Arabian Post Staff The proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled since year-on-year. At the same time the proportion of CEOs concerned about their long-term business viability has risen to 45% as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey, published today. The survey, which interviewed 4,702 CEOs across 105 countries and […]
Matein Khalid In the emerging markets financial jungle, fairytales are impossible without the right jungle guide. So when Alejandro A (gringo name Alex), one of my closest friends in life since we first met in New York in J.P. Morgan Chase’s capital markets training program decades ago and now the chairman of his own I-bank in Buenos Aires dissected President Milei’s blueprint for revolutionary energy reform, I […]
MUMBAI/BENGALURU: India’s information technology (IT) leaders have once again sent out a signal that the macro environment is tough and that their clients are spending cautiously. Kicking off the earnings season on Thursday, the third quarter results of Tata Consultancy Services (TCS) and Infosys reflected the slowdown in the global markets. While attrition has been […]
The post IT Leaders Infosys, TCS Kick Off Q3 Earnings Season With Weak Numbers first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Tackling the deepfake issue will require regulations and close industry collaboration as there is no silver bullet for it, Nasscom Chairperson Rajesh Nambiar has said, terming it a “real concern”, especially in a year when several countries are going for polls. In an interview with PTI, the Nasscom chief also talked about continued […]
The post No Silver Bullet To Fix Deepfake Issue; Collaborations Needed: Nasscom first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The United Nations World Economic Situation and Prospects Report 2024 on Friday revised India’s gross domestic product (GDP) growth estimate for the 2024 calendar year to 6.2 per cent, compared to 6.7 per cent earlier. The report stated: “Economic growth in India is projected to remain strong at 6.2 per cent in 2024, […]
The post UN Report Revises India’s GDP Projection Downward To 6.2 Per Cent For 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.
ISLAMABAD: Cash-strapped Pakistan is expected to get USD 700 million as the next tranche of the bailout from the IMF as the Executive Board of the global lender meets on January 11, according to a media report on Tuesday. The board of the Washington-based International Monetary Fund is set to deliberate and potentially grant final […]
The post Pakistan Likely To Get $700 Million From IMF As Next Tranche Of Bailout This Month: Report first appeared on Latest India news, analysis and reports on IPA Newspack.
Matein Khalid If ever there was a year to make money in Big Tech, 2023 was it. My three big strategic calls all outperformed my expectations. Google rose from 85 to 142, Nvidia rose from 150 to 492 and Microsoft rose from 295 to 374. 2024 could well see several emerging markets beat the S&P 500’s stellar 26% rise this year, though the real fairytale has been […]
By K Raveendran It is election year for the Indian economy and the footnote to the robust economic performance would pinpoint the risks of freebies and subsidy politics impacting growth. The pressures are expected to pinch hard from mid-year onwards as the drivers of growth would shift gears down by at least a couple of […]
The post India Set To Clock Highest Growth Rate In 2024 Among Major Economies first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The global oil and gas industry is bracing for a year of significant changes in 2024, marked by a complex mix of supply concerns and economic pressures. In the past year, Brent crude, the international benchmark, experienced a notable decline from its summer highs. This trend was largely driven by an increase in […]
The post 2024 Forecasts A Tumultuous Journey For Global Oil And Gas first appeared on Latest India news, analysis and reports on IPA Newspack.
By Anjan Roy If you have a political bent opposed to the Prime Minister you might just as well sniff a sort of complicity between the Narendra Modi government and the International Monetary Fund (IMF). Particularly in the context of the parliament incidence involving some youth protestors, clamouring for decent jobs, and the cavalcade of […]
The post IMF Report On Indian Economy Is Positive For Modi Government Before 2024 Lok Sabha Polls first appeared on Latest India news, analysis and reports on IPA Newspack.
By Anjan Roy The Indian stock market is looking like unstoppable, for now. The equity markets are scaling new heights and along with that, the investors are reaping riches. The BSE Sensex has increased by close to 1000 points in intra-day trading on Friday. The NSE index has climbed by close to 300 points. The […]
The post Steep Rise In Indian Stock Markets Is Based On Positive Outlook In Both Domestic And Global Economy first appeared on Latest India news, analysis and reports on IPA Newspack.
