These themes are likely to keep dominating developing economies that collectively account for $30 trillion, or about 34% of global gross domestic product.
The top 5 spots in Bloomberg’s Covid Resilience Ranking climbed about 15% on average, compared with below 2% for the bottom 5 — Mexico, Argentina, Peru, Belgium, Czech Republic.
Chinese exports have been one of the driving forces of the economic rebound & data indicates the country remains well on track to be the only major economy likely to expand this year.
A Biden win and a split government seemed poised to lead to a rise in fiscal stimulus, while damping investor concerns about higher taxes and much tighter regulation.
After 63% rebound, HDFC stock too expensive given the risks related to management change & asset quality as Indian lenders face a challenging phase, analyst Pankaj Agarwal says.
IPO activity is seen picking up after Happiest Minds & Route Mobile lured investors keen to bet on firms expected to gain from adoption of digital services.
Modi government is unlikely to earn the money it had hoped to this year due to Covid. The last thing it needs is slowing down on Rs 2.1 lakh crore disinvestment plan.
If there is bad blood between the CEC and the Opposition leaders, it will shake the people’s faith in election results. It’s the worst thing that could happen to Indian democracy.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
The deal, believed to be paid for by a third nation, will give the Sudanese Armed Forces access to light attack aircraft, engines, armoured fighting vehicles & unmanned aerial vehicles.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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