The head of the Reserve Bank of India, Shaktikanta Das, expressed confidence in the country's ability to achieve sustainable economic growth in the region of 7.5-8% in the medium term.This statement was made against the background of published data on the slowdown in India's GDP growth to 6.7% in the second quarter of this year, compared with 8.2% in the same period last year. This dynamic has increased the pressure on the RBI to lower interest rates.Das stressed that steady growth of 7.5-8% is ... Прочетете още
Inequality and poverty rates in the UK are expected to get worse within a five year-period as the... Прочетете още
The Central bank of China funded 413.85 billion yuan equivalent to 60.2 billion U.S. dollar in... Прочетете още
After 25 years the economy of Nigeria experienced an annual decline in its economic output as the... Прочетете още
Investors are now shifting their focus from Donald Trump’s Congress address to the timing of the F... Прочетете още
The Australian economy is assumed to have recovered after a surge in demand for exports and... Прочетете още
The consumer confidence of UK for this month declined while the British currency weakened. The... Прочетете още
The US Senate has already confirmed the appointment of billionaire Wilbur Ross as US Commerce... Прочетете още
In the upcoming week, the passive investment funds are expected to rise to $2 billion from... Прочетете още
The economy of Argentina beefed up by 1.6% during the month of December compared with last month... Прочетете още
The Dow Jones Industrial Average Index (DJIA) has recently recorded another all-time high for the... Прочетете още
The economy of India is projected to fell nearly three-year low for the last three months of the... Прочетете още
The greenback declined versus other major currencies on Thursday because of the absence of... Прочетете още
Contrary to the general market sentiment, the FOMC is not so keen on raising interest rates this... Прочетете още
Business investments in Australia dropped for the fourth straight quarter as miners lessened while... Прочетете още
A couple of years later the negative growth in the economy of Venezuela continues which brought... Прочетете още
Financial authorities in China have allocated billion of dollars in tax downsizing and penury aid... Прочетете още
The sovereign states, Britain and Singapore held yesterday the renewal of their bilateral ties... Прочетете още
Donald Tsang, the ex-chief executive of Hong Kong, has just been charged with grave misconduct... Прочетете още
Brazil lowered its inflation rate less than 5 percent halfway February for the first time since... Прочетете още
Policymakers in the UK are pressuring UK PM Theresa May to increase transparency with regards to... Прочетете още
Crude oil prices stayed in the holding pattern as it awaits for a much clearer data regarding the... Прочетете още
Emergings markets are attracting more investors to invest in infrastructures hoping for higher... Прочетете още
Greek people have withdrawn money from their accounts which exceed to £2billion as they fear the ... Прочетете още
European stocks finally ended its rallying streak and dropped significantly for the first time in... Прочетете още
Thailand’s economy recorded its slowest growth rate in over a year during the previous quarter as t... Прочетете още
Based on the Family Spending Survey led by the Office for National Statistics (ONS), the households... Прочетете още
Singapore’s economy advanced at a quicker rate in the past three months of 2016 which is more than e... Прочетете още
The Bank of England re-evaluated its proposal to revise the lending rate benchmark for interbank... Прочетете още
Kazakhstan intends to provide 2.1 trillion-tenge ($6.5 billion) worth of government budget in... Прочетете още
The US dollar was able to reverse its losses and reach its highest value for this month as Fed... Прочетете още
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