New Delhi, June 26 (IANS) Commerce and Industry Minister Piyush Goyal on Friday launched the third edition of credit rating agency CareEdge Global’s flagship report, “Sovereign Ratings: A Fresh Perspective” at an event in London.Speaking at the launch, Goyal said, “Such research-driven publications play an important role in enhancing understanding of sovereign risk dynamics and the evolving global economic landscape. It is important to have a dialogue on the sovereign risk assessment fra…
Latest Emerging Markets News & Updates
New Delhi, June 22 (IANS) As Morgan Stanley Capital International (MSCI) is expected to announce its rejigged MSCI India Standard Index on August 12, the review will result in passive inflows into Indian equities at an estimated Rs 30,214 crore, a new report has said.Laurus Labs and Biocon are emerging as the strongest contenders for inclusion in the new index, which is expected to take effect from August 31, the report from JM Financial said.The brokerage has assigned a high probability of Laur…
New Delhi, June 22 (IANS) Easing Middle East tensions and recent policy measures by the Reserve Bank of India and the government have eased near‑term stress on the Indian rupee, a report said on Monday.The report from Elara Securities said the domestic currency could appreciate against the American dollar in H1 FY27, as current account pressures reduce and flows improve, keeping the rupee oscillating within a 93‑95 range.If the US Federal Reserve raises rates, as expected with a 50 basis‑p…
New Delhi, June 18 (IANS) Industry body Nasscom and the Office of the United Nations High Commissioner for Human Rights’ (OHCHR) B‑Tech Project urged that AI governance move from high‑level principles to practical, human‑rights‑based implementation, a statement said on Thursday.Nasscom and OHCHR B-Tech Project convened the ‘AI Governance Dialogue for Global Majority: India Consultation’ here. The closed-door, high-level consultation brought together senior leaders from industry, st…
Mumbai, June 14 (IANS) The Indian stock market is likely to remain driven by global cues in the coming week, with investors closely watching the US Federal Reserve’s policy meeting, developments surrounding a potential US-Iran peace agreement and trends in crude oil prices.Benchmark indices ended the previous week on a positive note, breaking a two-week losing streak amid improving investor sentiment.The Nifty gained 1.10 per cent to close at 23,622.90, while the Sensex rose 1.73 per cent to set…
Washington, June 11 (IANS) The conflict in the Middle East is emerging as a major economic threat to South Asia through rising oil, gas and fertiliser prices, with the World Bank warning that the region is among the most exposed to the fallout from the crisis despite remaining the world’s fastest-growing economic region.The World Bank’s latest ‘Global Economic Prospects’ report projects South Asia’s growth to slow from 7 per cent in 2025 to 6.3 per cent in 2026 as higher energy costs, inflationa…
New Delhi, June 2 (IANS) Indian equities are poised for a strong growth phase over the coming years despite recent underperformance against emerging markets, according to a report by Morgan Stanley, which said improving earnings growth, rising investments and supportive macroeconomic conditions continue to strengthen the long-term outlook for the domestic stock market.In a strategy note, Morgan Stanley analysts Ridham Desai and Nayant Parekh said Indian equities have delivered their weakest trai…
Gandhinagar, May 16 (IANS) The intra-BRICS merchandise trade has risen thirteen-fold, from $ 84 billion in 2003 to $ 1.17 trillion in 2024, outpacing the growth in global trade and contributing to greater resilience and diversification for member countries, Rajesh Agrawal, Commerce Secretary said on Saturday.Speaking at 2nd meeting of the BRICS Contact Group on Trade and Economic Issues (CGETI) here, the top government official underscored that BRICS has continued to grow stronger and has emerge…
New Delhi, May 6 (IANS) India has earned an endorsement from one of the world’s top credit rating agencies, with Moody’s Ratings placing the nation among the most resilient large emerging market economies over the past five years, which is a recognition that comes at a time when global financial markets remain on edge over trade tensions and geopolitical uncertainty.In a recently released report, Moody’s said India ‘better placed’ than most of its emerging market peers to absorb future global sh…
Washington, April 16 (IANS) The global economy is set to slow in 2026 as war-driven disruptions in energy supplies and trade routes push up prices and dent growth, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said, warning of tougher conditions if the conflict persists. “Even if the conflict is short-lived, extensive infrastructure damage and supply-chain disruptions are pushing prices up and slowing global growth down from 3.4 per cent last year to 3.1 per cent in …