Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the United States should at least keep the world economy moving in the right direction.

The world economy is at a ‘very dangerous juncture’, IMF chief Christine Lagarde said on Tuesday referring to the potential impact on poorer nations during her first visit to Africa as head of the fun

The government on Tuesday said the current fiscal may end with inflation of around 7 per cent, driven by moderation in demand side pressures and record foodgrain production this year.

This is due to

The probability of a global recession is low, even though the US is growing slowly and Europe is experiencing negative growth, RBI Governor D Subbarao said on Friday

"The probability of a global r

Finance Minister Pranab Mukherjee on Friday said surging food and fuel prices amid weak global economic growth are adversely impacting GDP growth of India.

"Business sentiments are down. Food inflat

Britain's trade-in-goods deficit shrank in October as exports hit a record amount, official data showed on Friday.

The deficit fell to £7.6 billion ($11.9 billion) compared with a revised shortfall o

The United Nations has warned that the world is on the brink of another recession, projecting that global economic growth will slow down further in 2012 and even emerging powerhouses like India and Ch

China has admitted that its exports are under pressure due to the economic crisis in the EU and the US and is not optimistic about an immediate recovery of markets.

Primarily responsible for helping

The International Monetary Fund on Friday warned that advanced economies could fall back into recession unless policy-makers move with greater urgency to agree on policies to boost growth.

In a note

The Eurozone crisis has begun biting Indian exports which grew year-on-year by 10.8 per cent to $19.9 billion in October, the lowest in the last two years, according to preliminary data released today