News for 'Global Economic Prospects'

'Don't think you can predict the markets'

'Don't think you can predict the markets'

Rediff.com16 Jan 2019

Financial planners advise against putting capital to work by anticipating what might go up or down.

Luxury brands have to brace for high rent

Luxury brands have to brace for high rent

Rediff.com20 Nov 2013

Because of high rents in Mumbai and the response from Delhi, most luxury retail players want to expand in the capital.

India expanded at faster rate than China in June: HSBC

India expanded at faster rate than China in June: HSBC

Rediff.com5 Jul 2013

The HSBC Emerging Markets Index, a monthly indicator derived from the PMI surveys, sank to 50.6 in June from 51.3 in May, signalling the weakest increase in output since May, 2009.

COVID-19 crisis far from over, say scientists

COVID-19 crisis far from over, say scientists

Rediff.com24 Sep 2020

The expert noted that in India the pandemic is unlikely to be over in the months to come, and the number of people getting infected will continue to rise.

RBI cuts FY20 GDP growth forecast to 6.1%

RBI cuts FY20 GDP growth forecast to 6.1%

Rediff.com5 Oct 2019

If this turns into reality, India's gross domestic product (GDP) growth will be the lowest since 2012-13, which could severely hit job creation and income growth in the near term.

Why is Modi's path to reforms a rocky one?

Why is Modi's path to reforms a rocky one?

Rediff.com26 Dec 2014

The government is now contemplating issuing an executive order to implement these measures, which would need to be approved by lawmakers within six weeks of the opening of the next session of parliament, scheduled for the beginning of February. India's president would also need to agree.

Creating jobs: The biggest challenge of our time

Creating jobs: The biggest challenge of our time

Rediff.com5 Aug 2016

'Is a rapidly growing working-age population a prerequisite for growth or a social tinderbox?'

Spectre of Biden presidency haunts India

Spectre of Biden presidency haunts India

Rediff.com8 Nov 2020

'The hardliners in Delhi are in for a big disappointment,' predicts Ambassador M K Bhadrakumar.

Oil prices may drop to $25/barrel: Moody's

Oil prices may drop to $25/barrel: Moody's

Rediff.com9 Mar 2016

Moody's said it expects exposure to low oil prices to shave off 0.8 per cent from real GDP growth on average across oil exporting countries in 2016.

'India and China are likely to grow at over 5%'

'India and China are likely to grow at over 5%'

Rediff.com17 Nov 2017

Daniel Wu, chairman of the Asian Bankers Association (ABA), says there is merit in merging some of the less efficient public sector banks in the country.

Spurt in vegetable prices may be spoiler for inflation

Spurt in vegetable prices may be spoiler for inflation

Rediff.com3 Feb 2015

Rise in vegetable prices can reverse the benefits of low oil prices.

Cricket Boards brace for losses in the time of coronavirus

Cricket Boards brace for losses in the time of coronavirus

Rediff.com20 Mar 2020

A shorter tournament will mean a smaller share from the shrunken central pool of revenues for the eight IPL franchises, not to mention a reduction in gate receipts. Cricket Australia stands to lose some A$300 million ($174 million) should the coronavirus outbreak derail their high-profile home test series against India later this year.

China pushes India into bear hug with Quad

China pushes India into bear hug with Quad

Rediff.com23 Nov 2020

China's behaviour in the post-pandemic geopolitical landscape which may determine the Quad's future trajectory, notes former foreign secretary Shyam Saran.

Quality control can bump up India's gold jewellery exports 5-fold: WGC

Quality control can bump up India's gold jewellery exports 5-fold: WGC

Rediff.com31 Jul 2015

Indian jewellery is widely prized for intricacy and craftsmanship.

India's biz confidence up sharply after new govt

India's biz confidence up sharply after new govt

Rediff.com6 Oct 2014

The govt's willingness for change and 'feel good' factor has boosted sentiments.

The story behind India's stagnant exports

The story behind India's stagnant exports

Rediff.com18 Apr 2017

The key reason for the country's stagnating exports is its failure to build a strong manufacturing base, says T N Ninan.

Big-bang reforms needed to improve fiscal situation: Survey

Big-bang reforms needed to improve fiscal situation: Survey

Rediff.com10 Jul 2014

The government should frame new policies to assure growth.

India to lead investment inflow in emerging Asian economies

India to lead investment inflow in emerging Asian economies

Rediff.com8 Apr 2015

India is perceived to be a powerhouse for investment in coming times.

'India can attract significant FDI if it sorts out tax issues'

'India can attract significant FDI if it sorts out tax issues'

Rediff.com28 Mar 2015

India can attract significant FDI, says experts.

Services growth falters as new business weakest in two years

Services growth falters as new business weakest in two years

Rediff.com3 Jul 2013

The HSBC Markit Services Purchasing Managers' Index fell to 51.7 in June from May's three-month high of 53.6, in a sign that Asia's third-largest economy is still struggling to climb out of a quagmire of low growth and high inflation.

Shunning protocol, Obama interviews billionaire Jack Ma

Shunning protocol, Obama interviews billionaire Jack Ma

Rediff.com19 Nov 2015

Obama joked comfortably with the eccentric founder and executive chairman of Alibaba Group.

