Moody’s Investors Service on November 19 revised India's growth forecast to (-) 10.6 percent for the current fiscal, from its earlier estimate of (-) 11.5 percent. The revision came after the latest stimulus which prioritises manufacturing, job creation, and focuses on longer-term growth. … [Read more...] about Moody’s ups India’s growth forecast for FY21 to (-) 10.6%
Inflation and economic growth
A section of analysts are of the opinion that apart from giving a chance to European investors to park their funds at a remunerative rate, as their own central banks are offering even lower rates, the mad rush to the Chinese debt instrument depicts the “robustness of the Chinese economy amid [the] pandemic”. … [Read more...] about European Interest in China’s Low-Yield Bonds Speaks Volumes About Its Economic Robustness: Analysts
BJP seem to have forgotten that they have been elected with the support of middle class and lower middle class people and sorry to say that they have been not only fooled but betrayed , please remember you will not be ruling India forever and will have face elections again … [Read more...] about Govt should come down hard on cronies, says Mohandas Pai
Mergers and acquisitions (M&A) have become an effective capital mobilisation channel, he added, helping to diversify investment sources for the Vietnamese economy, accelerate economic restructuring and the renewal of the growth model, and bring variety to the types of business ownership. M&A has become the shortest way for foreign companies to penetrate and enlarge their footprint in the Vietnamese market, with high efficiency and reasonable costs. The Vietnamese M&A market has reported robust growth with thousands of transactions worth nearly $50 billion over the past decade. … [Read more...] about A constellation of benevolent factors for M&A activity
"It's impossible to pin an exact number to that [of how likely it is to happen]," Prof. Ilzetzki says. "At the moment, I see no major reason for concern. Italy has the advantage that much of its debt is held domestically in its pension system and its own banking system. That has its own risks but it at least shelters it from any market panic on its debt. But there could be surprises there are as anywhere else. I wouldn't put it as a high probability but those would be the major risks I'd be looking at." … [Read more...] about The World Is $277 Trillion in Debt So Why Aren’t Economists More Worried?