Trinh D. Nguyen (Natixis) | In response to this, the government announced the first round of stimulus of 0.8% of on-budget cash-handouts to help vulnerable population cope. Additionally, monetary easing also helped through broad and targeted measures.
Not everything is rallying this year. India is down, which is interesting as it is a perennial favourite with international investors. Mark Tinker, Head of AXA Framlington Equities in Asia, is concerned “notably” concerned about the extent and composition of India’s growth compared to China as well as the fact that since 2013 the Chinese currency has depreciated 8% against the US Dollar while the Rupee has dropped 31%.
If you thought social media’s challenge was limited to the US, then look further. Facebook, Twitter and Google face additional challenges while dealing with India. Their ability to stay relevant and monetize is based on three factors: a) the size of their user base; b) user interaction rates with the platforms; and c) how many users trust these platforms?
S. Ramakrishna Velamuri via Caixin | A leading Indian business daily reported on March 6 that Chinese corporations had made investments of $5.2 billion in Indian early- and growth-stage companies in 2017, and the figure for the first two months of 2018 had already crossed $1 billion.
Excepting the high speed trains involving the so famous La Meca-Medina contract in Arabia Saudi, and despite authorities and the industry itself have been trying for decades, Spain has been unable to sign even a single high-speed sales operation. This is not, however, the official discourse of any of them.
Initial figures relating to India’s demonetization indicate that some $80 billion of old bills have been handed into the banks to be exchanged for new ones. The objective of this exchange is to reduce money laundering and the black economy, which will increase the amount of tax raised and favour the banking sector’s penetration in the economy in the medium-term.
Caixin | As two of the most significant economies driving global growth today, commentators often compare the emerging market behemoths, China and India. In recent times, the two countries have eclipsed Brazil, Russia and South Africa, their BRICS counterparts, in terms of economic growth. However, there are significant differences between the two Asian economies.
LONDON | May 1, 2015 | By Asoka Wöhrmann, Chief Investment Officer at Deutsche AWM | The stock markets in India and China both still have potential. But arguments for investing in India are currently more convincing.
BANGALORE | By Srikanth Vasuraj | Coming from a non-believer this is a big change when I say that I am actually glad that Mr. Narendra Modi has taken over the helm in India. He comes across like a breath of fresh air, speaking the language that people of India have been dying to hear for a long time. This is probably one of the reasons why he won with such a huge mandate. But now that the dust of elections has settled and having been in the hot seat for around six months, the honeymoon period is over and people are eagerly looking forward to delivery on all those promises. The people of India have delivered. Now its his turn.