The plan to add more Chinese and Indian stocks will help Thailand’s Government Pension Fund diversify its equities portfolio, and earn better returns in developing and resilient economies.
The case could be closely followed by European steel industry & push conversions to greener steelmaking. Sector accounts for about 7% of carbon emissions globally & is difficult to decarbonise.
While kicking it off would indeed cause severe pain to Russians and the Russian economy in the short term, it also could be too much of a shock to a Western-led payment system.
Grants of Rs 19,500 crore are being added to spur local equipment production, while there’ll also be a 40% tax on imports of solar modules and 25% on cells from next fiscal.
The Emiratis prevented Iranian-backed rebels, Houthis, from capturing Yemen's south during the civil war. Now, Houthis may have ended UAE's hopes of a return to business as usual.
Investors had been betting that Sitharaman would unveil a path toward inclusion of debt in global indexes, which would bring foreign inflows. But that didn’t materialise.
The tweak, effective from 1 April, comes as India seeks to keep its data within its borders as well as stoke a boom in online payments, e-commerce and quantum computing.
By the time Modi’s Gati Shakti plan charges up the transportation sector, today’s young workers would be middle-aged. Missing out on a generation would be a tremendous waste.
Move comes after FM Sitharaman sharply reduced asset-sale targets at budget announcement, raising questions about how much she plans to raise from the LIC IPO.
For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.
SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.
Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.
How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?
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