Unless the economy improves, China’s GDP could see a drop of 3% : IMF

Unless the economy improves, China’s GDP could see a drop of 3% : IMF

Beijing :Increasing debt, high dependence on government policies and financial aids, over-capacity production in the industrial sector are some of the factors that may have a negative impact on China’s economy; according to International Monetary Fund (IMF) report. IMF has indicated that if suitable economic developments are not done, China’s GDP could see a drop […]

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India has overcome adverse impact of Brexit: Finance Minister Jaitley

India has overcome adverse impact of Brexit: Finance Minister Jaitley

New Delhi (PTI) : Indian Finance Minister Arun Jaitley has said that overcoming the adverse impacts on the world economy post ‘Brexit’, India has proved its economical capacity. Finance Minister further expressed his trust in the Indian economy saying that at the global level India has come forward as the safest place to invest. Addressing the Lok Sabha Finance Minister Jaitley assured the House that RBI and SEBI, the regulatory authorities of the Indian banking sector and the stock market are taking proper precautions to keep the investments in India safe in the happenings post ‘Brexit’ and are constantly keeping an eye on the global […]

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Gold at 2-year record high

Gold at 2-year record high

On Wednesday 6th July gold hit its highest in more than two years, by virtue of uncertainty, drop in stock markets and slide in some bond yields to record lows after Britain’s vote to leave the European Union (Brexit). Post the rise, gold rates having reached to $ 1367.104 per troy ounce (31.10 g) is […]

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After Brexit, will London lose its ‘Global Financial Hub’ status?

After Brexit, will London lose its ‘Global Financial Hub’ status?

London, dated 1st July (Press)- London, famously known as the Financial Hub globally and in Europe markets, would possibly lose the status post the Brexit results. Post Brexit many companies are moving their offices outside the UK. Germany, France and Ireland are putting in efforts to attract the companies planning to exit the UK. Financial […]

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Mixed reactions to ‘Brexit’ at international level

Mixed reactions to ‘Brexit’ at international level

Washington/ Moscow. Date 25 (News Agency) – Mixed and cautious reactions have been emerging on the international level following ‘Brexit’. While America has expressed to continue the special relationship between the United States and the United Kingdom, Russia has blamed British leadership’s intimidating and superficial policies for ‘Brexit’. Japan informed of plans to deal with […]

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