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Latest Articles in economy

Bankers Meet With Trump, Say Prepared To Help Economy

Bank of America, Goldman Sachs, Citi, JPMorgan Chase and others said banks are in good shape, there is no financial crisis and bankers want to provide liquidity.

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The Economic Remedies For The Coronavirus

The Reserve Bank of India (RBI) plans to infuse fresh cash liquidity into the system through a second round of long-term repo operations (LTRO), government.

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India Inflation Likely Fell To A Three-Month Low In February

Inflation eased to 6.80%, significantly lower than January's 7.59%, according to the March 4-6 poll of more than 40 economists.

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Japan's Economy Shrinks Faster Than Estimated As Virus Compounds Recession Risk

Japan's economy is already in recession and there are emerging signals that the worst has yet to come," said Mizuho Securities senior market economist Toru Suehiro.

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China Jan-Feb Dollar-Denominated Exports Tumble 17.2%, Imports Down 4%

China posted a trade deficit of $7.09 billion in the first two months of the year, compared with the poll's forecast for a $24.6-billion surplus, and a reversal of December's surplus of $47.21 billion.

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Our Policies Are Clear, Fundamentals Strong : Prime Minister Narendra Modi

Whether economic or social, today the country is going through a big phase of change. In the last few years, India has become a stronger part of the global economic system.

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The Economic Remedies For The Coronavirus

Reserve Bank of India (RBI) plans to infuse fresh cash liquidity into the system through a second round of long-term repo operations (LTRO), government officials told Reuters, amid fears that the coronavirus outbreak will derail any revival of economic growth.

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Coronavirus Crisis Threatens To Silence Japan's Tourist Boom

About 9.5 million of Japan's foreign visitors last year were Chinese, a number that has risen more than six-fold over the past seven years.

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Coronavirus Could Cut Global Growth By 0.1% To 0.4%, ADB Says

The outbreak could slash global gross domestic product by 0.1 to 0.4%, with financial losses forecast to reach between $77 billion and $347 billion, the Manila-based lender said.

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China Jan-Feb Exports, Imports Seen Slumping As Coronavirus Hits Output, Supply Chains

Imports likely skidded 15% from a year earlier in the same period, the biggest contraction since January 2016 and a sharp contrast from the 16.5% growth posted in December.

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The Impact Of Coronavirus Pandemic On Indian Economy

The struggling Indian economy with the rise of unemployment, rising interest rates and fiscal deficit affected further by the anti CAA protests could be severely affected.

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IMF To Revise Global Growth Forecast After Coronavirus Strain

The IMF is looking at all the data available and hopes to have a more concrete outlook of the ultimate impact when it publishes the next World Economic Outlook report in April.

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India's GDP Seen Growing At 4.7% In December Quarter, With Virus Impact To Come

Gross domestic product data due to be released on Friday will cover up to the end of last year, before the epidemic in China had sparked fears of a pandemic.

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India Set To Rank Among Top 3 Economies In World: Mukesh Ambani

Ambani said India's journey from a 300 billion dollar economy in 1992 to three trillion dollars was due to the rise of tech companies.

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Mastercard To Add 1,500 Technology Jobs In Ireland

The U.S. credit card issuer has had a presence in Dublin since 2008 and set up its research and development arm, Mastercard Labs, there eight years ago.

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