The Asian Development Bank (ADB) today cut its 2016 growth estimate for India to 7 per cent from the previous 7.4 per cent on account of demonetization, weak investment and agricultural slowdown.
The ADB had, in March last year, projected India’s 2015-16 growth at 7.8 per cent.…
]]>The Asian Development Bank (ADB) today cut its 2016 growth estimate for India to 7 per cent from the previous 7.4 per cent on account of demonetization, weak investment and agricultural slowdown.
The ADB had, in March last year, projected India’s 2015-16 growth at 7.8 per cent.…
]]>Even as global fears that China is slowing keep on growing, Asia still has a lot to be proud of because there seems to be a big rebound in the works in the emerging economies of the South East Asia. The combined GDP of the Asian-5 nations (Indonesia, Malaysia, Philippines, Vietnam and Thailand) is expected to rise to $3 trillion by 2020.…
]]>Even as global fears that China is slowing keep on growing, Asia still has a lot to be proud of because there seems to be a big rebound in the works in the emerging economies of the South East Asia. The combined GDP of the Asian-5 nations (Indonesia, Malaysia, Philippines, Vietnam and Thailand) is expected to rise to $3 trillion by 2020.…
]]>On Monday, the Asian shares surged to one-year highs due to dampened expectations that the US Fed is going to hike the interest rates in the coming months. Disappointing US economic growth data is the main reason investors now have doubts that the federal reserve is going to tweak the interest rates higher.…
]]>On Monday, the Asian shares surged to one-year highs due to dampened expectations that the US Fed is going to hike the interest rates in the coming months. Disappointing US economic growth data is the main reason investors now have doubts that the federal reserve is going to tweak the interest rates higher.…
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