Coronavirus Outbreak: Multi-notch sovereign ratings downgrade likely in 2020 due to sharp fall in oil prices, says Fitch
Fitch said the most common rating category from which multi-notch downgrades have occurred is 'B', confirming weaker sovereigns are more prone to crises.
Mahindra to take control of Ford's India auto business; JV to sell both companies’ cars in country, emerging markets
The JV expects to introduce three new utility vehicles under the Ford brand, beginning with a new mid-size sports utility vehicle that will have a common Mahindra product platform and powertrain.
US becomes equity investors' favoured destination, impact of drone attacks on Saudi oil facilities; all this and more on Moneycontrol Pro
Oil shocks have almost always been ominous for the global economy – not only because of their links to the economy but also because several US recessions have been preceded by a sharp surge in oil prices.
Govt may cap overseas borrowing at $5 bn this year; FPIs’ ceiling on public debt can be raised to attract more fund flows: DBS
The note said the large quantum of net annual borrowings at around $75 billion and the need to manage interest payments justified keeping the market insulated from external volatilities in the past.
WEF 2019 summit: Emerging markets have 20% youths without job, education or training, says IMF chief Christine Lagarde
IMF Managing Director Christine Lagarde said the whole issue of finding future jobs affects women more than men
Indian oil demand, which faced substantial pressures in 2018 because of rising rates and a weakened rupee, is set for recovery next year, Fitch Solutions Macro Research said
Gold pares losses from 19-month low as US dollar softens on reports of Beijing to hold talks with Washington
Spot gold was down 0.2 percent at $1,172.48 an ounce as of 0426 GMT, after earlier falling as much as 1.2 percent to $1,159.96, its lowest since January 2017.
Fed rate hike: US action will slowdown FPI flow to India; RBI will have to shield rupee as currency might get weaker
A weaker rupee would be the next problem to confront for the RBI which will have to intervene in extreme volatile situations to cool the currency
Morgan Stanley signals low investor confidence in India growth story; MSCI EM Asia index down 10% since January
Morgan Stanley said on Thursday that lower return expectations from the Indian stock market are due to persistent growth disappointment of past few years
IMF says unexpected rise in US inflation post-Donald Trump's aggressive fiscal stimulus could unleash financial turmoil
The IMF also said that a hike in inflation in the US could lead the Federal Reserve to raise interest rates faster than has been expected to date,
Market rally decoded: Why once 'fragile' India is getting thumbs up from foreign institutional investors
India's financial markets are rallying and the country's bonds are in demand, offering some of the best inflation-adjusted returns in Asia.
In an interview to CNBC, Rajan said the "good news is some of the fears about the (Trump) administration that it would move immediately to a more protectionist stance haven't played out".
Cab aggregator Uber today said it has roped in former Tata Sons executive Madhu Kannan as Chief Business Officer, India and Emerging Markets.
Fed rate hike: Emerging markets vulnerable to fund outflow but may benefit from strong US, says Moody's
The most direct impact of the US Fed rate hike will be felt in those economies that have high external financing needs
Ford's decision, communicated to its suppliers in July, follows a similar move by General Motors to postpone the launch in India of a new $5 billion family of compact vehicles
HDFC's Parekh also noted that with the present government, large scale corruption has been weeded out
Equity flows were the dominant driver this month, with an estimated $14.6 billion in inflows, while debt flows were more moderate at $10.2 billion
Despite global uncertainties, banking sector issues, the economy stands out in terms of growth as compared to other emerging markets and the Indian financial system remains stable, a report released by Reserve Bank today said.
The risks and weakness in some of the economies have been due to a weak external demand, a challenging business environment, fiscal pressures and poor weather conditions.
At a recent townhall, Apple CEO, Tim Cook revealed that India is Apple's most important growth area for the next decade. And adding to it, the CEO also confirmed that the company is going to open its very own Apple Stores in the country.