GLOBAL ECONOMIC PROJECTIONS
My aim is to make Mumbai global fintech capital, says PM Modi as he launches Rs 29,000 crore infrastructure projects Prime Minister Narendra Modi has launched a Rs 29,000 crore investment drive in Mumbai, focusing on crucial infrastructure projects in roads, railways, and ports. This aims to elevate Maharashtra as a global financial powerhouse, with Mumbai set to ...
13 Jul, 2024, 07.51 PM ISTPharma sector: Turnaround for good, 6 small and mid cap pharma stocks with upside potential of up to 32% While it might not have been making it headline, the pharmaceutical sector or commonly called as pharma has come through a tough period due to US FDA and other factors. It has been witnessing a turnaround of sorts which has been slow but more compan...
12 Jul, 2024, 01.51 PM ISTUnion Budget 2024-25: Extension of concessional tax regime for India’s manufacturing sector BUDGET EXPECTATIONS: India's upcoming Union Budget for FY 2024-25 is anticipated to extend the 15% concessional tax rate for new manufacturing companies, boosting investor confidence in the sector. This measure aligns with India's "Make in India" in...
11 Jul, 2024, 05.10 PM IST- ADVERTISEMENT
How India can leverage its cultural riches to stimulate its economy India's cultural heritage is being recognized as a potential driver for economic growth, with efforts being made to leverage traditional industries and tourism. Government initiatives, like the redevelopment of Ayodhya and Kashi Vishwanath Temple, a...
06 Jul, 2024, 05.14 PM ISTSCO Summit adopts 25 strategic documents in energy, security & trade The 24th SCO summit concluded with the adoption of the Astana Declaration and approval of 25 strategic documents. Member states emphasized the organization's role in global peace and security. Resolutions covered areas such as terrorism, energy coop...
04 Jul, 2024, 07.01 PM ISTBritain’s economy isn’t seeing growth anywhere near India’s 7% GDP rise — this has caused fewer differences between the Conservatives and Labour: Jaideep Prabhu The UK election landscape is marked by economic uncertainties post-Brexit, minimal policy distinctions between parties, and environmental concerns driving voter engagement. Influential figures like Farage, Johnson, and Sunak shape political narrativ...
04 Jul, 2024, 08.57 AM ISTSCO fosters regional stability & multilateral coop: Kazakhstan The SCO Summit in Astana, Kazakhstan, represents a significant event for over 3 billion people. Kazakhstan, as a founding member, prioritizes the SCO's development within its balanced foreign policy. Deputy Foreign Minister Roman Vassilenko emphasiz...
04 Jul, 2024, 06.39 AM ISTHas the global economic environment turned favourable for equities? Global economy's resilience amidst crises led to surprising growth stability and inflation control. Potential trade war threats loom, while equity markets soar to record highs, indicating positive economic outlook.
28 Jun, 2024, 11.13 AM ISTEconomic benefits of investing in WASH for corporates A noteworthy fact in the CSR spends of the past 5 years is the growing emphasis on healthcare, WASH and environment sustainability (JICA Report). This bodes well for achieving India’s net zero goals by 2070.
27 Jun, 2024, 04.12 PM ISTIndia central bank policymakers divided over rate-growth debate Internal members maintain hawkish stance on inflation, with Governor Das cautioning against hasty actions for fear of worsening the situation
25 Jun, 2024, 08.02 AM IST"We should expand our horizon": Bangladesh PM's adviser on economic cooperation with India Bangladesh Prime Minister Sheikh Hasina's Private Industry and Investment Adviser, Salman F Rehman, emphasized expanding economic cooperation with India to strengthen bilateral ties. During Hasina's two-day state visit to India, Rehman highlighted i...
22 Jun, 2024, 02.37 PM ISTRussian economy has withstood what even China could not have achieved: Prof. Alexander Dynkin Prof. Alexander Dynkin discussed the significance of the Primakov Readings International Forum and the role of BRICS in shaping global economic trends. He emphasized India's pivotal role in BRICS and highlighted the growth potential in Russia-India ...
19 Jun, 2024, 11.22 PM ISTAsian earnings growth to outpace US and Europe, India's growth momentum strong: Report The analysis by CLSA, citing Bloomberg's projections, forecasts that Asian earnings growth will surpass that of the US and Europe for both this year and the next. This positive outlook is in line with the Reserve Bank of India's (RBI) prediction of ...
08 Jun, 2024, 11.30 AM ISTA 1°C rise in global temperature causes a 12% decline in world GDP: Adrien Bilal Adrien Bilal discusses the macroeconomic impacts of global temperature rises in the Anthropocene with Srijana Mitra Das at Harvard University.
06 Jun, 2024, 10.10 PM ISTNew govt to inherit strong economy, focus on making India developed nation by 2047 India's record-breaking economic growth rate and strong tax revenues provide a foundation for future reforms aimed at transforming the country into a developed nation by 2047. The new government must address challenges such as unemployment and rural...
04 Jun, 2024, 04.45 PM ISTMoody's projects 6.8 per cent GDP expansion in 2024 on strong growth, post-election policy continuity Moody's Ratings projected India's growth at 6.8% in 2024, followed by 6.5% in 2025. The prediction was driven by economic expansion and post-election policy continuity. The real GDP grew by 7.7% in 2023, with strong government spending and manufactu...
31 May, 2024, 05.36 PM ISTIndia seen to emerge as an economic superpower in impending problem-ridden global financial landscape Global recession risks have diminished, but inflation concerns threaten financial stability. The IMF, World Bank, and rating agencies forecast a slowdown in global growth, citing Middle East conflicts, financial stress, persistent inflation, and red...
25 May, 2024, 09.46 PM ISTIndia eyes more Chabahar-like pacts: Ports Minister Sarbananda Sonowal Sarbananda Sonowal, Union Minister of Ports, Shipping, and Waterways, stated that India aims to replicate the Chabahar port model in other strategic locations in the region to acquire additional assets. In an interview with ET, he emphasized that In...
17 May, 2024, 05.30 AM ISTCharting the global economy: European growth exceeds projections Euro zone and US show mixed economic signals. Euro zone exits recession with strong GDP growth, while US faces moderating labour demand. Global economy sees fluctuations in factory output and industrial growth amid inflation concerns.
05 May, 2024, 10.39 AM ISTDeloitte projects India's FY25 GDP growth at 6.6% Deloitte India predicts India's GDP growth at 6.6% in the current fiscal, citing factors like consumption, exports, and capital inflows. The middle-income class's rise boosts purchasing power, spurring demand for luxury goods. Concerns over inflatio...
26 Apr, 2024, 11.19 AM IST