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Greek people have withdrawn money from their accounts which exceed to £2billion as they fear the ...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