The afterglow from Trump's visit will remain

The afterglow from Trump's visit will remain

Rediff.com6 Mar 2020

Modi may take satisfaction from his display of considerable political skill in managing a mercurial, temperamental and unpredictable US president and nudging him into uncharacteristic restraint and even carefully orchestrated remarks. This personal chemistry will come in handy if Trump returns as president in the November elections, says former foreign secretary Shyam Saran.

BJP's win rekindles hope for reforms, growth: Goldman

BJP's win rekindles hope for reforms, growth: Goldman

Rediff.com23 May 2014

According to the global financial services major, after the BJP's 'historic' election victory on May 16, hope for structural reforms has gone up.

India braces for lower growth forecast ahead of polls

India braces for lower growth forecast ahead of polls

Rediff.com7 Feb 2014

The revision will do little to help the Congress party-led ruling alliance, which faces an uphill battle in elections due by May amid allegations of economic mismanagement, corruption scams and high inflation.

Defying US, European allies say they'll join China-led bank

Defying US, European allies say they'll join China-led bank

Rediff.com17 Mar 2015

The venture is seen as a rival to the World Bank.

78% Indian employees feel they should save more for retirement

78% Indian employees feel they should save more for retirement

Rediff.com24 Aug 2014

Indian employees have the second highest savings rate at 16 per cent, second only to China.

Can Modi 'develop' India by 2022?

Can Modi 'develop' India by 2022?

Rediff.com31 Oct 2017

'The Make in India target of getting manufacturing to account for 25% of GDP by 2022 is quite impossible to achieve.' 'As for the role of technology in the average Indian's life, it is still quite basic -- mobile phones and Mars successes notwithstanding,' says T N Ninan.

Oil prices dip as Iran deal opens up potential for export hike

Oil prices dip as Iran deal opens up potential for export hike

Rediff.com15 Jul 2015

Oil prices dipped on Wednesday as the market prepared for a gradual increase of Iranian exports into an already oversupplied market from 2016.

A lot in the offing in DC before Modi lands in New York

A lot in the offing in DC before Modi lands in New York

Rediff.com18 Sep 2015

Days before Narendra Modi arrives in the US to speak at the UN, meet Barack Obama, gupshup with the likes of Nadella, Pichai, Zuckerberg, and address desis in Silicon Valley, his ministers will help set the commercial and strategic tone for the prime minister's visit.

'India's best strategy is to stay invested in domestic growth stories'

'India's best strategy is to stay invested in domestic growth stories'

Rediff.com27 Apr 2017

In UK, France and Germany, the president and CEO of Edelweiss Securities, anticipates votes incrementally in favour of local protection and de-globalisation.

As China's trade outlook worsens, Li unleashes Liconomics

As China's trade outlook worsens, Li unleashes Liconomics

Rediff.com10 Jul 2013

Exports dropped 3.1 per cent in June from a year earlier, the first decline since January last year while imports went down 0.7 per cent, General Administration of Customs said on Wednesday.

Modi 2.0 and the SCO Summit

Modi 2.0 and the SCO Summit

Rediff.com12 Jun 2019

The Shanghai Cooperation Organisation is very much aligned with the foreign policy priorities of the Modi 2.0 government, says Sana Hashmi.

2019: Morgan Stanley wants you to invest

2019: Morgan Stanley wants you to invest

Rediff.com18 Apr 2018

The best-case scenario -- to which Morgan Stanley attaches 30 per cent probability -- pegs the S&P BSE Sensex at 41,500 levels in the next 12 months.

Worst is over for the Indian economy, says Moody's

Worst is over for the Indian economy, says Moody's

Rediff.com22 Jan 2014

Externally, the global economy is stabilising, with better growth is expected this year.

US will not tolerate unfair policy to push trade: Jack Lew

US will not tolerate unfair policy to push trade: Jack Lew

Rediff.com13 Feb 2015

He wants Jaitley to give investors more clarity on policies

Unlike Moody's, S&P keeps India rating unchanged; unfair, says govt

Unlike Moody's, S&P keeps India rating unchanged; unfair, says govt

Rediff.com24 Nov 2017

The global ratings agency keeps India's sovereign rating unchanged at 'BBB-' with stable outlook

DIPP sets up panel to help investors on 'Make in India'

DIPP sets up panel to help investors on 'Make in India'

Rediff.com20 Sep 2014

The initiative is one of the several steps which the government has announced in order to improve ease of doing business in India and attract investments to boost manufacturing in the country

Will Asian growth rebound?

Will Asian growth rebound?

Rediff.com13 Feb 2014

The resilience of many emerging markets, notably China and India, in the aftermath of the Lehman shock further strengthened this sense of manifest destiny.

Jaitley promises 'civilised' tax regime to attract investment

Jaitley promises 'civilised' tax regime to attract investment

Rediff.com10 Dec 2014

Jaitley was replying to a debate in the Lok Sabha on Supplementary Demands for Grants for an additional expenditure of over Rs 12,500 crore (Rs 125 billion).

Why Iran is upset with India

Why Iran is upset with India

Rediff.com19 Nov 2019

'Tehran,' Foreign Minister Zarif said, 'had expected the Modi government to be "more resilient" in the face of Washington's bullying,' notes Ambassador M K Bhadrakumar.