So which sectors are likely to do well in 2022? Should you focus on domestic economy-related sectors or export-oriented ones?
China will lead Asia-Pacific sovereigns in economic growth in 2008, followed by India, Standard & Poor's Ratings Services said. Though Japan is still the largest economy in the region, China' growth could position the country as the biggest economy in Asia-Pacific and the second-largest globally within the next five years.
India has the ability in all respects to be a great power and address our security challenges in the best national interests, says Commodore Venugopal Menon (retd).
Betting on the growing demand for hospitality services in Asia Pacific, especially in India and China, global real estate services firm Cushman & Wakefield has acquired two hotel consultancies to launch Cushman & Wakefield Hospitality, Asia Pacific.
As regards India, FIIs have pumped in over Rs 34,400 crore in the Indian stocks in calendar year 2021.
People are interested in the strength of India's economy, the country's stability, and the opportunities, says Stuart Tait, regional head of commercial banking, Asia-Pacific at HSBC.
The rating agency said, rising COVID-19 cases in India will keep private spending and investment lower for longer.
Taking inflation into account, China and Vietnam at 4.9 per cent lead the way, while Japan at 0.5 per cent and India at 2 per cent are among countries offering the smallest raises.
India is key part of efforts of US President Barack Obama's administration to rebalance its Asia-Pacific posture to the broader security and prosperity of the 21st century, a top Pentagon official said adding India-US relationship is global in scope.
Gender is the main focus of the diversity efforts of companies in India, said a survey by HR consulting firm Mercer. According to Mercer's Asia Pacific Diversity & Inclusion, over 90 per cent of the participants surveyed list gender as the main focus of their diversity efforts in India.
Information technology, consulting and business process services company, Wipro on Thursday announced that it has signed an agreement to acquire Ampion, an Australia-based provider of cyber security, DevOps and quality engineering services. "Ampion has a successful track record and enjoys immense credibility with leading enterprises in the region, a collaborative work culture, and significant local subject matter expertise. "We see Ampion as a complementary force that will help us expand our footprint and accelerate our journey in the Asia Pacific region," CEO APMEA, Wipro, N S Bala said. Wipro's new operating model emphasises strategic investments in focus geographies, proximity to customers, agility, scale and localisation, the Bengaluru-headquartered company said in a statement.
Treating India as the most important market after China in Asia Pacific, Starwood Hotels & Resorts is targeting at doubling its property from the current 19 over the next five years.
Overall financial wealth of high net worth individuals fell across all regions in 2011.
Indian companies continue to update benefit plans and and increase employee communication.
'Overtightening of monetary policy by central banks and the spread of new Covid variants, which may force governments to restart lockdowns or restrict mobility.'
After being at the helm of Google India and Google Asia Pacific for over seven years, Shailesh Rao is now been roped in by micro-blogging service provider, Twitter.
Dressed in her Diwali best, the actor looks lovely on her latest cover.
As per the results of the annual QS Global 200 Business Schools Report Indian Institute of Management-Ahmebadad has been ranked second next to INSEAD, Singapore in the Asia Pacific region. Read on.
Amid growing uneasiness in the United States over the rise of Chinese military power, Washington asserted that its interest in the Asia-Pacific region is not targeted towards any specific country, but towards the general peace and security of the region.
The US will deploy an additional Army combat force of 800 soldiers to South Korea with tanks and armoured troop carrier as part of its ongoing rebalancing efforts within Asia-Pacific region.
The Asia Society's Asia 21 Young Leaders Summit, an event that brings together enterprising, young and under-40 achievers from across the Asia-Pacific region, is being hosted by New Delhi for the first time. The three-day event ends on November 20.
Ratings agency Standard & Poor's on Monday cautioned that it could lower the sovereign ratings of countries like India, Japan and Malaysia, which 'are still to come out of the economic meltdown of 2008'.
Shell's major projects in the region include the deep-water Gumusut field in Malaysia and the Shell Eastern Petrochemicals project in Singapore.
New Delhi's candidature was unanimously endorsed by the 55-member Asia-Pacific grouping, including China and Pakistan, in June last year.
The 14th Annual Meeting of the Asia Pacific Group on Money Laundering and Annual Technical Assistance Forum concluded in Kochi on Friday with a resolve to strengthen efforts in this direction.
We will utilise India as a creative resource for all our offices around the world, says Chuck Brymer, President and CEO, DDB Worldwide.
The Centre could better its fiscal deficit at 6.6 per cent of GDP in this financial year on stronger-than-expected revenue buoyancy, even if the budgeted disinvestment target is not met, Fitch Ratings has said. The international rating agency had last week kept the sovereign rating unchanged at 'BBB-' with a negative outlook, and said that the risks to India's medium-term growth outlook are narrowing with rapid economic recovery from the pandemic and easing financial sector pressures. In an email interview with PTI, Fitch Ratings Director (Asia-Pacific Sovereigns) Jeremy Zook said the two key positive triggers that could lead to a revision of the outlook to stable are implementation of a credible medium-term fiscal strategy to lower debt burden and higher medium-term investment and growth rates without the creation of macroeconomic imbalances, such as from successful structural reform implementation and a healthier financial sector.
After several years of downgrades to the country's medium-term growth outlook, the estimates are likely to be upgraded now, Credit Suisse said in a report. The country's economy is showing signs of bottoming out, it said. According to the report, the consensus forecasts of GDP growth for FY2022 over FY2020 stopped falling after October 2020 (currently at (-) 1 per cent). Analysts at Credit Suisse expect these estimates to be revised upwards.
With India leading the small SUV market and attracting majority of investments from Ford Motor Company, the country is set to become a hub for the US automobile major, a top official said.
The Bombay Stock Exchange benchmark Sensex has declined 17 per cent in this calendar year and has underperformed the US and European markets.
Across all industries in India, almost 87 per cent of respondents plan to allocate a larger portion of their budget to high performers
India, which accounts for the third largest online userbase globally after China and the US, has had the lowest Internet penetration growth in Asia Pacific (APAC) at 17.4 per cent so far this year, research firm eMarketer said in a report.
Like software-as-a-service (SaaS), CaaS has emerged as a well-orchestrated ecosystem for cybercriminals.
Having known Vice Admiral Hari Kumar personally and professionally, Commodore Venugopal Menon (retd) wishedshim a fantastic tenure as Chief of the Naval Staff. Under his command may the Indian Navy grow in all dimensions as the nation strive to establish itself as a credible sea power in future.
Cadbury Schweppes Asia Pacific on Monday announced the appointment of Anand Kripalu as managing director of Cadbury India.
India's Generation X and Y are most willing to take risks as compared to their counterparts in emerging Asia, says a recent survey. Read on to find out more.
The 37 year old former beauty queen turned showstopper for Kolkata based designer Ruceru.
Cisco Systems has appointed Owen Chan as senior vice president, Asia Pacific operations. Chan will be based in Hong Kong and report to Richard Justice, Cisco's senior vice president of Worldwide Field Operations.
Oracle wants to dislodge SAP from pole position in the enterprise applications market in Asia Pacific and says it has plans to execute a four-pronged strategy to achieve the objective.\n\n
London hopes to convince New Delhi's naval planners to power India's second indigenous aircraft carrier with the Queen Elizabeth's integrated all-electric propulsion system.
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