Search For "global financial crisis"
Modi government handled economy better in COVID-19 pandemic than UPA did d
Updated : 4 years, 1 month ago IST
New Delhi [India], February 11 (ANI): The Indian economy is back on a faster and sustained recovery path as Prime Minister Narendra Modi government handled the crisis caused by COVID-19 in a more efficient manner than the UPA government did during the 2008-09 global financial crisis, Fina
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China's debt increasing, financial system struggle to manage burden: US co
Updated : 4 years, 3 months ago IST
Washington [US], November 18 (ANI): In the wake of Beijing's stimulus-led recovery from the COVID-19 pandemic, China's debt burden has further increased, stressing a financial system still struggling to manage an unprecedented debt expansion following the 2008 global financial crisis, US-Chi
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COVID-19: APEC economy to reduce by 2.7 pc in 2020
Updated : 5 years, 10 months ago IST
Hanoi [Vietnam], April 27 (VNA/ANI): The Asia-Pacific Economic Cooperation (APEC) region is expected to post a 2.7 per cent economic decline in 2020 due to the impact of COVID-19.
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Asia Pacific to clock lowest growth since 1960s due to COVID-19 pandemic:
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 16 (ANI): Economic growth in the Asia Pacific this year will come to a halt for the first time in 60 years as coronavirus crisis takes an unprecedented toll on the region, the International Monetary Fund has said.
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Saving lives and protecting livelihoods go hand in hand: IMF
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 4 (ANI): IMF Managing Director Kristalina Georgieva has urged the world to come together to protect the most vulnerable from the unprecedented health and economic crisis.
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Coronavirus to weaken sovereign fiscal positions: Fitch Ratings
Updated : 5 years, 12 months ago IST
Hong Kong, Mar 18 (ANI): The economic impact of coronavirus combined with associated policy responses is likely to result in a higher-than-average number of sovereign rating actions in 2020 and a more pronounced downward bias in sovereign rating changes than in any year since the aftermat
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Equities post biggest intra-day recovery after hitting lower circuit on Fr
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 13 (ANI): Equity benchmark indices staged the biggest ever intra-day recovery on Friday after hitting a 10 per cent lower circuit for the first time since 2008 global financial crisis.
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Wall St. Execs promise Trump to help consumers as economy weakens due to c
Updated : 6 years ago IST
Washington D.C. [USA], Mar 12 (ANI): In a meeting with Donald Trump overtaking immediate steps to curb the further spread of coronavirus in the United States, Wall Street executives on Wednesday (local time) promised the President to help consumers as the American economy continues to weaken
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2019 worst year for global air freight demand since 2009: IATA
Updated : 6 years, 1 month ago IST
Geneva [Switzerland], Feb 5 (ANI): The International Air Transport Association (IATA) released full-year 2019 data for global air freight markets on Wednesday showing that demand measured in freight tonne kilometres (FTKs) fell by 3.3 per cent compared to 2018 while capacity (AFTK) rose by 2
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Policymakers must undo trade barriers to revive global growth: IMF
Updated : 6 years, 4 months ago IST
Washington DC [USA], Oct 20 (ANI): With the global economy in a synchronised slowdown amid growth forecast for 2019 to 3 per cent -- its slowest pace since the 2008 global financial crisis -- the International Monetary Fund (IMF) has urged policymakers must undo the trade barriers put in pla
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US-China trade war weighs heavily on global air cargo traffic
Updated : 6 years, 5 months ago IST
Geneva [Switzerland], Oct 9 (ANI): The International Air Transport Association (IATA) on Wednesday released data for global air freight markets showing that demand measured in freight tonne kilometres (FTKs) contracted by 3.9 per cent in August compared to the same period in 2018.
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RBI to focus on growth when inflation is under control: Das
Updated : 6 years, 9 months ago IST
Mussoorie (Uttarakhand) [India], June 17 (ANI): Amid global slowdown and weakening trade, the Reserve Bank of India (RBI) has been striving to boost economic growth in the country when inflation is under control, its Governor Shaktikanta Das said on Monday.
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