Global Slowdown

Going negative? As US-China trade war rages, central banks ponder radical steps to shield economies

The US-China tariff war has hurt global supply chains and manufacturing activity, slowing growth in export-reliant Asian economies

World luxury residential prices grow at snail’s pace in Q1; Delhi ranks 7th, Mumbai 31st on global list: Report

Three Indian cities make the cut in the Index. Delhi ranks seventh as prime property price grew by 5.8 percent on 12-month and 4.4 percent on a 3-month basis.

Weakening domestic growth impulses prompted RBI governor Shaktikanta Das to go for rate cut: Minutes of MPC meet

On 4 April, the RBI had reduced the repo rate, or the rate at which it lend to banks, by 25 basis points to 6 percent — the lowest level in one year — on softening inflation.

India grabs most of foreign inflows into Asian equities in March on optimism over upcoming general election

Overseas investors bought $4.96 billion worth of Asian shares in March, data from stock exchanges in South Korea, Taiwan, India, Thailand, the Philippines, Indonesian and Vietnam showed.

Paul Krugman warns of global recession by year-end, says absence of effective response during slowdown main concern

Speaking at the World Government Summit in Dubai, Paul Krugman said it was unlikely that just "one big thing" would prompt an economic downturn.

US warning of communal violence ahead of LS polls worrying, but singling out India amid global rise of hate crime is a stretch

The US ODNI intelligence singling out India, warning communal violence ahead of General Election to Lok Sabha, may indicate a certain bias, but a global rise of hate only makes that threat more serious, not less

Globalisation 4.0 developments, 5G to bring growth for Indian IT sector in 2019, says Tech Mahindra CEO Gurnani

According to Gartner estimates, India's IT spending will grow by 6.7 percent in 2019 to $89 billion.

Rupee rises 29 paise to 71.15 in early trade on high selling of US dollar by exporters, banks

At the Interbank forex market, the rupee opened higher at 71.19 and advanced further to quote 29 paise higher at 71.15 against the dollar.

Foreign trade policy review: India should address problems of competitiveness urgently, set an export target

A review of foreign trade policy without setting an export target is a bit like a finance minister working on a budget without targeting a short-term or long-term GDP growth rate.

NPAs impact banking system: Bad loan issue is top priority for govt, says Arun Jaitley

NPAs is not an insurmountable problem, Jaitley said