Trade war cost: China’s third-quarter GDP growth seen hitting lowest since 2009

At week’s end, global investors and policy makers will likely be given a stark reminder of the costs of a bitter Sino-U.S. trade war, with a Reuters poll predicting that China’s third-quarter growth will slow to its weakest pace since the global financial crisis. Domestic demand has been faltering in recent months as U.S. President
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NEW DELHI: The Major Ports in India have recorded a growth of 5.12% and together handled 343.26 Million Tonnes of cargo during the period April to September, 2018 as against 326.54 Million Tonnes handled during the corresponding period of previous year. For the period from April ‘17- September 2018, Nine Ports (Kolkata (incl.Haldia), Paradip, Visakhapatnam,
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Crude Oil Price Movements In September, the OPEC Reference Basket increased sharply by almost 7%, or $4.92 m-o-m, to average $77.18/b the highest since October 2014. Crude oil futures prices also increased for the month, mainly supported by geo-political tension, growing concerns over a shortage in global oil supply and low US oil inventories, particularly
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The Major Ports have recorded a growth of 5.12 per cent and together handled 343.26 million tonnes of cargo during the period April to September 2018 as against 326.54 million tonnes during the corresponding period of the previous year. For the period from April 2017- September 2018, nine ports [Kolkata (incl. Haldia), Paradip, Visakhapatnam, Kamarajar,
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GENEVA: Global growth has plateaued at 3.7 per cent, the International Monetary Fund (IMF) said recently, with its Chief Economist warning the world that there are clouds on the horizon and growth has proven to be less balanced than hoped. “Last April, the world economy’s broad-based momentum led us to project a 3.9 per cent
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KOLKATA: South Eastern Railway has earned Rs 6007.17 crore during the first half of the current financial year from originating freight traffic, an SER spokesman said recently. The amount earned from April to September of 2018-19 by the SER is Rs 348.59 crore more than the corresponding period of last financial year, thus registering a
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If oil prices head above $100 a barrel, it could shave 0.2 percentage points from global economic growth next year — but this hinges crucially on the dollar, according to Bank of America Merrill Lynch. Sanctions on Iran, shale bottlenecks, Venezuelan turmoil and increased demand pose an upside risk to prices, the bank said in
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The International Monetary Fund (IMF) has projected that India will grow at a rate of 7.3 per cent in the current year and 7.4 per cent in 2019, up from the 6.7 per cent growth rate recorded in 2017. If the projections come to fruition, India will once again become the fastest growing major economy
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GENEVA: Growth in India is firming up and projected to accelerate to 7.3 per cent in the 2018-19 fiscal and 7.5 per cent in the next two years, the World Bank said. The global lender said that the Indian economy appears to have recovered from the temporary disruptions caused by demonetisation and the introduction of
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NEW DELHI: Prime Minister Narendra Modi recently said India has emerged as the best destination for investment in the world. At the inauguration of an event Investors Summit here, the Prime Minister said more than 10,000 measures had been taken by the Centre and the State Governments to make the environment conducive for investments. Skirting
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