European leaders' long-delayed admission that a break-up of their cherished common currency was a distinct possibility is overshadowing a two-day meeting of the world's largest and fastest growing

Prime Minister Manmohan Singh on Wednesday expected the Summit of world's 20 leading economies (G20) to signal a 'strong and coordinated approach' to put the global economy back on track, while addr

The giant emerging economies of Asia and Latin America could stake a historic claim to global economic power if they arrive at the G20 summit in Cannes with offers of aid for hobbled Europe.

Last we

The world's leading economies pressed Europe on Saturday to act decisively within eight days to resolve the euro zone's sovereign debt crisis which is endangering the world economy.

In unusually dire

Proposals to double the size of the IMF as part of a broader international response to Europe's debt crisis ran into resistance from the United States and others, burying the idea for now and putting

Amid fears of double-dip recession, Indian Finance Minister Pranab Mukherjee on Friday called for concerted action by G-20 nations to provide impetus to the world economy and deal with the related

Finance Minister Pranab Mukherjee will press for automatic sharing of banking and tax-related information among nations to check the menace of black money and terror funding at the two-day G-20 mee

The Group of 20 major economies have vowed to mount a powerful response to the rising challenges facing the world economy as it reels from a debt crisis in the eurozone.

The pledge, made in an unexpe

Seven of the world's largest economies including India would face a new surveillance system aimed at highlighting and rectifying flaws before they imperil growth under a deal agreed by Group of 20 fin

Paris: Facing flak at home over black money stashed abroad, India will press for transparency in the functioning of tax havens at the G20 Finance Ministers meeting here today to unearth 'ill-gotten'