world finance

India to step up oil, gas imports from Africa


December 9th, 2011 - 10:26 pm ICT by IANS
New Delhi, Dec 9 (IANS) With its energy needs growing to fuel a $1.8 trillion economy and Africa emerging as an alternative hydrocarbons hub, India Friday said it will ... Read more...

Posted in Business |

Abu Dhabi Commercial Bank posts $158 mn profits


April 27th, 2011 - 1:00 am ICT by IANS
Abu Dhabi, April 26 (IANS/WAM) The Abu Dhabi Commercial Bank (ADCB) Tuesday posted a net profit of 583 million dirhams (about $158 million) for the first quarter of 2011.Commenting on ... Read more...

Posted in Business |

India poised to grow at 8 percent, inflation worrisome


April 25th, 2010 - 12:09 am ICT by IANS
By Arun Kumar Washington, April 24 (IANS) Recovering rapidly from the global financial crisis, India is poised to grow at 8 percent this year, but inflation and excessive capital flows could pose ... Read more...

Posted in Business |

40 percent leap in Indian student enrolment in Australia


May 7th, 2009 - 5:26 pm ICT by ANI
Melbourne, May 7 (ANI): Overseas students continue to defy economic downturn to come to Australia.In one of the few bright spots for the Australian economy, universities set another record with a 21.7 ... Read more...

Posted in World |

IMF sees ‘break in the clouds’, but no voice for emerging economies


April 26th, 2009 - 12:41 pm ICT by IANS
By Arun Kumar Washington, April 26 (IANS) Amid signs of a "break in the clouds" of the economic storm, world finance leaders have pledged to keep working collaboratively to restore international financial stability ... Read more...

Posted in Business |

IMF set for huge expansion as world finance ministers meet


April 23rd, 2009 - 11:46 am ICT by IANS
By Chris Cermak Washington, April 23 (DPA) With a financial crisis still hammering away at the global economy, the International Monetary Fund is poised for one of its biggest expansions of power since ... Read more...

Posted in World |

India, China may see largest gains in IMF quotas


April 21st, 2009 - 10:29 am ICT by IANS
By Arun Kumar Washington, April 21 (IANS) India, China, South Korea, Brazil and Mexico will see some of the largest gains in their quota shares in the International Monetary Fund to bring them ... Read more...

Posted in Business |

Bush welcomes G20 leaders for critical financial summit


November 15th, 2008 - 10:07 pm ICT by IANS
Washington, Nov 15 (DPA) US President George W. Bush greeted leaders from the world's 20 top economies Saturday for an historic summit aimed at stabilizing the financial system and halting a global ... Read more...

Posted in Uncategorized |

Indian economy will weather global financial storm: Chidambaram


October 8th, 2008 - 10:55 pm ICT by IANS
New Delhi, Oct 8 (IANS) The Indian economy "has the capacity and resilience to weather the (financial) storm brewing across the world", Finance Minister P. Chidmbaram declared here Wednesday."No one need have ... Read more...

Posted in Business |

IMF warns of inflation, cooling economy as Chidambaram arrives


April 12th, 2008 - 11:45 am ICT by admin
By Arun Kumar Washington, April 12 (IANS) As India's Finance Minister P. Chidambaram arrived here, the International Monetary Fund (IMF) said that inflation is becoming a big issue in India as its economy ... Read more...

Posted in Business |

India, China models for developing nations: World Bank


April 11th, 2008 - 12:05 pm ICT by admin
By Arun Kumar Washington, April 11 (IANS) As "new growth poles", India and China can serve as models for the developing world, particularly Africa, to stimulate inclusive and sustainable growth despite the current ... Read more...

Posted in Business |

India, China not immune to world slowdown: IMF


April 11th, 2008 - 10:44 am ICT by admin
By Arun Kumar Washington, April 11 (IANS) Despite resilient growth, India, China and other emerging economies would not be insulated from a "serious slowdown in economic growth" in the developed world, says the ... Read more...

Posted in World |

PM seeks global funds to fight climate change


March 31st, 2008 - 8:13 pm ICT by admin
New Delhi, March 31 (IANS) The international community should consider creating financial mechanisms that will promote environment friendly technologies and technology transfer to developing countries to deal with climate change, Prime Minister ... Read more...

Posted in Environment |

India’s ’soft power’ gets special budgetary allocation


February 29th, 2008 - 3:53 pm ICT by admin
New Delhi, Feb 29 (IANS) As India's profile rises across the world, Finance Minister P. Chidambaram Friday made a special mention of projecting India's "soft power" in a more "sophisticated and subtle ... Read more...

Posted in Business |

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