Home Tag "economy"

Expect Indian markets to be ‘somewhat choppy’: Mizuho

Vishnu Varathan of Mizuho Bank says there has been “discernible fiscal slippage” in India, in part due to “fractured” political standing ahead of elections in the country. SOURCE: CNBC (6)

Support for private businesses will lift economic growth

China will unveil more support measures for the country’s private businesses as well as small and medium-sized enterprises, said its State Council. Increasing support for the development of private businesses and SMEs helps strengthen the internal impetus for economic development, boosts entrepreneurship and innovation, and expands employment, it was stated in the meeting, which was […]

Resurgent growth in exports in October 2018

The resurgent growth in exports in October 2018 rose to a historic high of RM96.4 billion and a record trade surplus of RM16.3 billion indicates that Malaysia is on the right track towards the new Pakatan Harapan Federal government’s 3 year fiscal consolidation plan to put Malaysia’s dynamic economy back on track. The key indicators […]

India’s leap in ease of doing business overshadowed by demonitisation

India has been one of the biggest ‘improvers’ in the 2019 World Bank study, with its rank shooting up from 100 to 77, among 190 countries. This is quite a big jump, given that its rank crept up from 142 to 100 in the four years from 2015 to 2018. The World Bank now deems […]

ASEAN member countries of RCEP offer India concession

Several Asian member countries of the proposed Regional Comprehensive Economic Partnership (RCEP) have offered India a significant concession on the extent to which it needs to open up its markets, in a bid to encourage it to join the partnership quickly, according to a diplomat from Singapore. The RCEP is a proposed trade agreement between […]

India’s economy is growing so quickly, U.K needs to react to it: Jules Chappell

Indian economy is growing very fast and Britain is making efforts to forge closer relations with the country in very practical ways, said Jules Chappell, managing director, business at London & Partners, the Mayor of London’s economic development agency. Formerly Britain’s youngest ambassador when she took up the position in Guatemala, Ms. Chappell said that […]

India’s growth to speed to 7.3 percent: World Bank

The World Bank in its India Economic Update has predicted India’s economy to grow at 6.7% in the current financial year, which is set to accelerate to 7.3% in 2018-19 and 7.5% in 2019-20. Read the full story at http://www.thehindu.com/business/Economy/indias-growth-to-speed-to-73-wb/article23245898.ece SOURCE: The Hindu (12)

Food prices spur CPI inflation to 3.58%

Retail inflation accelerated to 3.58% in October on the back of rising food and fuel prices, according to official data released by the Ministry of Statistics and Programme Implementation on Monday. Read the full story at http://www.thehindu.com/business/Economy/retail-inflation-rises-to-7-month-high-of-358-in-october/article20382197.ece   SOURCE: The Hindu (31)

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