India is just days away from the Indian Budget 2020 where the Modi government will present its fiscal road map. This budget is the most anticipated because of the 'Global Economic Slowdown', the expectations are high but the choices are limited. WION spoke to an expert, American Businessman and investor, James Roger on this topic. Watch video:

What will Indian Budget 2020 be like?

Union Home Minister Amit Shah on Friday said that the country is witnessing the "temporary effects of a global slowdown" and that Finance Minister Nirmala Sitharaman and her deputy are working day and night to fight it.

India is witnessing temporary effects of global slowdown: Amit Shah 

Five interest rate cuts since the start of the year hasn't stopped India's economy from slowing to its weakest growth rate since 2013, but the Reserve Bank of India is expected to make its sixth cut on Thursday to give what little relief it can.

RBI likely to slash interest rates for 6th time on December 5 to support growth

China's factory activity showed surprising signs of improvement in November, with growth picking up to a near three-year high, a private sector survey showed on Monday, reinforcing upbeat government data released over the weekend.

China's factory activity surprises with fastest expansion in three years

Brexit pressures and political uncertainty have prompted the Confederation of British Industry and a manufacturing trade body, Make UK, to downgrade their growth forecasts for next year.

Brexit, weak global demand to hurt UK in 2020, industry warns

Australian employment suffered its sharpest fall in three years last month, data showed on Thursday, underlining the need for urgent stimulus to revive economic activity and wages.

Australian jobs suffer biggest drop in three years

The German economy escaped a recession in the third quarter as consumers, state spending and construction drove a 0.1 per cent quarterly expansion, defying expectations of another contraction in Europe's largest economy, preliminary data showed on Thursday.

'Suffering' German economy dodges recession in third quarter

India's power demand fell 13.2 per cent in October from a year ago, posting its steepest monthly decline in over 12 years, government data showed, reflecting a deepening growth slowdown in Asia's third-largest economy.

India's electricity demand falls at fastest pace in at least 12 years

China's exports suffered their third month of decline in October, and while the drop was less than expected there were warnings Friday of more pain to come as the US trade war rumbles on.

China export drop beats forecasts in October but more pain tipped

World food prices rose for the first time in five months in October, boosted by jumps in quotations for sugar and cereals, the United Nations food agency said on Thursday.

World food prices rise for first time in five months: United Nations Food Agency

India's gold demand is expected to fall to its lowest level in three years in 2019, the World Gold Council (WGC) said on Tuesday, as domestic prices climb to a record against a backdrop of falling earnings in rural areas, a key source of custom for the precious metal.

India gold demand to hit three-year low as prices surge to record: World Gold Council

India's 2019-20 sugar production should fall to 26.9 million tonnes, 1.3 million tonnes below an August projection, due to unfavourable weather conditions, broker and analyst INTL FCStone said on Thursday.

India's sugar output seen falling, global deficit rises: FCStone

Oil prices edged up on Friday after a difficult week but were still headed for losses of about 4 per cent, hit by a combination of rising global supply and uncertain future demand.

Oil prices edge up, but set for big weekly loss on rising output, trade woes

Two- and three-wheeler manufacturer Bajaj Auto on Friday said that it sold 4.63 lakh vehicles in October, down 9 per cent in the year-ago period. In October 2018, it had sold 5.

Bajaj Auto reports 9% fall in vehicle sales during October

Samsung Electronics, the world's largest smartphone and memory chip maker, saw net profits slump by more than half in the third quarter, it said Thursday, hit by an enduring downturn in the global chip market.

Samsung Electronics third-quarter net profit slumps 52%

China will closely monitor the US "entity list", which has led to sanctions on a few Chinese tech firms, and take measures to safeguard its rights and interests, the Ministry of Industry and Information Technology (MIIT) said.

China will monitor US entities list, further open to foreign investment

Hong Kong's Cathay Pacific Airways Ltd on Friday lowered its expectations for full-year profit due to "incredibly challenging" conditions in its home market racked by anti-government protests that it expected to persist for the rest of 2019.

Cathay Pacific lowers full-year profit expectations as Hong Kong protests bite

Oil prices were stable on Friday ahead of data that analysts say could show China, the world's largest oil importer, just recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States.

Oil prices steady, all eyes on data seen showing China GDP growth slowdown

India plans to take more steps to boost consumer demand including injecting liquidity through banks and simplifying personal taxes, a top government economic adviser said on Friday, in a bid to raise economic growth from six-year lows.

India to take more steps to boost consumer demand, growth: Chief Economic Adviser

Oil prices eased on Thursday after industry data showed a larger-than-expected build-up in stocks in the United States, although losses were limited by comments by US Treasury Secretary Steven Mnuchin on a US-China trade deal.

Oil prices fall on signs of large United States stock build

Food group Nestle plans to return up to 20 billion Swiss francs to shareholders over the next two years and is making changes to its struggling waters business after organic sales growth dipped to 3.

Nestle revamps waters business as organic growth slows

British shoppers grew more cautious about their spending in the three months to September despite rising wages, official figures showed on Thursday, raising concerns about the health of the economy in the run-up to Brexit.

United Kingdom retail sales growth softens as department stores disappoint

From the pinnacle of the City of London's largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master of the international financial universe no matter what happens with Brexit.

London retains global finance throne amid Brexit chaos

An isolated President Donald Trump arrived Saturday for the G7 summit in Biarritz bearing threats of tariffs against host France and a decision to deepen his trade war with China, despite fears of the US or even global recession.

Isolated Donald Trump descends on G-7, talking trade war