EXPLAINED: Why India is attracting FDI at a time when global inflows remain flat

This is when the global FDI remained almost flat in 2019, at .39 trillion, a decline of 1% from .41 trillion.By Divy Rangan & Lekha ChakrabortyIn the World Economic Outlook (WEO) released in Davos, Switzerland, IMF Chief Economist Gita Gopinath said that the economic slowdown in India has pushed down global growth forecast by “0.1%.” The… Continue reading EXPLAINED: Why India is attracting FDI at a time when global inflows remain flat

India Braces for Deficit Blowout, Higher Borrowing: Budget Guide

Bloomberg the Company & Its ProductsThe QuintBloomberg Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s… Continue reading India Braces for Deficit Blowout, Higher Borrowing: Budget Guide

Ahead of Budget session, economy, CAA stir top all-party meet agenda

Ahead of the Parliament’s Budget session, Prime Minister Narendra Modi and leaders of all parties attended the customary all-party meeting which the speaker calls ahead of every session. Prime Minister Narendra Modi (C) flanked by Defence Minister Rajnath Singh (R), Union Parliamentary Affairs Minister Pralhad Joshi, Congress leader Ghulam Nabi Azad and other leaders during… Continue reading Ahead of Budget session, economy, CAA stir top all-party meet agenda

Fears of economy being hit grow as India’s first coronavirus victim is confirmed

Isolation ward for patients suspected to have Coronavirus in India. (Photo | Vinay Madapu/EPS) Express News Service NEW DELHI: As news of a confirmed coronavirus patient in Kerala along with confirmed suspected cases in Philippines, Singapore, South Korea, Australia, Canada, France, Japan, Malaysia and Vietnam hit the wires, Mumbai’s Sensex fell from a day’s high… Continue reading Fears of economy being hit grow as India’s first coronavirus victim is confirmed

Opinion | What the budget can and can’t do for our rise as a global power

As the nation awaits the Union budget for 2020-21, there is a sense of anticipation in the air. In more ways than one, this is being viewed as a make-or-break budget for the Narendra Modi government. A decline in India’s economic growth rate has energized the prophets of doom and gloom. It is certainly imperative… Continue reading Opinion | What the budget can and can’t do for our rise as a global power

Global Economy: Is this coronavirus riskier than SARS?

The World Health Organisation (WHO) is yet to declare the virus as a global public health emergency with international concern.The coronavirus originating from the city of Wuhan in the Hubei province of China is spreading fast across the world. The risks from the contagion are no longer confined to China. They are beginning to affect… Continue reading Global Economy: Is this coronavirus riskier than SARS?

The Crisis That Shattered India’s Economic Dreams

Bloomberg the Company & Its ProductsThe QuintBloomberg Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s… Continue reading The Crisis That Shattered India’s Economic Dreams

‘Infra push is needed to revive economy’

By AuthorY V Phani Raj  |  Published: 30th Jan 2020  12:05 amUpdated: 29th Jan 2020  11:35 pmInfra push to help revive economy  The focus of the Budget should be to boost infrastructure expenditure through increased public sector spending. This infrastructure push would also help revive demand, especially in rural sector and increase job creation. Furthermore, private sector spending and… Continue reading ‘Infra push is needed to revive economy’

Five ways budget can help India get out of an economic slump

NEW DELHI : As finance minister Nirmala Sitharaman prepares to present her second budget—this one comes amid projections by the International Monetary Fund of growth slowing to 4.8% in the fiscal—here are five ways in which she can help stimulate the economy: No reduction in spending for rest of FY20 The government, in its attempt… Continue reading Five ways budget can help India get out of an economic slump