Like China, India remains a big domestic market, which will continue to attract investment, but the US tariffs will make India unattractive for future investments.
The HSBC India Manufacturing Purchasing Managers' Index (PMI) rose to 58.4 in June from 57.6 in May due to a rise in demand for new orders and growing exports, primarily to the US.
A researcher at the Shanghai Institute of International Studies argues that India has aligned itself with the US since the trade war began, seeking favourable terms to attract relocating industries.
The rebound in growth in December quarter was expected, owing to improvement in govt spending, festival-induced boost to consumption & a sharp increase in non-oil exports.
Govt also revised growth estimates for 2023-24 to 6.5%, up from 6.4% earlier. This means growth in final quarter would have to be at 7.7%, far higher than economy has recently seen.
The first advance estimates peg India’s GDP (Gross Domestic Product) growth at 6.4 percent in FY 2024-25, compared to 8.2 percent growth recorded in...
The latest govt survey of the non-agricultural informal sector shows it shrank between 2015-16 and 2021-22, following which it has been growing both in terms of establishments and workers.
The secondary sector, comprising manufacturing, construction and utilities, was the main reason for the slowdown, but agriculture & services did better than last year.
A decade later, it has become hollow to blame the UPA government or even Jawaharlal Nehru, especially given that the UPA government had a better record on job creation and balanced growth.
The graduation is meant to bolster the legacy and legitimacy of Sheikh Hasina's Awami League, even as the real-world preparedness lagged behind the glossy narrative.
Speaking at 2nd Investor Connect, CM Vishnu Deo Sai says 'we have been able to attract a lot of investors.' The focus of the event was the steel sector.
In largest overhaul of military command in 5 decades, Field Marshal Asim Munir set to assume post of Chief of Defence Forces tomorrow, as Army claims primacy in Pakistan armed forces.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
At this stage of our development, India needs foreign capital. Both FDI and FPI. An insightful column by Shri Aakash Prakash for Business Standard. FPI has been essentially absent for the last five years. The proportion of foreign ownership of Indian stocks at a 15 year low.
At this stage of our development, India needs foreign capital. Both FDI and FPI. An insightful column by Shri Aakash Prakash for Business Standard. FPI has been essentially absent for the last five years. The proportion of foreign ownership of Indian stocks at a 15 year low.