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 ... Czytaj więcej
The US Senate has already confirmed the appointment of billionaire Wilbur Ross as US Commerce... Czytaj więcej
In the upcoming week, the passive investment funds are expected to rise to $2 billion from... Czytaj więcej
The economy of Argentina beefed up by 1.6% during the month of December compared with last month... Czytaj więcej
The Dow Jones Industrial Average Index (DJIA) has recently recorded another all-time high for the... Czytaj więcej
The economy of India is projected to fell nearly three-year low for the last three months of the... Czytaj więcej
The greenback declined versus other major currencies on Thursday because of the absence of... Czytaj więcej
Contrary to the general market sentiment, the FOMC is not so keen on raising interest rates this... Czytaj więcej
Business investments in Australia dropped for the fourth straight quarter as miners lessened while... Czytaj więcej
A couple of years later the negative growth in the economy of Venezuela continues which brought... Czytaj więcej
Financial authorities in China have allocated billion of dollars in tax downsizing and penury aid... Czytaj więcej
The sovereign states, Britain and Singapore held yesterday the renewal of their bilateral ties... Czytaj więcej
Donald Tsang, the ex-chief executive of Hong Kong, has just been charged with grave misconduct... Czytaj więcej
Brazil lowered its inflation rate less than 5 percent halfway February for the first time since... Czytaj więcej
Policymakers in the UK are pressuring UK PM Theresa May to increase transparency with regards to... Czytaj więcej
Crude oil prices stayed in the holding pattern as it awaits for a much clearer data regarding the... Czytaj więcej
Emergings markets are attracting more investors to invest in infrastructures hoping for higher... Czytaj więcej
Greek people have withdrawn money from their accounts which exceed to £2billion as they fear the ... Czytaj więcej
European stocks finally ended its rallying streak and dropped significantly for the first time in... Czytaj więcej
Thailand’s economy recorded its slowest growth rate in over a year during the previous quarter as t... Czytaj więcej
Based on the Family Spending Survey led by the Office for National Statistics (ONS), the households... Czytaj więcej
Singapore’s economy advanced at a quicker rate in the past three months of 2016 which is more than e... Czytaj więcej
The Bank of England re-evaluated its proposal to revise the lending rate benchmark for interbank... Czytaj więcej
Kazakhstan intends to provide 2.1 trillion-tenge ($6.5 billion) worth of government budget in... Czytaj więcej
The US dollar was able to reverse its losses and reach its highest value for this month as Fed... Czytaj więcej
The central bank of Japan intends to end its massive stimulus program by slowing asset purchases... Czytaj więcej
The economy of Italy gained 0.2 percent growth during Q4 in 2016, this result was relatively lower... Czytaj więcej
The USD lost its strength against other major currencies prior to the testimony of Fed chair Janet... Czytaj więcej
The European Commission (EC) projected that the British economy will have a large decline for the... Czytaj więcej
Japanese stocks dropped and shifted the market’s focus from a global rally after US benchmarks r... Czytaj więcej
Producer price inflation in China has reached figures higher than expected bringing the price close... Czytaj więcej