The global COVID-19 situation, rollout of vaccines, geopolitical trends, Union Budget and economic recovery would be the major factors driving investor sentiments in 2021 after a tumultuous year which saw both 'the worst of times and the best of times' for the stock market, said analysts. What a year 2020 turned out to be! From witnessing gigantic losses to record-shattering gains, investors went on a roller-coaster ride amid the coronavirus pandemic and massive stimulus measures. Markets closed 2020 with remarkable gains of around 16 per cent, but will the winning ways continue in 2021 as well?
'The threat of ceding space to China in Afghanistan appears to be one factor propelling our government to get a bit more active now.'
The United Nations has projected a growth of 7.9 per cent for India in the current fiscal as it hailed the country along with China for leading developing nations to recovery from the worst economic downturn since World War II.
It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
The Street was following the Karnataka election closely as a test for the Modi-led BJP's prospects in the 2019 Lok Sabha poll. Investors, however, are likely to wait for the next round of state elections to judge whether the momentum is still with it.
Discussing the prospect of more reform earlier this month, telecom minister Ashwini Vaishnaw announced a delay in the 5G spectrum auction. India's telecom sector regulation has to be benchmarked with the global best, he said. It's another matter that many countries have either introduced or are about to roll out 5G services that will enable cutting-edge tech in diverse areas. For India, too, it will mean a lot for healthcare, robotics and unleashing a new chapter in Digital India perhaps.
The government had pegged GDP growth around nine per cent in the Budget for 2011-12.
Cascading effect of rising raw materials will result in inflation, high rates, slow capex
China, the Ukraine crisis and Quad will dominate the discussions, observes Dr Rajaram Panda.
The data gaps are inhibiting sound decisions. We need to know seroprevalence, infection, and vaccination rates. This is required in 200 cities of India, every week, suggests Ajay Shah.
There are various projections about India's growth.
Fitch Solutions on Thursday said the new climate targets announced at the COP26 summit by Prime minister Narendra Modi pose an upside risk to its outlook for renewable growth in the country. With the new targets, it expected to see attempts to alleviate the issues regarding supply chains, manufacturing and project development that have long plagued renewable proliferation.
Amid the debate on withdrawal of the stimulus, including speculation of a possible across-the-board roll back of cuts in excise duty and service tax, the document suggested further reduction in excise for export oriented industries.
Will 2022 be a year of contrasting narratives -- one filled with caution and the other with continued optimism?
'Stick to the known quality names, avoid short term thinking and don't be in a hurry to book profits on your winners.'
Rating agency says the country may lose its investment-grade status on growth concerns; finance ministry begs to differ
The external affairs minister, delivering the Sardar Patel Memorial lecture, also made it clear that any attempt to unilaterally change the status quo of the Line of Actual Control (LAC) is 'unacceptable' to India.
India and the US had on July 17 signed a preliminary agreement for cooperating on emergency crude oil reserves, including the possibility of India storing oil in the US emergency stockpile.
It is imperative that young aspirants consider career options that will guarantee job security -- roles that are centred around technology.
With the stimulus measures primarily comprising cut in indirect taxes, the Survey said there is likely to be a shortfall in tax collections under these heads.
Last year, India was ranked second in global FDI flows after China. While China continues in the top place, the US climbed up to second place this year, thanks to a surge in investments by Chinese and Indian companies, who acquired several sick American firms.
The onus today is on China, but it also requires a little diplomatic finesse from India, backed by a modernised armed force, argues BJP MP Subramanian Swamy in this excerpt from his new book, Himalayan Challenge: India, China And The Quest For Peace.
While China's economy may very well outrace the combined euro zone by the end of this year, India is likely to jump over Japan's economy, according to a latest report by the Organization for Economic Cooperation and Development (OECD).
According to the report 'World in 2050 The BRICs and Beyond: Prospects, challenges and opportunities', the global financial crisis has accelerated the shift of the economic centre of gravity and China is expected to surpass the US to become the largest economy in the world by 2050.
'The crisis has strengthened America's resolve to work towards building its relationship with India as a bulwark against Chinese aggression'
Credit rating agencies have been raising red flag over high debt to GDP ratio of India.
In India, 60 per cent said they think they have the skills needed for their careers
The Finance Ministry expects GDP growth to be 8-8.5 per cent in 2015-16.
Tuesday's was the S&P's worst drop since August 24.
India's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on better consumer demand. The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter of the 2020-21 fiscal (April 2020 to March 2021) as the coronavirus lockdown pummelled economic activity.
Prime Minister Narendra Modi on Tuesday said Australia will not be at the periphery of India's vision but at the centre of its thought, as he called for closer bilateral security cooperation and a comprehensive global strategy to tackle the menace of terrorism.
'You can see that in Chinese behaviour in the Yellow Sea, you can see it in their behaviour towards Taiwan, you can see it in their behaviour towards Hong Kong, you can see it on our border as well.'
'I would not be surprised if there is a spectacular act of Pakistani terrorism in India in 2012 intended to celebrate the triumph over the hyperpower. Of course, the home minister of India will once again mouth the terrifying formula: 'If there is another terrorist attack, we will...'
There is also a lobby within the bureaucracy that wants to see Rajan's influence curtailed
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
Chongqing, a populous economic hub in south-western China, is hoping to become Asia's largest manufacturing base for information technology products.
According to the global financial services firm, FY16 would be a notable year for India with gradual improvement in economic growth and declining inflationary pressures amid falling global commodity prices and policy initiatives.
'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'
Asian business owners continue to be the most confident in the world with India, Philippines, China and Singapore, taking the top four positions in the IBR survey.
The encouraging news, however, is that India features among the top four countries out of 44 nations that projected a positive hiring trend.
