News for 'Global Economic Prospects'

Xi makes first visit to coronavirus-hit Wuhan

Xi makes first visit to coronavirus-hit Wuhan

Rediff.com10 Mar 2020

Xi, also the general secretary of the ruling Communist Party of China, arrived in Wuhan, the epicentre of the virus outbreak, on Tuesday for an inspection of the epidemic prevention and control work in Hubei province and its capital city Wuhan, state-run Xinhua news agency reported.

When Nature Challenges A CM

When Nature Challenges A CM

Rediff.com6 Jan 2022

The chief minister still has time to repair the damage but he will have to act all-round, both at the government and party levels, suggests N Sathiya Moorthy.

ADB pegs India's GDP rate at 5.5%

ADB pegs India's GDP rate at 5.5%

Rediff.com1 Apr 2014

India's GDP is poised to accelerate to 5.5 per cent in 2014-15 on the back of improved performance in industry and services but it may take some time for the country to reach its potential growth rate, says an Asian Development Bank (ADB) report.

F1 aims to rev up in May after Bahrain, Vietnam GP postponed

F1 aims to rev up in May after Bahrain, Vietnam GP postponed

Rediff.com13 Mar 2020

Formula One plans to start its coronavirus-ravaged season in May after cancelling this weekend's opener in Australia on Friday and postponing the next three races in Bahrain, Vietnam and China. Confusingly, while Formula One said in a statement it expected to begin the championship in Europe at the end of May, the governing FIA's statement referred to May 1. Both may prove optimistic as the virus spreads across the continent.

Manufacturing sector bounces back into growth zone: PMI

Manufacturing sector bounces back into growth zone: PMI

Rediff.com1 Sep 2017

A reading above 50 indicates expansion, while a score below this mark means contraction

Will RBI cut rates in February?

Will RBI cut rates in February?

Rediff.com20 Dec 2018

RBI in wait and watch mode as several risks to inflation continue to exist including a sudden reversal of food prices and oil price volatility.

Why PEs may be better source of capital for banks

Why PEs may be better source of capital for banks

Rediff.com16 Dec 2020

India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.

January jitters: All is well, say market experts

January jitters: All is well, say market experts

Rediff.com6 Jan 2015

Even as the Indian benchmarks, the BSE Sensex and Nifty 50, crumbled over three per cent today, experts are optimistic about the Indian economy and believe investors can still make 30 per cent plus returns in 2015

Why India must protest China's Hong Kong policy

Why India must protest China's Hong Kong policy

Rediff.com30 May 2020

'India need to look beyond the economic prism.' 'China had no qualms in taking the Kashmir issue to the UN Security Council last year -- not once, but thrice -- thus violating Indian sensitivities,' observes China expert Srikanth Kondapalli.

Markets end at record highs

Markets end at record highs

Rediff.com2 Jun 2017

With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.

What will drive India's growth?

What will drive India's growth?

Rediff.com31 Jul 2015

India has a long way to go to catch up with Thailand let alone the US.

'We have to treat the economy as if this is wartime'

'We have to treat the economy as if this is wartime'

Rediff.com29 Mar 2020

'We have to stop thinking about GDP and look at the impact on output and unemployment.' 'And that is not going to be insignificant.'

5 Ways to Improve Relations with China

5 Ways to Improve Relations with China

Rediff.com10 Jun 2018

'We must compartmentalise issues, ensuring that one disagreement does not sour everything,' advises Ambassador Kishan S Rana.

Ahead of polls, TN grants 10.5% quota for Vanniyars

Ahead of polls, TN grants 10.5% quota for Vanniyars

Rediff.com26 Feb 2021

The Tamil Nadu Assembly on Friday passed a bill providing internal reservation of 10.5 per cent for Vanniyars, a most backward community in government jobs and in admission to educational institutions.

Post Coup Myanmar: India must be careful

Post Coup Myanmar: India must be careful

Rediff.com11 Feb 2021

It will not be to India's advantage to create misperceptions that it is bandwagoning with some Anglo-American project for regime change in Myanmar, argues Ambassador M K Bhadrakumar.

RBI to rope in rating agencies for NPA solution

RBI to rope in rating agencies for NPA solution

Rediff.com24 May 2017

The broad contours of their assignment are expected to be making independent assessment of recovery prospects, and estimating haircuts for restructuring cases.

Economy to grow 6.5% in 2016 on better macro conditions

Economy to grow 6.5% in 2016 on better macro conditions

Rediff.com10 Mar 2015

Economy to grow 6.5% in 2016 on better macro conditions, says Mckinsey.

India's domestic demand may witness a recovery, says HSBC

India's domestic demand may witness a recovery, says HSBC

Rediff.com19 Mar 2014

According to global financial services major, despite its recent slowdown, India's economic promise remains substantial, with the growing population and nascent domestic middle class generating a growing market for consumption goods.

Boundary question sensitive, complicated: Chinese Envoy

Boundary question sensitive, complicated: Chinese Envoy

Rediff.com10 Jul 2020

In remarks titled 'Implement Consensus and Handle Differences Properly to Bring China-India Relations Back on the Right Track' posted on the Chinese embassy website, Sun spoke of disruptions in the bilateral relationship and outlined five steps to clarify 'some fundamental points'.

