Washington, April 16 (IANS) India’s economy is expected to remain resilient even as global growth slows amid war-driven disruptions, with strong fundamentals helping it outperform most economies, the International Monetary Fund’s Managing Director Kristalina Georgieva has said. “Look at India today. India’s growth is more than two times higher than the average global growth,” Georgieva said at a press briefing during the IMF Spring Meetings on Wednesday (local time).She attributed Indi…
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Mumbai, April 1 (IANS) India’s equity markets are likely to offer strong alpha opportunities in FY27 despite the ongoing West Asia conflict, supported by sectoral divergence, resilient macro buffers and potential recovery in foreign flows, a new report said on Wednesday.According to Motilal Oswal AMC, the escalation in the West Asia conflict has introduced uncertainty around oil prices, inflation, currency movement and FY27 earnings estimates, and also created a fertile ground for stock-specif…
New Delhi, March 27 (IANS) Iran’s plan to establish a safe corridor in the Strait of Hormuz has been met with reluctance from China, even as the country along with “Asia’s major economies facing serious issues amid disruptions in shipping traffic,” a new report has said.The report from Turkey-based Anadolu Agency said Chinese vessels largely avoided the safe corridor provided by Tehran for 10 days.Tehran announced on March 13 that it would monitor ship movements in a corridor between the Lar…
New Delhi, March 11 (IANS) The US-Israel war on Iran has come as a big economic jolt for Bangladesh as the nation is heavily reliant on imported fuel and remittances from workers in the Middle East, according to a report in the Dhaka-based The Daily Star newspaper.According to economists, the crisis due to the war risks setting off a chain reaction: rising energy prices, disrupted trade flows, weakened export competitiveness, turmoil in the migrant labour market and remittance inflows, higher in…