India has one of the lowest and "most competitive" airfares in the world despite high cost of planes and fuel, Union Minister Jayant Sinha said on Wednesday. "These are the two most important costs for an airline. Our taxes are also quite high," said the ... Deccan Herald, 1 week ago
The global economic order is expected to shift from advanced to emerging economies over the next few decades, and by 2040 India could edge past the US to become the world's second largest economy in purchasing power parity (PPP) terms, says a report.One India, 1 month ago Indian economy projected to overtake US by 2040: PwC report Business Standard, 1 month ago "Indian economy projected to overtake US by 2040" Money Today, 1 month ago
By Jamie McGeever LONDON (Reuters) - In an attack on Germany, U.S. President Donald Trump's top trade adviser said the euro was "grossly undervalued", a charge which may ring true for the German economy but not for the 19-member currency zone as a whole. The ...Sify, 1 month ago
Determining the direction of the dollar in Trump's America will be more critical for asset allocation than getting your call on interest rates right, says Akash Prakash. Illustration: Dominic Xavier/Rediff.com Probably the biggest decision for investors in 2017 is determining the direction of the US dollar. Even more than getting your call on interest rates right, predicting the direction and trajectory of the dollar will be critical for asset allocation. Entering the year, the currency ...Rediff.com, 1 month ago
'We need to put aside our anxieties about the Budget for now and possibly for long, and carry on as best as we can,' advises Shreekant Sambrani.Illustrations: Uttam Ghosh/Rediff.com The Big News about the Budget for 2017-18 that Mr Arun Jaitley presented in Parliament on February 1 is that there is no Big News. Sure, it broke some new ground, such as advancing the date of presentation to the start of February from the end of the month, took into its fold the hitherto separate Railway Budget ...Rediff.com, 1 month ago Rediff Q: Will this Budget be a gamechanger? Rediff.com, 1 month ago
'Trump's anti-trade, anti-immigrant rhetoric reminds me of Chinese history,' says A V Rajawade.Illustration: Uttam Ghosh/Rediff.com Since the 2008 crisis, global trade growth, in absolute terms and also as a percentage of the global output, has been uneven and well below the trend line of the previous three decades. Global trade registered a sharp fall in 2009. But there was a revival in 2010 and 2011, and stronger growth in the following three years. Trade has registered a drop in 2015, ...Rediff.com, 2 months ago
Posted by Equitymaster Asian markets are lower today. The Nikkei 225 is down 1.07% while the Hang Seng is down 1.13%. The Shanghai Composite is trading down by 1.42%. Stock markets in the US & Europe ended their previous session on a positive note. Meanwhile, ...Equitymaster.com, 2 months ago
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