Emerging Economies

Economic growth was essential for poverty reduction, as well as creating government revenues to use for fiscal space, social safety nets and the provision of public goods, said Carmen Reinhart, the World Bank’s chief economist.

11 Indian universities in top 100 for emerging economies

Only China has more universities than India in the top 100 at 30 from a total of 47 countries and territories included in the analysis released in London on Tuesday evening.

Chart of the Day | Survey shows global fund managers are flocking to emerging market equities

Hopes of a US-China trade deal lead to optimism on global growth

India likely to be less affected by global economic shocks: IMF

"That's why we think India will be, I'm not going to say immune, but less affected than other emerging economies if there's a further shock to the global economy, including a general global slowdown," Cashin said.

India's 'dynamic economy' to grow at 7.7%: UN

It said demonetisation undertaken in India will have a "significant impact" on consumer spending in the short term but the country's economy will return to the about 7.6-7.7 percent growth.

India to have highest salary increase in Asia Pacific in 2017

A report by Mercer has forecast a 10.8 percent salary increase in India and 9.2 percent in Vietnam in 2017.

Want to bet on high GDP growth? Buy these: Enam

Equity markets have rallied globally and this has helped Indian stocks as well, says Sridhar Sivaram of Enam Holdings. "The domestic picture seems to have improved and that has helped as well."

Expect topline growth of Rs 300 cr in FY17: Meghmani Organics

Soparkar expects the company's topline to grow by Rs 300-350 crore in FY17 and an additional Rs 350 crore in FY18.

Emerging market challenges unlikely to be overcome quickly: ECB

ECB President Mario Draghi has repeatedly cited subdued growth in emerging market as a drag on the euro area recovery and one of the reasons underpinning its ultra-easy policies.

IMF implements long due quota reforms

The reforms by International Monetary Fund (IMF) represent a major step towards better reflecting in the institution's governance structure, the increasing role of dynamic emerging market and developing countries, IMF said in a statement, adding that this will reinforce its the credibility, effectiveness and legitimacy.

BOJ blames EM slowdown for weak capital spending

Many in the nine-member board also agreed that the central bank shouldn't hesitate to expand its massive stimulus program further if risks heightened enough to discourage firms from raising prices and wages, according to the minutes.

India ranks 4th in black money outflows per annum: Report

The illegal capital outflows stem from tax evasion, crime, corruption and other illicit activity, the report said, according to which a record USD 1.1 trillion flowed illicitly out of developing and emerging economies in 2013, the latest year for which data is available.

India's confident investors ready for a Fed rate hike

Today, two years into the term of Reserve Bank of India (RBI) Governor Raghuram Rajan, the rupee has shrugged off its taper tantrum, inflation is tamed, and India has lifted foreign investment limits to confidently face the Fed's first rate rise since 2006.

Nifty rebound: Bears may still have upper hand in near term

While retaining his Sensex fair value target of 28000 by March, Saurabh Mukherjea, CEO of institutional equities at Ambit Capital, cautioned that the index slipping to 22000 is a distinct possibility.

Rupee outperforms most emerging market currencies: Ind-Ra

Ind-Ra said it believes that with limits opened up on central and state government bonds, the corporate space will see marginal under performance with absolute yields likely to stay soft.

EM turmoil flashes warning lights for global economy

Released ahead of the annual meetings of the International Monetary Fund and World Bank in Lima, Peru, the index paints a much more pessimistic outlook than the fund is likely to predict later this week.

Near-term growth prospects remain favourable in India: IMF

With balance sheet strains in the corporate and banking sectors, financial sector regulation in India should be enhanced, provisioning increased, and debt recovery strengthened, IMF report said.

Upside to continue for crude oil in the near term

A possible deal with Greece and falling inventories can support crude oil prices at higher levels.

'Digital technology can add $101 bn to India GDP by 2020'

The increased use of digital technologies can boost productivity for the world's top 10 economies and add $1.36 trillion to their total economic output in 2020.

Mark Mobius says emerging market rout is bottoming out

Mobius, who oversees around USD 47.3 billion in countries from China to Argentina, said that, compared with developed economies, emerging markets still have higher economic growth, growing foreign reserves and lower total debt relative to gross domestic product.

Is JLR too dependent on growth in emerging markets?

JLR is accelerating ahead like no other. Plans for 20-25 new models are said to have been drawn up. But how far they go will depend on how far the emerging economies continue to emerge.

Lessons in Capital Flows from the best in business

Whether it is Lehman or quantitative easing or tapering for that matter, a fact of globalization is global inflows and outflows of funds can have huge destabilizing effects on all economies.

Emerging economies should make exchange rates flexible: IMF

Billions of dollars have left emerging markets since May, when the US Federal Reserve first said it may need to begin reducing its USD 85 billion monthly bond-buying programme, which would deal a blow to emerging economies saddled with large current account deficits.

EMs seek savers at home as foreign money drains away

Ewen Cameron Watt, chief investment strategist at the Blackrock Research Institute, says it was the crises of the 1990s that kicked off reforms in Mexico and Malaysia, both of which now have big domestic investor bases.

Chidambaram questions IMF's growth projection calls

Chidambaram further said that although the Fund has taken various measures to strengthen its surveillance activities, particularly with regard to spillovers, there was need for further reflection on it so that it could better foresee the significant global macroeconomic developments.