News for 'Global Economic Prospects'

Vaccines: Look to Russia, not US!

Vaccines: Look to Russia, not US!

Rediff.com3 Jun 2021

An alert government in Delhi should have begun government-to-government discussions with Moscow the moment it came to know that Russians were developing a vaccine. That is to say, almost an year's time has been lost, observes Ambassador M K Bhadrakumar.

Can serve as a bridge between India and China, says Nepal PM

Can serve as a bridge between India and China, says Nepal PM

Rediff.com23 Jun 2018

Nepal PM said it maintain close ties with India, China while pursuing independent foreign policy.

'Main risk for emerging markets: Stronger US dollar'

'Main risk for emerging markets: Stronger US dollar'

Rediff.com13 Apr 2017

Indian market probably has more headroom than the US, says Geoff Lewis, senior strategist for Asia, Manulife Asset Management.

S&P upgrades India's outlook

S&P upgrades India's outlook

Rediff.com19 Apr 2006

Global rating agency Standard & Poor's on Wednesday upgraded India's outlook to positive from stable and affirmed the sovereign 'BB+/B' ratings to the country due to improvement in government finances.

'India's divider in chief': PM on Time magazine cover

'India's divider in chief': PM on Time magazine cover

Rediff.com10 May 2019

The article also said that the opposition Congress party has little to offer other than the dynastic principle.

'All border situations were resolved through diplomacy'

'All border situations were resolved through diplomacy'

Rediff.com26 Aug 2020

'I am not minimising either the seriousness or the complex nature of the current situation.' 'Naturally, we have to do what it takes to secure our borders.' 'We are talking to the Chinese, both through military channels and diplomatic ones.'
'In fact, they work in tandem.' 'When it comes to finding a solution, this must be predicated on honouring all agreements and understandings.' 'And not attempting to alter the status quo unilaterally.'

Plan panel expects 8.5 to 9% growth rate

Plan panel expects 8.5 to 9% growth rate

Rediff.com11 Dec 2007

"The world economic slowdown will not affect the medium term growth prospects," Planning Commission Deputy Chairman Montek Singh Ahluwalia said, while addressing the 'TIE Entrepreneurial Summit 2007' in New Delhi on Tuesday. The economy was likely to clock a growth rate of 8.5 to 9 per cent during the current financial year, he said, adding that the gross domestic product growth rate was expected to be 9 per cent during the next three years.

'Budget presents Jaitley with 3 rare opportunities'

'Budget presents Jaitley with 3 rare opportunities'

Rediff.com23 Feb 2016

'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'

Chennai Connect doesn't improve India-China trade ties

Chennai Connect doesn't improve India-China trade ties

Rediff.com14 Oct 2019

China had been trying hard to enter the Indian market, without opening its own to Indian products. There is an economic crisis in India-China relations that the Chennai Connect barely scratched the surface, points out Srikanth Kondapalli.

India is being tested: Jaishankar on Ladakh standoff

India is being tested: Jaishankar on Ladakh standoff

Rediff.com12 Dec 2020

Calling the 'events' along the Line of Actual Control (LAC) very disturbing, the external affairs minister said they have raised some very 'basic concerns'. When asked whether it will be a long-haul or a breakthrough is expected soon, Jaishankar said: "I would not go into prediction zone at all whether it is going to be easy or not, and what will be the timelines and so on."

Trump ignored 12 of CIA's warnings on COVID-19

Trump ignored 12 of CIA's warnings on COVID-19

Rediff.com29 Apr 2020

Current and former US intelligence officials told The Washington Post that Trump, in the month of January and February, had repeatedly ignored warnings conveyed in issues of the US president's Daily Brief, a sensitive report that is produced before dawn each day and designed to call the president's attention to the most significant global developments and security threats.

India's growth rate to surpass China's in 2016: IMF

India's growth rate to surpass China's in 2016: IMF

Rediff.com20 Jan 2015

India is projected to grow at 6.3 per cent in 2015 and 6.5 per cent in 2016, when it is likely to cross China's projected growth rate of 6.3 per cent, the IMF said.

Sensex slips from record highs on profit booking, monsoon jitters

Sensex slips from record highs on profit booking, monsoon jitters

Rediff.com3 Apr 2019

SBI was the biggest loser in the Sensex pack, shedding 2.40 per cent, followed by Yes Bank, Bharti Airtel, L&T, Sun Pharma, M&M, ICICI Bank, ONGC, RIL, Asian Paints, Vedanta and HUL, which lost up to 2.37 per cent.

Jaitley explains why it's tough to achieve double-digit growth

Jaitley explains why it's tough to achieve double-digit growth

Rediff.com17 Mar 2016

The constituency that support reforms today is much larger today.

Economy on road to higher growth: Jalan

Economy on road to higher growth: Jalan

Rediff.com16 Aug 2003

Reserve Bank Governor Bimal Jalan on Saturday asserted the economy would achieve higher growth rate this fiscal in the face of strong economic fundamentals and good monsoon.

India among 10 most attractive expat destinations

India among 10 most attractive expat destinations

Rediff.com27 Oct 2014

India is among the top 10 countries in the world in terms of expat quality of life.

Expertview: Sectors that will drive markets in 2021

Expertview: Sectors that will drive markets in 2021

Rediff.com11 Dec 2020

While analysts remains overweight on financials, property, discretionary, industrials and materials, they maintain a neutral stance on pharma, telecom and energy; and underweight on staples, utilities, and IT services.

'India going to be one of the largest economies in the world'

'India going to be one of the largest economies in the world'

Rediff.com10 Apr 2017

Barry Eichengreen, professor of economics and political science, University of California, Berkeley, analyzes the transparency of the Reserve Bank of India, the growth rate of the Indian economy and why he feels globalisation can never be rolled back.

