The Omicron variant of Covid-19 adds new uncertainties to the global economic outlook but much will depend on its speed of transmission, hospitalisation and death rates, and also the effectiveness of vaccines, Moody's Analytics said on Monday. In its commentary titled 'Much to Learn About Omicronast', Moody's Analytics said although the variant appears to spread "remarkably quickly", it will be at least two more weeks before more will be known about this new variant. "The Omicron variant of COVID-19 adds new measures of uncertainty to the outlook for the global economy, although it is too soon to adequately quantify that risk.
Indian cities have slipped to the bottom of the investment destinations list.
Like puddles all around in the rainy season, we now have smartphones with five-inch screens for almost everyone.
El Nino is often associated with below average warmer, dry weather across Asia Pacific region.
The report estimates that direct commercial real estate transactional market will exceed $1 trillion per annum by 2030, compared with nearly $450 billion in 2012.
The report estimates that direct commercial real estate transactional market will exceed $1 trillion per annum by 2030, compared with nearly $450 billion in 2012.
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
Once average inflation for India of 5.7 per cent is taken into account, the projected increase in real terms for 2017 will be 4.3 per cent
"Relevant countries should abandon the obsolete Cold War mentality and narrow-minded geopolitical rivalry concept and view correctly and respect people's aspiration in the region and do more things conducive to regional solidarity and cooperation," Chinese foreign ministry spokesman Zhao Lijian said.
India's star boxer Vijender Singh does not want to carry the baggage of last year's maiden defeat on the professional circuit as he returns to the ring.
China, which has territorial disputes with many countries in the strategic Indo-Pacific region, has been opposing the Quad alliance since its formation.
According to a report by global deal tracking firm mergermarket, M&A activity in the Asia-Pacific region as a whole dropped to $72.9 billion, a decline of 26.1 per cent by value from first quarter of 2012 ($98.6 billion).
When SAP, the Germany headquartered software solutions provider, reported a stellar fourth quarter numbers on Thursday, Asia-Pacific and Japan was the cherry on the icing with a growth of 22 per cent.
From Belarus to Bangladesh, authorities in 29 countries shut down or interfered with the internet at least 155 times in 2020.
'Recent underperformance notwithstanding, equities should constitute a major part of investors' financial portfolio.'
Goldman includes Bajaj Auto Ltd and Tata Steel Ltd in its Asia-Pacific growth recovery group of stocks.
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.
IndusInd Bank was the top laggard in the Sensex pack, shedding around 3 per cent, followed by ICICI Bank, Titan, Infosys, HDFC Bank, Nestle India, Sun Pharma and Reliance Industries. The broader NSE Nifty slipped 41.20 points or 0.35 per cent to 11,896.45.
India has overtaken the United States (US) to become the second-most sought-after manufacturing destination globally, driven mainly by cost competitiveness, according to real estate consultant Cushman & Wakefield. China remains at number one position, the consultant said in its 2021 Global Manufacturing Risk Index, which assessed the most advantageous locations for global manufacturing among 47 countries in Europe, the Americas and Asia-Pacific (APAC). "India takes the second spot after China as the most sought-after manufacturing destination globally," Cushman and Wakefield said in a statement. The US is at third position, followed by Canada, Czech Republic, Indonesia, Lithuania, Thailand, Malaysia and Poland. In last year's report, the US was at second position while India ranked third.
The Modi government has been put on notice.'Will it buckle under such pressure? These are times when the moral fibre of the leadership makes all the difference, observes Ambassador M K Bhadrakumar.
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.
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.
After Chanda and Deepak Kochchar, the Kudvas are the second power couple in the financial world to come under the regulatory glare.
Vinay Umarji
Ajay Banga, one of the topmost Indian-American corporate leaders, and a strong advocate of India-US relationship, would retire from Mastercard at the end of the year, the global credit card company has said.
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.
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.
Overall financial wealth of high net worth individuals fell across all regions in 2011.
One in four people surveyed by Knight Frank said they were more likely to move in the next 12 months as a result of the Covid-19 pandemic.
The hotels in the pipeline will include a range of Marriott brand portfolios such as JW Marriott, Tribute Portfolio and Sheraton.
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.
Indian companies continue to update benefit plans and and increase employee communication.
While banks are not as exposed as the corporate sector during the initial stage of the pandemic, the strain on lenders could ultimately be profound. Banks face a second-order hit compared with the corporate and household sectors.
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.
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 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.
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.
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'.
