India’s medium-term potential growth above 7 pct saysUBS

India’s medium-term potential growth above 7 pct saysUBS

India’s medium-term potential growth is likely to be above 7 per cent, backed by policy reforms, higher investments and stable global growth environment, says an UBS report.According to the global financial services major, India ranks higher in medium-term growth potential compared to other emerging markets like Brazil, Russia, Indonesia and China.For Brazil, the medium-term potential […]

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Japan logs January trade deficit of ¥943.4 billion, dipping into the red for the first time in eight months

Japan’s trade balance swung to a deficit of ¥943.4 billion ($8.9 billion) in January, falling into the red for the first time in eight months after imports rose due largely to the higher cost of natural resources, government data showed Monday.The deficit was still 13.6 percent smaller than the ¥1.09 trillion deficit recorded a year […]

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India aspires to and moving towards a $5 tn economy: PM Narendra Modi

India aspires to and moving towards a $5 tn economy: PM Narendra Modi

Prime Minister Narendra Modi on Sunday reiterated that India aspires to, and is moving towards, a $5 trillion economy over the next few years with sustained, comprehensive and holistic development. Inaugurating the first mega global investors summit, “Magnetic Maharashtra: Convergence 2018” here, he said the country is on the firm path of development simultaneously with […]

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