India’s external debt position may be improving - World Bank report
Jan 24, 2017 15:47 pm UTC| Commentary Economy
Report released by World Bank recently showed that Indias external debt position may be improving. The report, shows that India fares much better than most of its Brics counterparts. Within the group of the Brics nations,...
Eurozone economic growth resilient at the start of 2017 - PMI
Jan 24, 2017 15:04 pm UTC| Commentary
IHS Markits Euro Zone Flash Composite Purchasing Managers Index showed that euro area economic growth remained resilient at the start of 2017. Composite Purchasing Managers Index, which is a good overall growth indicator...
Trump signs executive action to withdraw negotiations on Trans-Pacific Partnership deal
Jan 24, 2017 14:52 pm UTC| Commentary Economy
U.S. President Donald Trump on Monday signed an executive action to withdraw negotiations on Trans-Pacific Partnership deal. It was a signal to Democrats and leaders around the world that Trumps rhetoric on trade during...
China's overall copper imports rise in December, trend to continue in 2017
Jan 24, 2017 14:37 pm UTC| Commentary
Chinas copper trade data for the month of December showed that overall copper imports rose in December, posting a solid close to a strong year for Chinas copper market. Details of the report were as follows: Refined...
U.S. Treasuries remain volatile following market uncertainty ahead of President Trump’s speech
Jan 24, 2017 12:46 pm UTC| Commentary
The U.S. 10-year Treasuries remained volatile Tuesday as markets behave in an uncertain way ahead of President Donald Trumps speech scheduled for later in the day. Also, investors remain keen to focus on the upcoming...
India’s Union Budget likely to be balanced, fiscal discipline will remain a priority
Jan 24, 2017 11:45 am UTC| Economy Commentary
In a weeks time, India will present the FY17/18 budget against a challenging backdrop. Apart from a busy state election calendar, there is considerable uncertainty over the impact of demonetization on growth....
Reserve Bank of India likely to lower repo rate in February
Jan 24, 2017 11:39 am UTC| Economy Commentary Central Banks
Indias inflation continued to remain subdued during the month of November, exerting deeper pressure on the Reserve Bank of India (RBI) to undertake to ease policy in the next 2-day bi-monthly monetary policy scheduled to...
U.S. Appeals Court Allows Trump Administration to Enforce Medicaid Funding Ban on Planned Parenthood