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India is on the path to reclaim its title as the world’s fastest-growing major economy

Two years after losing the coveted title, India may soon reclaim its spot as the world’s fastest-growing major economy. The Indian economy will grow at 9.7% in 2021, which will be faster than all of the world’s major economies, according to London-based data and analytics firm GlobalData… To read more: https://qz.com/india/1959086/india-to-beat-china-become-fastest-growing-major-economy-in-2021/ SOURCE: QUARTZ INDIA (10)

WhatsApp scrambles as users in big Indian market fret over privacy

WhatsApp is battling mistrust globally after it updated its privacy policy to let it share some user data with parent Facebook and other group firms, and the backlash risks thwarting its ambitions in its biggest market, India… Though WhatsApp has yet to see mass uninstalls of its app in India, users concerned about privacy are… […]

Indian economy heading towards V-shaped recovery in 2021: Assocham

India’s economy is showing decisive signs of a ‘V-shaped’ recovery in 2021 with the return of consumer confidence, robust financial markets, an uptick in manufacturing and exporters braving it out in the global market with next say die spirit. Assocham said on Sunday… Read more at:http://timesofindia.indiatimes.com/articleshow/80200290.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst SOURCE: TIMES OF INDIA (3)

A path for the Indian economy to find its way out of the woods

As much we would like to forget 2020, it is unlikely we will anytime soon. The covid vaccine will, hopefully, silence the disease eventually, but it cannot erase all the scars. For instance, the massive stimulus across the world has inflated government debt and central bank balance sheets to abnormal levels. Normalizing this would in itself… To […]

Understanding the nature of India’s economic recovery – Experts Explain

As India emerges from the blow of lockdown, how far has the economy of households recovered? While unemployment is back at pre-pandemic levels, data show that the stress of creating new jobs is not yet over, household incomes remain depressed, and household spending has recovered only partially What do the data say about the nature […]

India’s economy seen clawing back after slipping into recession

Concern about the depth of India’s recession is slowly being replaced by optimism that a recovery is taking hold. A slew of indicators from car sales to services sector activity notched higher last month, while alternative data signal robust demand in an economy that’s primarily driven by domestic consumption… To read more: https://www.hindustantimes.com/business-news/india-s-economy-seen-clawing-back-after-slipping-into-recession/story-B0y5ZziUGqOuMONCxP42IK.html SOURCE: HINDUSTAN […]

Why have Goldman Sachs and Morgan Stanley suddenly become optimistic about India?

Just two months ago, a host of global economic experts shared an extremely pessimistic outlook for the future prospects of the Indian economy. There were worries about the risks arising from the coronavirus lockdowns and the government’s limited ability to fire up the dwindling economy due to fiscal constraints… To read more: https://qz.com/india/1934257/goldman-sachs-morgan-stanley-bullish-on-indian-economy-sensex/ SOURCE: QUARTZ INDIA (4)

Indian economy to struggle with effects of virus through 2025

India will be worst-affected among the world’s major economies even after the pandemic wanes, with output 12% below pre-virus levels through middle of the decade, according to Oxford Economics Balance sheet stress that had been building before the coronavirus outbreak will probably worsen… To read more: https://timesofindia.indiatimes.com/business/india-business/indian-economy-to-struggle-with-effects-of-virus-through-2025-report/articleshow/79304753.cms SOURCE: TIMES OF INDIA (7)

Goldman Sachs Raises India GDP Forecast For 2020-21

Goldman Sachs has revised India’s GDP forecast for the ongoing financial year as the global investment bank expects economic activity in Asia’s third-largest economy to normalise faster than estimated, provided an effective Covid-19 vaccine is available. The global financial services provider expects India’s gross domestic product to contract 10.3% in 2020-21 against a contraction of […]

India-China Role in Nepal‘s Railway Infrastructure

By Charles F Moreira, Editor I attended the 9th Asia-Pacific Regional Conference on Solidarity with Cuba in Kathmandu, Nepal on 26 and 27 July 2019, and during our tour of Kathmandu and the Chandragiri Hills resort on the second day, I asked a member of the organising committee, also a Central Committee member of the […]

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