The India-US relationship cannot realise its full potential without stronger economic bond, Chief Economic Adviser Arvind Subramanian has said.
The ECB should continue to provide ample stimulus but some nations in the emerging part of Europe will have to normalise monetary policy quicker, Poul Thomsen said.
The biggest danger from the U.S.-China trade dispute is the threat to global confidence and investment, IMF Managing Director Christine Lagarde said.
World Bank Prez Jim Yong Kim said that a plan to strengthen the multilateral lender’s capital base does not specify reductions in loans to China or any other countries.
Cautioning that escalation of trade conflicts and financial market volatility, Lagarde said countries should work to promote an open and rules based trade system.
International Monetary Fund chief economist Maurice Obstfeld said there was still time for the US and China to avoid a trade war through multilateral negotiations.
India needs to create 8.1 mn jobs a year to maintain its employment rate, said a World Bank report.
World Bank and its investment arm, IFC, will host global venture capitalists in Goa in June for a roundtable on nurturing the startup ecosystem in the state.
As the govt awaits expression of interest for Air India stake sale, IFC has said it is "watching the process closely and may get involved at a later stage".
AIIB has approved a $140 million loan for enhancing rural connectivity in MP that will benefit around 1.5 million rural residents through improved mobility.
IDEA
Aditya Birla Group May Raise $1 Bn To Repay Regulatory Dues
AB Group To Sell Stake & Promoter Entities Of Co
In Talks With Large PE Funds
Deal Will Let AB Group Maintain Current Shareholding
PE Investors To Get Indirect Stake In Idea
Mint Reports
BAJAJ ELECTRICALS
Bags Orders For Rural-Urban Electrification Project
Project worth Rs 3577.93 Cr
Projects under Saubhagya Yojna
Projects to be completed within 15 months
FORTIS HEALTHCARE
Board Meeting On April 19 To Consider Various Bids Received
FEDERAL-MOGUL GOETZE
CKP Financial Open Offer To Acquire 1.39 Cr Shares Of Co
Offer Represents 25.02% Stake, With Price Of Rs 400/Sh
SOBHA
To make an investment of rs 500 cr in GIFT City
Will develop about 1,000 housing units in GIFT City
Residential footprint rises to 10 cities with investment
@BTVI