Global inflation will remain high for years, economists tell IfoGlobal inflation is anticipated to stay elevated until at least 2028, with an average rate of 3.5% in three years according to a survey by ...
14 Jan, 2025, 04.41 PM IST
Germany's economy shrank, and it's facing a spending crisis that's spreading more gloomGermany's economy has seen a 0.1% shrink in the July-to-September quarter due to inflation, according to the country's statistics office. T...
24 Nov, 2023, 10.13 PM IST
Prior approval must before accepting awards from private organisations: Centre to IAS, IPS officersIn a latest order, the Personnel Ministry said the competent authority may grant approval, only in exceptional circumstances, to the office...
23 Jun, 2023, 10.30 PM IST
'German recession to be worse than expected'The German economy will contract more than previously expected this year as sticky inflation takes its toll on private consumption, the Ifo...
22 Jun, 2023, 12.33 AM IST
Recession clouds gather in Germany, Europe's largest economyThe index compiled by the Munich-based Ifo institute dropped to 84.3 in September from 88.5 in August, to its lowest level since the global...
29 Sep, 2022, 03.25 PM IST
Dollar steadies as eyes turn to U.S. inflation dataU.S. inflation data is due at 1230 GMT and the consensus is for the core inflation rate last month to have risen 0.3% month-on-month, the s...
13 Sep, 2022, 07.27 AM IST
European stocks inch up as travel shares offset weak German business sentiment dataThe region-wide STOXX 600 index rose 0.1% after a record close on Wall Street. The European benchmark itself was just less than a percent a...
25 Aug, 2021, 02.47 PM IST
German business morale rebounds in May as corona restrictions are easedThe Ifo institute said its May survey showed that its business climate index rose to 79.5 from a downwardly revised 74.2 in April. A Reuter...
25 May, 2020, 05.35 PM IST
Government ties up with UK-based IFoA to launch course in actuariesIt is keeping in view the huge demand of specialised actuaries the country may have in future, post hike in FDI to 49% from 26% in the insu...
17 Feb, 2015, 12.27 PM IST
Nickel hits near seven-month low amid concern of a stalled demand growth in China and EuropeNickel fell to the lowest since March in London amid lingering concern that demand growth may stall in China and in Europe as economies wea...
28 Oct, 2014, 04.16 AM IST
German business confidence on shaky groundThe Ifo institute in Munich said its business climate index, based on a survey of 7,000 executives, dropped to 102.3 from 103.2 in July. Th...
28 Aug, 2012, 02.02 AM IST
- Oil rises from 7-month low on China growth assurance
Oil rebounded after closing below $90 a barrel for the first time in seven months amid signs China will accelerate efforts to spur growth.
25 May, 2012, 04.59 AM IST
- Fin crisis sends German business confidence tumbling
German business confidence plunged to its lowest level in more than five years in October as the world financial crisis triggered panic sel...
27 Oct, 2008, 06.58 PM IST
- Biggest European economy in a serious slump, Ifo survey shows
Europe's biggest economy has seriously hit the skids, a key survey showed, leading analysts to forecast a German recession well into next y...
27 Oct, 2008, 05.41 PM IST
- Dollar jumps to six-month high against euro
The European single currency slumped under 1.46 dollars on Tuesday after the release of downbeat consumer confidence and business sentiment...
26 Aug, 2008, 05.21 PM IST
- German business sentiment plunges to 34-month low in July
German business sentiment plunged to a 34-month low point in July, a key index showed, underscoring that high oil prices and a strong euro ...
24 Jul, 2008, 03.42 PM IST
- German economy loses steam
Most analysts said the Eurozone's biggest economy Germany had clearly hit the brakes, according to a survey.
26 Sep, 2007, 02.05 AM IST