After 2025, the US contribution to global growth is expected to be slightly lower than that of China. India’s contribution is forecast to be in third place, but it will be far lower than that of the US and China. The two biggest economies—the US and China—are expected to contribute more than 40 percent of world growth between 2026 and 2028
The Mahindra Group chief economist was reacting to IMF managing director Kristalina Georgiva’s lowering of world GDP growth projections. He, however, said in such a scenario, a faster-growing large economy like India will gain greater importance
Chinese government is in a Catch-22 situation with protestors calling for opening up the economy and rising Covi cases preventing it to do so. Both cases are bad for the economy and markets.
Households around the globe accumulated the excess by the end of the first quarter of this year, according to estimates by Moody’s
International Monetary Fund Managing Director Christine Lagarde said that the global economy has reached a turning point, even though uncertainties remain.
IMF downgrades FY16 global GDP forecast to 3.4% The International Monetary Fund (IMF) says India will grow at the fastest among emerging economies.
JP Morgan is currently overweight on India and China and feels a slight correction will present a good entry point.
Angel Broking has come out with its report on Information Technology (IT) sector update - March 2013. The research firm expects TCS and HCL Tech to lead the growth in tier-I IT pack by growing higher than the industry average in FY2014 and recommends accumulate rating on TCS and HCL Tech with target price of Rs 1,624 and Rs 875, respectively.
Morgan Stanley said it prefers exposure to gold, silver and livestock in the coming year, as such commodities perform well in a global economic slowdown.
Asian countries will not become high-income economies unless domestic demand is made a main driver of growth, the president of the Asian Development Bank said on Monday.