World services trade activity likely to remain soft in Q1 2023
The slowdown in major economies may impact services trade activity, as per the latest WTO Services Trade Barometer.
economic slowdown
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India needs to remain defensive in monetary, fiscal response to global tightening: Douglas W Diamond
“Inflation in India is in reasonably good shape right now, compared to the rest of the world,” says Diamond, who won this year’s Nobel Memorial Prize in Economics.
FY23: Race for Record Auto Sales
Price hikes and higher interest rates have failed to come in the way of India's love for cars.
Stimulus 3.0 and India’s growth mantra
The latest stimulus package announced by finance minister Nirmala Sitharaman shows a movement from the safety net approach to an investment and growth push.
Gold loses lustre as Covid-19 takes a toll
A World Gold Council report says global demand for gold has taken a beating, falling by as much as 19% in the third quarter of this year.
Moody’s India downgrade is not unexpected: BofA Securities
While the rating agency downgraded India’s sovereign rating, BofA Securities’ economists see the present downturn as cyclical rather than structural; say fiscal stimulus is critical for recovery.
Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
The smarter the better
Despite the stress in the telecom space, call drops, and a sputtering economy, it’s been mostly smooth sailing for the upper end of the smartphone industry in 2019.
Markets are yet to bottom out
Analysts with varied views have the 2008 global financial meltdown as the nearest comparable to the Covid-19 pandemic. But they are agreed on one thing: the need for caution.
China’s road to recovery could be lengthier
Weak external demand and people’s high level of vigilance against a possible ‘second wave’ of infection seem to drag on the recovery of the Chinese economy, says the Pictet Group.
