How India’s exports can gain from global slowdown

‘If global growth continues to be sluggish, India instead could potentially take a bigger piece of a shrinking pie,’ says Prachi Mishra, managing director, Global Macro Research, and India chief economist, Goldman Sachs.Illustration: Dominic Xavier/Rediff.com We often hear that India is a closed economy, and is insulated from global shocks. Empirical evidence, however, can put both these arguments to rest. […]

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Morning News Call – India, October 17

To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 9:45 am: Junior Finance Minister Anurag Thakur and NITI Aayog Vice Chairman Rajiv Kumar at India Economic Conclave in New Delhi. 12:00 pm: Junior Finance Minister Anurag Thakur at ASSOCHAM’s National […]

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Morning News Call – India, October 16

To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 9:00 am: Indian Banks’ Association Chief Executive V.G. Kannan at IBA Banking HR Conclave 2019 in Mumbai. 10:30 am: Chief Economic Advisor Krishnamurthy Subramanian and NITI Aayog CEO Amitabh Kant at […]

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Morning News Call – India, October 7

(Morning News Call – India edition will not be published on Tuesday, October 8, as markets are closed for Dussehra) To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 10:30 am: State Bank of India Chairman Rajnish Kumar at launch […]

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India's central bank cuts rates by 25 bps as expected

MUMBAI, Oct 4 (Reuters) – The Reserve Bank of India on Friday cut interest rates for a fifth straight meeting, stepping up efforts to kickstart economic growth languishing at six-year lows. The RBI maintained its “accommodative” stance and said it would maintain this position “as long as it is necessary” to revive growth, while ensuring inflation remains within target. The […]

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Morning News Call – India, September 20

To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 9:30 am: NITI Aayog Vice Chairman Rajiv Kumar and Economic Affairs Secretary Atanu Chakraborty at PAFI’s National Forum in New Delhi. 10:00 am: GST Council meeting. Finance Minister Nirmala Sitharaman to […]

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Morning News Call – India, September 6

To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 9:00 am: Junior Finance Minister Anurag Thakur and NITI Aayog CEO Amitabh Kant at ACMA Annual Session in New Delhi. 9:20 am: Chief Economic Adviser Krishnamurthy Subramanian and Principal Economic Adviser […]

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Amazon Opens Its World’s Largest Campus In India’s Hyderabad

E-commerce giant Amazon opened its only owned campus outside United States in India’s Hyderabad, which is also its single-largest building globally. The move is part of its expansion plans in the country as the competition intensifies with Walmart, which last year bought India’s largest e-commerce firm Flipkart. The new Hyderabad facility is spread across 9.5 acres. The facility can accommodate […]

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