Its careful approach to capital flows accords with economists’ newfound cautionA WAVE OF passive capital flows is the handsome prize for countries that secure a place in major bond indices. That prospect seems to be on the horizon for India. Many analysts expect part of its government-bond market to enter indices compiled by Bloomberg, a…Continue Reading
India joined the G20 Troika on Wednesday. The troika now consists of Indonesia, Italy and India. The G20 is the premier forum for international economic cooperation, which reflects a recognition that global prosperity is interdependent and our economic opportunities and challenges are interlinked, MEA said in a release.G20 countries have come together to better prepare…Continue Reading
Home / News / India / India detects 6 Covid cases on screening passengers of 11 flights from ‘at-risk’ countries. Read here Premium Passengers at the Chhatrapati Shivaji Maharaj International Airport, in Mumbai on Wednesday. (ANI Photo) 3 min read . Updated: 01 Dec 2021, 10:42 PM IST Livemint The new rules have been issued…Continue Reading
India’s merchandise exports rose to $29.88 billion for the month from $23.62 billion in the same period last year, while imports rose to $53.15 billion in November from $33.81 billion last year. Reuters December 01, 2021 / 10:01 PM IST Representative Image India posted a record merchandise trade deficit of $23.27 billion in November compared…Continue Reading
Expressing optimism over India’s GDP performance in the second quarter, country’s Chief Economic Adviser (CEA) K V Subramanian on Tuesday said the Asia’s third-largest economy is expected to register double-digit growth in the current financial year, aided by rising demand and a robust banking sector. He also said India is expected to grow at 6.5…Continue Reading
India grew at the fastest pace of any major economy in the July-September quarter but economists said disruptions from the emerging Omicron coronavirus variant risked slowing the recovery, especially given India`s low vaccination rates. Asia`s third-largest economy has rebounded strongly from last year`s deep pandemic-induced slump, boosted by vaccinations and stronger government spending, economists said.…Continue Reading
Many countries begin to discuss the possibility of re-staffing embassies in Kabul As several countries including the United Arab Emirates, Germany, Japan and the European Union begin to discuss the possibility of re-staffing embassies in Kabul, New Delhi is considering its options on its presence in Afghanistan. In November, the UAE re-started operations in Kabul…Continue Reading
A man packs sugar for sale inside a shop at a marketplace in Ahmedabad, India, September 19, 2018. REUTERS/Amit DaveRegister now for FREE unlimited access to reuters.comNEW YORK, Nov 30 (Reuters) – The world’s sugar supply balance is expected to deteriorate in the 2021/22 season that started in October due to higher use of sugarcane…Continue Reading
Looking beyond the home bias, there are strong fundamental reasons to believe India will be the beacon of growth in the emerging markets’ (EM) space in this decade, and will warrant higher weight in the EM indices as well. There are some key fundamental reasons supporting this statement. China merits a separate equity class China’s…Continue Reading
Visiting India has been more like visiting a close relative’s home, for Maldivian Defence Minister Mariya Didi, who was recently in the subcontinent for the Official Engagements. In a first for the Indian Naval Academy, Ezhimala, Kerala, she was the first Foreign Defence Minister to review the Passing Out Parade, at the academy that is…Continue Reading