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Bhubaneswar: Praising India and the European Union (EU) for signing the trade agreement, World Bank Group president Ajay Banga Thursday said emerging markets like India are extremely crucial to world trade. “I think all trade deals are important. In the last 20 years, global trade quadrupled, but the share of the emerging markets also doubled…
Asian markets traded in green on Friday, as investor sentiments improved due to stronger US economic indicators and easing ties between the EU and US as Trump withdrew tariff threats for the bloc. In Hong Kong, the HSI inched 158 points or 0.6% to 26,788. Japan’s Nikkei also jumped 193 points or 0.36% to 53,882….
MUMBAI: RBI deputy governor Poonam Gupta has responded to recent IMF comments questioning the quality of India’s growth data and classifying the rupee’s exchange rate regime as a “crawling peg” within a managed float system.On the concern regarding data quality, Gupta said that the IMF’s critique is more procedural than substantive. “The point that they’re…
India has emerged as one of the standout opportunities for global investors assessing prospects for 2026, according to Goldman Sachs Asset Management’s Investment Outlook 2026. The report places emerging market equities at the centre of potential gains next year, supported by easing inflation trends, a softer US dollar and improving earnings performance across developing economies.Within…
Paul Gruenwald, global chief economist at S&P Global Ratings, was in India last week. In an interaction with TOI, he spoke on a range of issues from the state of the US economy, the impact of tariffs on the global economy to India’s strong economic growth. Excerpts: How do you look at global economy, given…
India’s share valuations continue to remain elevated despite the underperformance. (AI image) Expressing confidence in the Indian stock markets, Goldman Sachs has raised its rating to ‘overweight’ and set a 29,000 level target for Nifty50 by end-2026. The latest Goldman Sachs report suggests a potential increase of approximately 14% from Friday’s close of 25,492.The firm…
