Irrespective of what the Indian policy makers do to lift the economic activity, any monetary tightening action by the US leads to a contraction of output in India, a Reserve Bank of India paper said. Citing historical data, the researchers from the Indian central bank said the impact of the US tightening may be felt … Read more
Gizmore Vogue smartwatch price in India: Gizmore, a fitness gear and home audio brand, has launched the Vogue smartwatch. The company said that it is targeting fashion-conscious millennials with the smartwatch. The Gizmore Vogue smartwatch comes with a large 1.95-inch HD display that offers a resolution of 320X385 pixels. The smartwatch will be available on … Read more
India has an opportunity to integrate more deeply into the global supply chains as more foreign investment is being redirected to it amid tensions between the United States and China, Asian Development Bank (ADB) president Masatsugu Asakawa told ET in an interview. He lauded the government for rightly placing emphasis on infrastructure investments and economic … Read more
I do not think the animal spirits in the private sector have gone down. I do not think the risk-taking ability of Indian entrepreneurs is low. At the opportune moment, you will see the capacity building happening.” says Sanjiv Mehta, CEO, Hindustan Unilever Ltd. at the ET CEO Roundtable. [Disclaimer: This story was automatically generated … Read more
Bengaluru: The global economic outlook has improved in recent months, but uncertainties still remain, RBI Governor Shaktikanta Das said on Friday as he called upon G20 nations to resolutely address the challenges, including debt distress and threats to financial stability, confronting world economies. Addressing the inaugural session of the meeting of G20 finance ministers and … Read more
Finance Minister Nirmala Sitharaman on Friday highlighted rising debt vulnerabilities in many developing countries and sought views from G20 member nations on ‘multilateral coordination’ for managing the burden. Speaking at inaugural session of the G20 finance ministers and central bank governors (FMCBG) meeting, Sitharaman also sought views on how multilateral development banks, like the IMF … Read more
Elevated interest rates in key economies and a shortage of semiconductors in sectors such as automobiles and computers dragged down India’s foreign direct investment (equity) inflows by 15% until December this fiscal year from a year before to $36.75 billion, senior industry ministry officials said. However, a large number of FDI proposals are in the … Read more