The International Monetary Fund (IMF) has predicted that the Indian economy would remain the fastest growing major economy of the world for 2019 and 2020 with projected growth rate of 7.3 percent for 2019 and 7.5 percent for 2020. This growth would be driven by continued recovery of investment and...

 The United States president Donald Trump has threatened to impose higher tariffs on import of French wines and cheese in addition to a number of other goods such as includes aircraft and motorcycles. The US administration could impose tariffs on all of the goods potentially sometime later...

The gapping disparity between the sluggish global economic growth and the strength of global shares grows wider. On Wednesday, April 9, 2019, the share market of Asia saw dip from its “eight-month highs”, as the tariff tension between Europe and the U.S. increased and the IMF toned down on “global...

A draft shows that the bloc may sanction a second Brexit delay with certain conditions on the U.K. The leaders of EU are going to allow the U.K. PM to avail a second Brexit delay, although they might push the latter into accepting “a much longer extension” as France is pushing to put forth...

Bitcoin mining is being sought to be banned in China by the state planner of the country. Reports based on a draft list of industrial activities that the agency has drawn up which it wants to stop stated that this was the latest signal of pressure that the cryptocurrency sector in the country was...

The world economy is a "delicate moment" according to the chief economist of the International Monetary Fund Gita Gopinath. While a global recession is not being predicted by Gopinath, she said that "there are many downside risks".   According to the regular assessment of the World Economic...

The United States and China could announce a trade deal as early as in four weeks as the two parties are close on finalising it, said the US president Donald Trump. China has said that continuing trading with the US would be very difficult without a formal trade agreement.   The two...

Amid the shifting trend towards EV market observed in auto-industries worldwide, South American countries seem to prefer traditional fuel. During the last week’s meeting held at Brazil, auto-executives like General Motors as well as Toyota stressed that the South American auto market is “likely to...

The total debt load in the world in 2018 grew by less than 1.5% . Its peak was passed in the first quarter, after which the volume of liabilities began to decline, the Washington Institute of International Finance calculated. In the United States, however, the growth of debt has become the highest...