Xi meets Khan, hopes to improve Indo-Pak ties

Xi meets Khan, hopes to improve Indo-Pak ties

Rediff.com28 Apr 2019

Both leaders also exchanged views on the situations in South Asia, an official Chinese statement said about the meeting between Xi and Khan.

'India-China relationship is at a crossroads'

'India-China relationship is at a crossroads'

Rediff.com28 Jan 2021

'The events of 2020 have actually put our relationship under exceptional stress.' What External Affairs Minister Dr Subrahmanyam Jaishankar told the All India Conference of China Studies on Thursday, January 28, 2021.

RBI to transfer highest-ever surplus of Rs 1.76 lakh cr to govt

RBI to transfer highest-ever surplus of Rs 1.76 lakh cr to govt

Rediff.com26 Aug 2019

The additional cash will now give the Centre more headroom for stimulating the economy.

ADB lowers India's growth projection for 2013-14 to 4.7%

ADB lowers India's growth projection for 2013-14 to 4.7%

Rediff.com2 Oct 2013

The recent rupee depreciation and capital outflows could adversely impact the country's economy.

India may be among top exporters by 2030: HSBC

India may be among top exporters by 2030: HSBC

Rediff.com16 Sep 2014

Sector-wise, pharmaceuticals, transport equipment and textiles will help accelerate overall export growth.

Crude oil nears $50: How will it impact the economy?

Crude oil nears $50: How will it impact the economy?

Rediff.com18 May 2016

Experts feel oil prices will remain volatile with an upward bias.

The White Tiger review

The White Tiger review

Rediff.com22 Jan 2021

The White Tiger makes a stinging commentary on New India's half-baked vision, but Ramin Bahrani isn't telling a Slumdog fairy tale here, observes Sukanya Verma.

Why is the rupee under pressure?

Why is the rupee under pressure?

Rediff.com13 Jun 2013

The rupee has been falling for five straight weeks, taking its losses this quarter to 6.6 per cent, making it the worst performing currencies in Asia during this period.

India all set to become a superpower, and Asia's No 1

India all set to become a superpower, and Asia's No 1

Rediff.com8 May 2015

A Harvard study says India's GDP will grow at 7.9 per cent annually in the next 8 years, well ahead of China's 4.6 per cent

Can India evade US's Iran oil sanctions?

Can India evade US's Iran oil sanctions?

Rediff.com24 Apr 2019

Whatever be India's course of action, it will have an impact on India-Iran ties, notes Aveek Sen.

Goldman downgrades Indian stocks on growth concerns

Goldman downgrades Indian stocks on growth concerns

Rediff.com1 Aug 2013

Goldman Sachs downgraded its rating on Indian stocks to 'underweight'.

Gandhi's 'Sarvodaya' philosophy can revive the Indian economy

Gandhi's 'Sarvodaya' philosophy can revive the Indian economy

Rediff.com13 Jun 2014

At present there is virtually no dialog between votaries of different various versions of economic democracy.

Spooked by Budget, foreign investors sell Rs 6000cr of equities

Spooked by Budget, foreign investors sell Rs 6000cr of equities

Rediff.com18 Jul 2019

They have been on an unbroken selling streak since the Union Budget, spooked by increase in income-tax surcharge, taxes on buybacks, and lack of stimulus to prop up the economy.

Asian cities dominate top 20 billionaire places

Asian cities dominate top 20 billionaire places

Rediff.com30 Sep 2014

New York City has the world's largest number of billionaires but Asian cities, which include Mumbai, dominate the list of top 20 billionaire places in the world, indicating that the region is at the beginning of a new cycle in wealth creation, says a report.

'Unless we get 15% exports growth, 8-9% GDP will be difficult'

'Unless we get 15% exports growth, 8-9% GDP will be difficult'

Rediff.com6 Jul 2018

After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.

Rising commodity prices to take a toll on Q2 results

Rising commodity prices to take a toll on Q2 results

Rediff.com17 Aug 2017

On an average most commodities are up between 20-30 per cent compared to a year ago levels.

'Tamil Nadu is one of India's most industrialised states'

'Tamil Nadu is one of India's most industrialised states'

Rediff.com9 Sep 2015

The UK has responded to PM Modi's call to 'Make in India' by launching great collaborations in January 2015.

Why exports keep missing ministry target

Why exports keep missing ministry target

Rediff.com24 Apr 2019

A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.

Bond yields rally in May on rate cut hopes

Bond yields rally in May on rate cut hopes

Rediff.com30 May 2019

The bond market expects at least 25 basis points cut in the June 6 policy.

Globalisation is alive and well, don't panic

Globalisation is alive and well, don't panic

Rediff.com6 Oct 2016

We are witnessing a new phase where business leaders are realising globalisation has to take into account national identities and cultures, says Claude Smadja.

India Shining! 3 factors that point to a stable economy

India Shining! 3 factors that point to a stable economy

Rediff.com22 Sep 2014

First, there has been a significant softening in commodity prices - most notably oil.