The report suggests that computers and electronics exports from Vietnam, India, and Taiwan to the US witnessed the steepest growth during this period with a CAGR of 42%, 38%, and 27%, respectively.
Titled the 'Global Credit Outlook 2024: New Risks, New Playbook,' the report expects the country to be the fastest-growing major economy in the next three years.
The Indian economy will grow at average real GDP growth of 6% from 2022-2030. It replaced the U.K. to become the world’s fifth largest economy in terms of market exchange rates in March-end.
Indian equity markets have witnessed upswing post the U.S. and Bihar elections, and improved risk sentiment has invited higher capital flows.
Refinitiv’s global head of industry and government affairs, Sherry Madera, talks to Fortune India on the outcome of the U.S. elections, India's stimulus package, and bond markets.
Nevertheless, market participants still need to negotiate volatility, says the report.
Here’s how the key indices moved in a year marred by a slowing economy, rising crude oil prices, and trade tensions between the U.S.and China. But FPI flows were a bright spot.
By acquiring developed market firms, emerging market companies can gain ready access to strategic resources such as technologies, management processes, distribution networks, and global markets.
With an average prediction of 300-plus seats for the incumbent National Democratic Alliance, the exit polls have pushed the Sensex and Nifty upwards, but the fundamentals continue to be challenging.
The overhang of debt of many emerging countries could potentially spark off another crisis in the global economy.