IT: Rising crude prices a concern!

IT: Rising crude prices a concern!

Rediff.com24 Aug 2004

Economic turmoil caused by rising oil prices could hit Indian IT firms due to cut in demand for new software development, the largest contributor to revenues for these firms.

Samvat 2071: Market players expect big bang

Samvat 2071: Market players expect big bang

Rediff.com23 Oct 2014

But much depends on govt action & global economy; Sensex gains in 2070 the biggest in five years

ADB cuts India's FY19 growth forecast to 5.1%

ADB cuts India's FY19 growth forecast to 5.1%

Rediff.com11 Dec 2019

Asian Development Bank on Wednesday lowered India's economic growth forecast for FY2019 to 5.1 per cent on slowing job prospects, rural distress exacerbated by poor harvest and credit crunch. Growth in FY2020 is likely to recover thanks to this support, low oil prices, and a weakening rupee, but risks to the projections remain tilted to the downside, it said on India.

Why foreign car-makers are betting big on track car models

Why foreign car-makers are betting big on track car models

Rediff.com2 Sep 2021

Mercedes-Benz, Ferrari, Porsche and Lamborghini are some marquee badges that have introduced track cars to excite hard-core customers who want to push their cars to the limit, says Pavan Lall.

India Inc gives 'thumbs up' to 100-day Modi govt

India Inc gives 'thumbs up' to 100-day Modi govt

Rediff.com1 Sep 2014

Narendra Modi has earned a ranking of eight out of 10 in an India Inc survey.

Despite sluggish economy, start-up valuations, funding continue to soar

Despite sluggish economy, start-up valuations, funding continue to soar

Rediff.com3 Oct 2019

Even at early stage, start-ups are raising more money faster owing to the rise of a lot of specialised early-stage VCs and emergence of seed-stage programmes.

PM meets Chinese counterpart; discusses bilateral ties

PM meets Chinese counterpart; discusses bilateral ties

Rediff.com21 Nov 2015

"The bilaterals amidst the multilateral. PM @narendramodi meets Premier Li Kequiang of China for first engagement," External Affairs Ministry Spokesman Vikas Swarup tweeted.

Acche din: Is it only full of sound and fury?

Acche din: Is it only full of sound and fury?

Rediff.com1 Jul 2015

The pre-dawn signals are on the balance negative.

Indian position on food security at WTO flawed: Jagdish Bhagwati

Indian position on food security at WTO flawed: Jagdish Bhagwati

Rediff.com2 Dec 2013

If the WTO talks in Bali fail, it will adversely impact India.

'Putin is playing Russian roulette'

'Putin is playing Russian roulette'

Rediff.com25 Feb 2022

'There is a cost to war.' 'The West knows that and so does Putin.' 'The point is, how much of the cost are both sides willing to pay?'

Planning to invest in PSU stocks? Be very careful

Planning to invest in PSU stocks? Be very careful

Rediff.com21 Oct 2019

In the year to date, 61 PSUs have lost an average of 22 per cent, with five companies losing more than half their share value. The BSE PSU index is down 10.6 per cent.

Indian economy offers hope as China struggles

Indian economy offers hope as China struggles

Rediff.com31 Aug 2015

Robust growth in indirect tax receipts points to a nascent revival in manufacturing sector.

The business of Indian diplomacy is business

The business of Indian diplomacy is business

Rediff.com14 Jun 2016

Making it easier to do business is a key element of our strategy, says Foreign Secretary S Jaishankar.

'No expectation of major reforms from this government'

'No expectation of major reforms from this government'

Rediff.com29 Jun 2016

Sharma is Head of Emerging Markets and Chief Global Strategist at Morgan Stanley Investment Management.

'Good chance of substantial recovery in next financial year'

'Good chance of substantial recovery in next financial year'

Rediff.com3 Dec 2020

'I am sceptical of the Indian economy returning to a sustained high-growth trajectory any time soon'

Indian economy poised to grow 5.7% this year: OECD

Indian economy poised to grow 5.7% this year: OECD

Rediff.com15 Sep 2014

In its latest interim Economic Assessment report released today, OECD said a moderate expansion is under way in most major advanced and emerging economies.

India's growth to reach 6.3 per cent in 2016: UN report

India's growth to reach 6.3 per cent in 2016: UN report

Rediff.com19 Jan 2015

India will see a gradual growth acceleration with its GDP expected to reach 5.9 per cent this year.

Investors must stay positive amidst the gloom

Investors must stay positive amidst the gloom

Rediff.com29 Jan 2020

Investors must be prepared to believe that things will get better eventually, no matter how bad the current situation may look. If you don't possess this optimism, you will not possess the courage to invest and if you don't invest, you don't give yourself any chance to get wealthy, says Devangshu Datta.

'Apt policy corrections alone can revive India's growth'

'Apt policy corrections alone can revive India's growth'

Rediff.com1 Apr 2014

The former RBI deputy governor talked about the prospects of an economic revival, reforms in IMF, etc.

Fiscal impact of stimulus to be around 0.25-0.6% of GDP in FY21: Experts

Fiscal impact of stimulus to be around 0.25-0.6% of GDP in FY21: Experts

Rediff.com12 Nov 2020

Welcoming the latest round of stimulus announced by Finance Minister Nirmala Sitharaman on Thursday, experts said the measures will support the economic recovery boosting demand, job creation and by providing funds to the MSME and stressed sectors. The fiscal impact of the stimulus is likely to be around 0.25-0.6 per cent of GDP in the current fiscal, they said.