rebalancing

World Bank sees slower growth in East Asia


May 23rd, 2012 - 1:59 pm ICT by IANS
Washington, May 23 (IANS) The economic growth of East Asia remains robust but is losing steam, and the region should shift further from relying on exports to spurring domestic consumption, ... Read more...

Posted in Business |

India, China will lead Asia’s growth: IMF (Lead)


April 27th, 2012 - 8:10 pm ICT by IANS
Washington, April 27 (IANS) Even as it lowered India's growth forecast to 6.9 percent this year from 7.1 percent in 2011, the International Monetary Fund (IMF) Friday said led by ... Read more...

Posted in Uncategorized |

BRICS countries becoming rule makers: Chinese expert


March 29th, 2012 - 4:17 pm ICT by IANS
Beijing, March 29 (IANS) BRICS countries are evolving from being 'followers' of the West to 'rule makers', a Chinese expert said Thursday. But he warned that intra-BRICS trade will see ... Read more...

Posted in World |

India set to grow at 8.2 percent: IMF


June 17th, 2011 - 8:08 pm ICT by IANS
Washington, June 17 (IANS) Keeping its predictions for India's growth unchanged at 8.2 percent this year and 7.8 percent in 2012, the International Monetary Fund (IMF) says global activity is ... Read more...

Posted in Business |

Failure in rebalancing China’s economy may jeopardize growth: Paul J. Heytens


April 7th, 2011 - 6:39 pm ICT by ANI
Beijing, Apr 7 (ANI): A senior Asian Development Banks (ADB) official has said the country's economy carries very little risk of a hard landing, but any failure in implementing the government's agenda ... Read more...

Posted in World |

Obama to give India ties priority in second term too


April 5th, 2011 - 10:47 am ICT by IANS
Washington, April 5 (IANS) US President Barack Obama will continue to give priority to building ties with emerging powers like India, China and Brazil in rebalancing US foreign policy ... Read more...

Posted in Uncategorized |

Asia’s contribution to global economy increasing: ADB


February 14th, 2011 - 11:55 pm ICT by IANS
Kolkata, Feb 14 (IANS) Underlining that Asia is playing a very important role in global economic restructuring, Asian Development Bank (ADB) managing director general Rajat M. Nag said Monday the continent's contribution ... Read more...

Posted in Business |

World leaders speak on more collaboration to address challenges


January 27th, 2011 - 7:40 pm ICT by IANS
Davos (Switzerland), Jan 27 (IANS) The international community should focus more on long-term structural changes to deepen collaboration among stakeholders, said the co-chairs, including India's Chanda Kochhar, at the World Economic Forum ... Read more...

Posted in Business |

India set to grow at 8.4 percent in 2011: IMF


January 25th, 2011 - 3:32 pm ICT by IANS
By Arun Kumar Washington, Jan 25 (IANS) Essentially predicting no change in its previous estimate of 8.4 percent growth for India in 2011 dipping to eight percent in 2012, the International Monetary Fund ... Read more...

Posted in Business |

Manmohan Singh asks G-20 nations to avoid competitive devaluation of currency


November 12th, 2010 - 12:33 pm ICT by ANI
Seoul, Nov 12 (ANI): The Prime Minister, Dr. Manmohan Singh, on Friday urged G-20 countries to avoid competitive devaluation of currencies at all costs and resist any resurgence in protectionism.Addressing the ... Read more...

Posted in World |

G20 must help bridge infrastructure gap: Manmohan Singh (Roundup)


November 10th, 2010 - 11:40 pm ICT by IANS
By Arvind Padmanabhan Seoul, Nov 10 (IANS) Prime Minister Manmohan Singh Wednesday pushed for a new rebalance of the global financial system in a manner that will assist flow of capital from ... Read more...

Posted in Business |

India wants open, rule-based international economic development: PM


November 10th, 2010 - 12:27 pm ICT by IANS
New Delhi, Nov 10 (IANS) Cautioning against "protectionist sentiments", Prime Minister Manmohan Singh Wednesday said India desired "an open, stable and rule-based international economic development".In a statement ahead of his departure ... Read more...

Posted in Business |

PM leaves for Seoul, cautions against protectionist sentiments


November 10th, 2010 - 12:17 pm ICT by ANI
New Delhi, Nov 10 (ANI): Prime Minister Dr. Manmohan Singh has cautioned against protectionist sentiments, saying that it is in India's interest to have an "open, stable and rule-based" international economic ... Read more...

Posted in National |

Asia’s expanding middle class presents huge opportunity for region, world: ADB


August 19th, 2010 - 3:33 pm ICT by ANI
New Delhi, Aug.19 (ANI): Developing Asia's rapidly expanding middle class is likely to assume the traditional role of the US and Europe as primary global consumers and help rebalance the global economy, ... Read more...

Posted in National |

Obama believes Chinese currency undervalued


April 14th, 2010 - 8:20 am ICT by IANS
Washington, April 14 (DPA) US President Barack Obama has said he considered China's currency to be undervalued and that it was in the Asian power's own interest to allow the renminbi ... Read more...

Posted in Business |

India to grow 7.7 percent as global recovery picks pace: IMF


January 26th, 2010 - 10:00 pm ICT by IANS
By Arun Kumar Washington, Jan 26 (IANS) With the global recovery off to a stronger start, Indian economy is projected to grow at 7.7 percent in 2010, 1.3 percentage points higher than forecast ... Read more...

Posted in Business |

Global meltdown helping Asian powers to rise, says Brit Minister


February 28th, 2009 - 5:57 pm ICT by ANI
London, Feb.28 (ANI): British Prime Minister Gordon Brown''s special envoy on the economic crisis has said the global economic meltdown is accelerating Asia''s rise to global power. Lord Malloch-Brown, the foreign ... Read more...

Posted in World |

UK railway enquiries now to be handled in India


February 28th, 2009 - 2:03 pm ICT by ANI
London, Feb.28 (ANI): The Obama administration in the United States may be taking steps to streamline the outsourcing process, but no such qualms, it seems, exist across the Atlantic in Britain. The ... Read more...

Posted in World |

‘India, China should play bigger role in global financial bodies’


May 22nd, 2008 - 12:08 pm ICT by admin
By Arun Kumar Washington, May 22 (IANS) A World Bank backed independent commission has suggested a rebalancing of global responsibilities and representation of new global players like India and China in international financial ... Read more...

Posted in World |

Now, a humanoid robot that is no pushover


December 7th, 2007 - 2:14 pm ICT by admin
London, December 7 (ANI): Japanese researchers have developed a humanoid robot that has the ability to rebalance itself after accidental or intentional shoves or kicks land anywhere on its body.This could become ... Read more...

Posted in Health Science |

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