China to target around 6% growth in 2020, step up state spending: Sources
The proposed target, to be unveiled at China's annual parliamentary session in early March 2020, was endorsed by top leaders at the annual closed-door Central Economic Work Conference this month, according to three sources with knowledge of the meeting's outcome.
Xi Jinping calls for 'contingency plan' to deal with economic slowdown in 2020
The three-day Central Economic Work Conference headed by Presi...
Trump approves US-China trade deal to halt December 15 tariffs
Global stocks hit a record high and bond yields climbed on optimism over trade...
ADB trims India's GDP growth forecast to 5.1% in FY20
"India's growth is now seen at a slower 5.1 per cent in fiscal year 2019-20 as the foundering of a major non-banking financial company in 2018 led to a rise in risk aversion in the financial sector and a credit crunch. Also, consumption was affected by slow job growth and rural distress aggravated by a poor harvest," Asian Development Bank said.
View: A policy shift away from GDP generation, and towards improving development indicators, is long overdue
For India, there are three key steps we may explore. First, to measure the destruction of natural and social capital.
India to be an outlier in the global economy: Report
Nomura expects that growth in major global economies may weaken in 2020, like US growth may slip from 2.3% to 1.8%, China (6.1% to 5.7%), the euro area (1.2% to 0.9%) and Japan (1.0% to 0.2%). This will be offset by a handful of smaller EMs – Brazil, Mexico, India, Turkey and South Africa – rebounding from tepid growth in 2019.
ETMarkets Special Podcast: Will Dalal Street rally pause after dismal GDP print?
Tune in: Will the long-term impact be negative?ETMarkets Special Podcast: Will Dalal Street rally pause after dismal GDP print?
View: A ten-step guide to reach $5 trillion GDP goal
India should have joined RCEP. The deal on offer was a good one and many of our fears had been allayed.
View: Why rupee may rise despite weak GDP print
According to the latest World Bank report, growth is expected to gradually recover.
FIIs posted year’s best show in November; but December giving cold vibes
For the year-to-date period, FIIs have invested a net of $13.5 billion in Indian shares.
Rupee slips 7 paise ahead of GDP data
Weaker-than-expected growth number could continue to keep the rupee under pressure.
Most foreign funds not massively overweight on India: Ayon Mukhopadhyay, IIFL Securities
Reforms in the NBFC sector can increase the GDP by 1 to 2%, says Mukhopadhyay.
Can Asia regain its former glory?
By 2020 the share of Asian economies in the world GDP in terms of purchasing power parity will exceed 50%.
FPIs turn net sellers in Indian capital markets in Dec amid weak macro data
Foreign investors pulled out a net sum of Rs 1,668.8 crore from equities.
Nifty tech charts indicate pause & further weakness
The rise in volatility & whipsaw trades may take place in short term.
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