Oct 16, 2014 at 15:02 | Source: Reuters
"Markets are likely to be picking up the pieces today and trying to work out where we go from here," said Rabobank strategist Michael Every.
Oct 14, 2014 at 11:56 | Source: CNBC-TV18
The Mumbai-headquartered company currently has a D2H base of around 90 lakh users which is likely to double over the next five years.
Oct 14, 2014 at 11:18 | Source: CNBC-TV18
Onto specific macros, Mark Matthews of Bank Julius Baer says that lower commodity prices are a positive for India and China. Furthermore, he feels India remains a great story and given its strong demographic and consumer story.
Oct 12, 2014 at 12:48 | Source: PTI
PepsiCo India's revenue grew in double digits for nine months ended September 6, 2014 making the country amongst the fastest growing emerging markets for the global beverages and snack giant.
Oct 11, 2014 at 14:42 | Source: CNBC-TV18
Chetan Ahya, MD & Chief Economist Asia Pacific at Morgan Stanley believes India will have to address issues related to land acquisition and labour reforms to grow beyond 6.5 percent and hence it is not an immediate concern.
Oct 10, 2014 at 08:42 | Source: Reuters
The effort comes as six years of crisis fighting have lapsed with little guarantee the world economy is on a stable footing. Germany is in danger of slipping into recession, China has slowed, and US policymakers are concerned a fresh bout of global weakness will stymie the US recovery as well.
Oct 09, 2014 at 14:58 | Source: PTI
The HSBC Emerging Markets Index (EMI), a monthly indicator derived from Purchasing Managers' Index surveys, stood at 52.5 in September, higher from 52.4 in August. Moreover, on a quarterly basis the EMI averaged 52.2 in Q3, the best since the first quarter of 2013.
Oct 09, 2014 at 08:21 | Source: Reuters
Suma Chakrabarti said the creation of the BRICS development bank and a China-led effort to launch the Asian Infrastructure Investment Bank were a criticism of the existing system for not adapting quickly enough to incorporate new power structures and the needs of emerging markets.
Oct 08, 2014 at 13:20 | Source: CNBC-TV18
However, given that fundamentals of India better placed than Russia and Brazil, Nizam Idris of Macquarie Bank is confident of rupee outperforming against other EM currencies.
Oct 08, 2014 at 12:00 | Source: Reuters
The International Monetary Fund on Tuesday cut its global economic growth forecasts for the third time this year, warning of weaker growth in core eurozone countries, Japan and big emerging markets like Brazil.