Mumbai/ AFP Indian Finance Minister Arun Jaitley warned on Thursday that growing opposition to globalisation and free trade in Western countries would hurt the world economy, echoing concerns by the IMF and others. Jaitley told a gathering of officials from the BRICS group of emerging nations ahead of a summit this weekend that he was concerned about protectionist movements ...

  Beijing / AFP China’s exports plummeted in September, data showed on Thursday, as anaemic global demand dealt another blow to the world’s second-largest economy, while weak imports fuelled worries about crucial domestic appetite. The figures will come as a disappointment after a recent batch of healthy statistics, and suggest the Asian giant and key driver of the global economy ...

  Mumbai / AFP India’s Tata Consultancy Services reported an 8.8 percent year-on-year rise in quarterly profits on Thursday as strong growth in Europe helped the IT giant override a slump in its domestic market. The firm, based in India’s financial capital Mumbai, said net profit for the three months to September 30 rose to 65.86 billion rupees ($984 million) ...