In 2023, high interest rates caused global equities to fall, depreciating emerging market currencies and slowing global growth. Military conflicts reached the highest level since the Cold War, affecting capital markets. In this article, Octa analysts take readers back to the events of 2023 and explain the underlying patterns along the way. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 December 2023 – In 2023, the […]
MUMBAI: Global markets are abuzz with activity, with their spirits buoyed by the US Federal Reserve’s dovish pivot. With stock prices soaring, the 10-year US Treasury yield — a gauge of risk appetite — has dipped below 4 per cent and investors are recalibrating their expectations, anticipating more aggressive rate cuts than previously forecasted. The […]
The post Markets Soar On Dovish US Federal Reserve, Sensex Settles Atop 70,000 first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Fiscal prudence is the top priority of the government, but won’t compromise on social welfare, Finance Minister Nirmala Sitharaman said on Tuesday, while seeking the Lok Sabha’s nod for additional spending, including Rs 20,000 crore for the jobs guarantee programme, and Rs 16,300 crore for fertiliser subsidy in FY24. The lower house approved […]
The post Fiscal Prudence Top Priority, Economy On The Right Track: FM first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Global trends, macroeconomic data, and the outcome of the US Fed policy meeting are the major factors that will drive the movement in the domestic equity markets this week, analysts said. “In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US. Indian inflation […]
The post Market To Focus On Macro Data, Global Trends: Analysts first appeared on Latest India news, analysis and reports on IPA Newspack.
HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – Today, KGI Asia has released its 2024 Global Market Outlook, which covers Mainland China, Hong Kong, Taiwan, the US, Singapore, and Indonesia. (From left to right) James Chu, Chairman at KGI Investment Advisory and Kenny Wen, Head of Investment Strategy at KGI Asia The chances of a soft landing in the United States continue to […]
NEW DELHI: Amid lingering concerns that the much-delayed private capex cycle may not have taken root yet, Corporate India on Thursday said with capacity utilisation in many sectors being 75-80% if not higher, a strong momentum in private investments was firmly around the corner. Pointing out that fresh investments have already started in many sectors, […]
The post Domestic Factors Conducive For New Capex Cycle: India Inc first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: India is seen as a rising star among Asian peers, besides Indonesia and the Philippines, and is expected to be among the fastest growing economies in the region in 2024, Nomura said on Wednesday. India’s GDP, Numura believes, will expand at 5.7% in 2024. The projection reinforces the popular view of a pause in […]
The post India Will Be Among Fastest Growing Asian Economies In 2024: Nomura first appeared on Latest India news, analysis and reports on IPA Newspack.
HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – ZJLD Group Inc. (“ZJLD” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”; SEHK stock code: 06979. HK), the fourth largest private-owned baijiu enterprise in China, is pleased to announce it has been rated as one of the Top 100 Best ESG Practices among all listed companies in Greater China by Wind, a […]
MUMBAI: Benchmark stock indices Sensex and Nifty settled at new peaks on Tuesday, rallying for the sixth straight session amid massive buying in power and utility sector shares. The 30-share BSE Sensex jumped 431.02 points, or 0.63 per cent, to close at a new record high of 69,296.14. The broader index Nifty also climbed 168.50 […]
The post Stock Markets Hit New Record Highs first appeared on Latest India news, analysis and reports on IPA Newspack.
Matein Khalid Brent crude has fallen to $78 in Asia while WTI is $74 even though the Israel/Hamas war has resumed in Gaza. The bear market in oil has seen 6-weeks of relentless selling in the futures markets and even the latest OPEC+ ministerial meeting failed to convince traders that an additional 900,000 barrel of promised output cuts will offset the tsunami of supply and weak diesel, gasoline and […]
NEW DELHI: Domestic rating agency Icra on Monday said the Indian IT sector’s revenue growth will inch up to over 6 per cent in 2024-25 from 3-5 per cent estimated for the ongoing financial year. The slower growth will have an impact on the hiring plans, the agency said, adding that staff addition will continue […]
The post IT Sector Growth To Inch Up To 6 Per Cent In FY25, Hiring To Be Moderate For 3 Quarters: ICRA first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: The RBI is expected to announce a continuation of its pause on interest rates after the bi-monthly review meeting of the monetary policy committee (MPC) scheduled for December 8. Analysts predict a fifth consecutive pause by the MPC because of stronger-than-expected economic growth numbers. RBI will likely maintain a cautious stance, accompanied by hawkish […]
The post RBI Likely To Stay With Interest Rate Pause first appeared on Latest India news, analysis and reports on IPA Newspack.
By Kunal Bose India’s unreserved opposition to China’s One Belt One Road (OBOR) initiative launched across four continents over ten years ago by President Xi Jinping with great fanfare was given vent to from time to time by powers that be, including prime minister Narendra Modi. More recently, India’s external affairs ministry spokesperson Arindam Bagchi […]
The post Despite Hiccups, Chinese President Xi Jinping’s OBOR Project Making Good Progress first appeared on Latest India news, analysis and reports on IPA Newspack.
