Global Roundup

China seems to be staring at a huge and unprecedented economic and financial crisis.    According to an article published in the Jing Rong Jie (Financial World) website, and reported by the...
Apr 18, 2018
167
0
The International Monetary Fund (IMF) is optimistic on the outlook for global growth but has sounded a warning about a possible setback due to fading fiscal stimulus and rising interest rates...
Apr 13, 2018
165
0
With US pursuing protectionist policies, India and European Union have resumed talks to bring to life the stalled Free Trade Agreement (FTA).    India is looking for greater market access in...
Apr 12, 2018
121
0
Among emerging countries in the G20 group, China and India have been hit hardest by the protectionist interventions in the past year, said the Global Trade Alerts (GTA).   China, the US and...
Apr 10, 2018
122
0
In March, US trade representative Robert Lighthizer’s office had challenged India at the WTO over its export promotion schemes alleging that these exemptions are against the WTO rules as they...
Apr 02, 2018
295
0
The process of filing petitions for H-1B began from Monday amidst high scrutiny by the US administration. This visa is considered as the most sought-after work visa among highly skilled Indian...
Apr 02, 2018
113
0
If the tariff war escalates into a fullscale global trade war, it would have a collateral damage for the Indian economy as well, with the country's exports taking a hit, current account deficit...
Mar 26, 2018
156
0
Even as US President Donald Trump announced US$ 50 billion of tariffs on Chinese steel and aluminum products in a move to punish China for its “unfair” trade practices; in a retaliatory counter...
Mar 23, 2018
205
0
The US Federal Reserve, on Wednesday, raised interest rates and forecast to make two more hikes in 2018.   The bank, led by Jerome Powell in his first meeting as chairman, approved the new...
Mar 22, 2018
186
0
Representatives of Indian industry have voiced their opposition to negotiations on e-commerce rules at the World Trade Organisation in a meeting with WTO Director-General Roberto Azevedo. Many are...
Mar 20, 2018
204
0
The US has filed a complaint at the WTO about India’s export subsidy programmes. The programmes challenged include almost the entire of India’s trade policy: the Merchandise Exports from India...
Mar 15, 2018
271
0
The Bloomberg Billionaires Index shows that the world’s richest are slowly shifting towards the US and Asia from Europe, which was once a hotbed for billionaires.   The index –  a daily ranking...
Mar 12, 2018
167
0
The fears of a global trade war have intensified following the resignation of Gary Cohn, the chief economic adviser to Donald Trump, as he failed to dissuade the US president from raising import...
Mar 07, 2018
212
0
Former US Treasury Secretary Larry Summers has said that the next U.S. recession could drag on longer than the last one that stretched 18 months.    With the economy in its ninth year of...
Mar 06, 2018
190
0
President Donald Trump said that the US was "getting nothing" with New Delhi's recent announcement that it had slashed customs duty on imported motorcycles from high-end brands to 50 per cent. He...
Feb 27, 2018
180
0
The oil prices have been rising to normal after years of gloom, with global markets recovering coupled with a deal among producers to throttle output.   However, growing shale production in the...
Feb 13, 2018
225
0
After US stocks plummeted on 5 February, the White House sought to play down concerns, saying President Donald Trump was focused on "exceptionally strong" underlying fundamentals in the economy...
Feb 06, 2018
199
0
China has said that it is ready to talk to India to resolve their differences on the $50 billion China-Pakistan Economic Corridor (CPEC) that passes through PoK.    Referring to Indian...
Jan 29, 2018
286
0
TCS and Infosys have joined a global drive for tech reskilling of one million workers. The initiative, whose founding partners also include Accenture, CA Technologies, Cisco, Cognizant, Hewlett...
Jan 25, 2018
268
0
Despite gaining over six per cent, India is not among the top five best-performing global markets in 2018. BRICS peers Brazil and China are among top performing markets, with a gain of 10.3 per...
Jan 24, 2018
217
0
PwC’s survey of CEOs shows that India has emerged as the fifth most attractive market for investments and the optimism over global economic growth is at a record level.   Around 46 per cent of...
Jan 22, 2018
249
0
The consolidation of Brent crude oil prices around $70 a barrel has led to a debate over the price reaching $80 a barrel. analysts have turned bullish on crude oil prices, with many revising their...
Jan 19, 2018
205
0
US President Donald Trump said on Thursday that the United States could "conceivably" return to the Paris climate accord, although he stopped short of signalling any move in that direction.   "...
Jan 11, 2018
199
0
India has rejected a “vague” request from the US, seeking the World Trade Organization’s (WTO) permission to impose trade retaliatory measures against India.   India told the WTO that there is...
Jan 10, 2018
238
0
The transition period for full Brexit can't be extended beyond 31 December 2020, says the European Commission’s negotiating directives.   Britain Prime Minister Theresa May had asked for around...
Dec 21, 2017
308
0
US government has found a way to fix the problem of cash hoarding by big companies.    They are planning to cut tax, which will then motivate big companies to use piled-up cash for investment,...
Dec 20, 2017
305
0
The US central bank, on Wednesday, raised the interest rates by 0.25 per cent for the third time in 2017.   "The stance of monetary policy remains accommodative, thereby supporting strong...
Dec 14, 2017
223
0
Warning of geopolitical risks, US protectionism and spill over from global monetary tightening and China’s deleveraging measures, Moody’s Investors Service kept its forecast for G20 economic growth...
Dec 14, 2017
206
0
If President Donald Trump re-appoints Janet Yellen again as the Federal Reserve Chair she would not turn her back on the raft of US financial reforms that Republicans want to rollback, she said...
Dec 14, 2017
217
0
British Prime Minister Theresa May will make public papers on Brexit negotiations in the coming weeks, on issues such as Northern Ireland and the customs union.    The move is also an apparent...
Dec 14, 2017
147
0
During election campaign last year, Donald Trump had promised its business­men of all the benefits by re-working on trade tariffs with countries across the globe.    However, seven months have...
Dec 14, 2017
170
0