World goods trade may remain below trend in Q4 2019: WTO
The forecast does not augur well for India as the country's exports contracted for a third month in a row in October by 1.11 per cent to USD 26.38 billion.
Private banks, large NBFCs should continue to do well: Dhiraj Relli, HDFC Securities
In an interview with ET Wealth, Dhiraj Relli, MD and CEO...
Why India needs to rethink its decision to opt out of RCEP
There was a fear that there would be a surge in imports from China. There is a pro...
Some e-retailers indulged in predatory pricing: Piyush Goyal
"I would like to highlight the adverse impact of predatory pricing indulged by some e-commerce players which adversely impact millions of small retailers. It is important for e-commerce to follow the letter and spirit of the law," Goyal said at the BRICS trade ministers meeting. He further added that the need of the hour is to develop digital infrastructure.
Survey claims almost all cos optimistic about growth from 2020
Companies are buoyant about the prospect of entering new markets, getting high-quality suppliers and plans to invest in technologies that will pave the way for new products and services.
Trade wars to impact flow of capital, goods and services: Sitharaman
Finance Minister Nirmala Sitharaman said because of increased geopolitical uncertainties and high accumulated debt levels, the trade war will ultimately impact the flow of capital, goods, and services.
FIEO delegation to explore business opportunities in Africa
Trade between Africa and India has increased more than eight-fold from $7.2 billion in 2001 to $62.5 billion in 2018, making it fourth-largest national trading partner, accounting for more than 6.4 percent of total African trade in 2018.
India's aim of being a $5 trillion economy 'challenging' but 'realisable': Nirmala Sitharaman
Delivering a lecture at Columbia University, Sitharaman indicated that Indian economy has been on growth trajectory even since the Modi govt came to power. She also emphasised that a $5 tn economy will make India a global economic powerhouse.
Brexit deal taking too long, tariffs are ‘new normal’, says N Chandrasekaran
Protectionism is here to stay and tariffs will be the buzzword in the new business zeitgeist, says the chief of the Indian giant that owns JLR. Although the marquee car brand reels under Brexit uncertainty, there is no plan to sell it, he adds.
Rupee may continue to remain weak on volatility in global markets
Outflow of foreign funds has also hampered the movement of rupee.
Business economists foresee slowdown in US growth
For 2020, the forecasters expect GDP growth to fall to 1.8%.
RCEP: Why India should not succumb again to the export pessimism of licence raj days
By continually protecting its inefficient companies, India is eliminating the market competition that winnows out struggling businesses and rewards companies like Bajaj. Shielding weak and outdated manufacturing from foreign rivals will cause long-term harm to India’s industrial ambitions and the Make in India plan.
India has no extraterritorial ambition, will fulfil regional and global security obligations: Bipin Rawat
Rawat also said instability in energy-rich West Asia has the potential to significantly increase global tensions and trigger unrest and that the tension between the US and Iran was "worrisome".
Backlash could cost Xi Jinping's belt and road $800 billion, report says
The most pessimistic scenario is investment might only reach around $560 billion, as per a report.
View: Donald Trump’s trade wars may turn out to be political suicide
Donald Trump is the overwhelming reason for the global economic downtrend.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service