World economy

India gains $800mn on IMF gold deal

India gains $800mn on IMF gold deal

27 Nov 2009

The RBI may have benefited by as much as $800 million on its investment of over $6.7 billion for the purchase of about 200 tons of gold from the IMF, thanks to record prices.

Chinese bank loans reach 27 per cent of 2009 GDP

Chinese bank loans reach 27 per cent of 2009 GDP

27 Nov 2009

With a majority of these loans being used to prop up the stock and property markets, the prices in these sectors have skyrocketed, creating yet another bubble

Bank stocks tumble as Dubai seeks moratorium on debt

Bank stocks tumble as Dubai seeks moratorium on debt

27 Nov 2009

Fall of Dubai World could wipe out $40 billion worth of investments that foreign, mainly European banks have made in the  rise of Dubai

Coordinated exit from global expansionary policy needed: Allianz

26 Nov 2009

China’s Ansteel to jointly develop Karara Iron Ore Project with Aussie miner

25 Nov 2009

Indo-US summit: The new Panchsheel

25 Nov 2009

Indian prime minister Dr Manmohan Singh would have been pleased with president Barack Obama characterising the Indo-US relationship as the “defining partnership of the 21st century.”

Pre-State dinner, Indian PM chews up China

Pre-State dinner, Indian PM chews up China

24 Nov 2009

Indian prime minister Dr Manmohan Singh made a meal out of the much-touted China growth story saying it was achieved without consideration for values.

Recession to usher business change, say top UK executives

24 Nov 2009

Qatar to spend $25 billion on rail network

Qatar to spend $25 billion on rail network

23 Nov 2009

The gas-rich gulf state of Qatar plans to build a rail network linking its cities with nearby countries of Bahrain and Saudi Arabia

Cuba could serve as model for protection of children's rights: UN official

21 Nov 2009

Belgian PM Herman Van Rompuy appointed first permanent president of EU

Belgian PM Herman Van Rompuy appointed first permanent president of EU

21 Nov 2009

Van Rompuy was initially reluctant to take on his new assignment but Belgian King Albert II prevailed on him to take up the job.

Indian economy to almost equal US by 2050: study

Indian economy to almost equal US by 2050: study

21 Nov 2009

India will be the third largest economy in the world after China and the US by 2050, says US think tank Carnegie Endowment for International Peace

India has no expectations from Copenhagen summit

India has no expectations from Copenhagen summit

20 Nov 2009

The Indian minister for environment has reiterated that India would reject legally binding emission limits if they were sought to be set at the Copenhagen climate summit.

US will commit reduction targets at Copenhagen: UN climate chief

20 Nov 2009

Global economy recovering on Asian growth: OECD

20 Nov 2009

UN food summit produces nothing nutritious

20 Nov 2009

UK retail sales bounce back in October

19 Nov 2009

US energy majors look to find succour in China’s sunshine energy sector

US energy majors look to find succour in China’s sunshine energy sector

19 Nov 2009

Some of the biggest names in US power industry are tying up with Chinese companies to access the cash , equipment and technology on offer for China’s fast growing energy sector

Italy exits recession with GDP growth 0.6 per cent

16 Nov 2009

UN meet on global hunger opens sans G8 leaders

16 Nov 2009

Gold set to glitter even as dollar continues to remain weak

16 Nov 2009

Russian president vows to end protectionism

14 Nov 2009

Eurozone emerges from recession, UK still in coma

Eurozone emerges from recession, UK still in coma

14 Nov 2009

The 16-nation eurozone led by strong growth from Germany in the third quarter, has emerged out of recession, leaving Britain, still in coma.

APEC seeks to separate fiscal, monetary stimulus programmes

13 Nov 2009

Singapore pushes trans-Pacific alliance to drive APEC

Singapore pushes trans-Pacific alliance to drive APEC

13 Nov 2009

The TPP plans to add the US, Australia, Peru and Vietnam as members thereby advancing towards the ideal of a free-trade area that encompasses the whole Asia-Pacific.

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