess: Bad loans can snowball into banking crisis; Jaitley's solution has political overtones
Business

The Great Indian NPA Mess: Bad loans can snowball into banking crisis; Jaitley's solution has political overtones

NPAs on the other hand, have been growing. The problem was that banks did not have the capacity to assess infrastructure projects which were much bigger now.

India gets IMF boost: International body projects 7.4%  growth for India, to become fastest growing economy among emerging countries
Business

India gets IMF boost: International body projects 7.4% growth for India, to become fastest growing economy among emerging countries

Like India's improving economic performance, the global economy was also on the uptick, estimated to have grown by 3.7 percent last year and forecast to grow this year and the next by 3.9 percent,

Lower rates no substitute for broader policy reforms, says Raghuram Rajan
Business

Lower rates no substitute for broader policy reforms, says Raghuram Rajan

Defending his tight monetary policy, he said it had helped bring down the rate of inflation currently about 6 percent to the upper end of the government's target range.

Raghuram Rajan’s continuance would have benefited India: D Subbarao
Business

Raghuram Rajan’s continuance would have benefited India: D Subbarao

D Subbarao said the professional competence of RBI is best in the world

D Subbarao's memoirs: Why PM Modi must read the book closely
Business

D Subbarao's memoirs: Why PM Modi must read the book closely

May be Modi should read the book closely and take a lesson or two from the former prime minister on how to deal with the central bank

If Asian Infra Bank means death of World Bank and IMF, so be it
Business

If Asian Infra Bank means death of World Bank and IMF, so be it

If the World Bank it is not reforming, changing and adapting to the realities of 21st century, let it self-destruct. That’s how creative destruction works

Oil prices retreat in Asia on US production, export woes
Business

Oil prices retreat in Asia on US production, export woes

European benchmark Brent crude for February was down 33 cents at $36.55

Sensex crashes 1,624 points: The biggest ever market fall explained in seven graphics
Business

Sensex crashes 1,624 points: The biggest ever market fall explained in seven graphics

The top Sensex loser by points was ICICI Bank, followed by Reliance Industries, Infosys and HDFC.

Maggi row: A survivor of big crises, Suresh Narayanan is right man to helm Nestle India now
Business

Maggi row: A survivor of big crises, Suresh Narayanan is right man to helm Nestle India now

Narayanan has taken the controversy as an opportunity to introspect and learn. But it is long road ahead