Matein Khalid It is no coincidence that the yield on the 10 year US Treasury note plunged 60 basis points to its current 4.34% and the US Dollar index slumped to 103.40 as successive benign October inflation data and dovish central banker comments has led to a pivot in Wall Street interest rate expectations, with the consensus now projecting two rate cuts at the March and May 2024 FOMC […]
MUMBAI: India joined an exclusive group of countries that includes the likes of the United States, China, and Japan after its market capitalisation (mcap) hit the $4 trillion mark on Wednesday. Total market value of all companies listed on the BSE during the day increased by Rs 2.24 trillion, or 0.7 per cent, to Rs […]
The post India Moves To Elite Club Of Nations As MCap Tops $4 Trillion For First Time first appeared on Latest India news, analysis and reports on IPA Newspack.
Landmark decarbonisation move, to be implemented from 1 January 2024, will advance D33 goals and Dubai’s green economy plans DEWA-led initiative will empower industries to pursue net-zero targets by allowing them to set up solar facilities matching their total connected load Saeed Mohammed Al Tayer: The initiative will increase Dubai’s attractiveness for manufacturing investments as it allows industrial players to reduce cost of doing business and achieve […]
By Anjan Roy China’s is staring in the face of a possible financial sector crisis, with its largest privately owned non-banking financial company unable to meet its obligations. Zhongzhi financial company, having widespread exposure to China’s real estate sector, has failed to honour its obligations to its investors and defaulted. As such, the bankruptcy of […]
The post China’s Largest Private NBFC Zhongzhi Fails Leading To Crisis In Financial Sector first appeared on Latest India news, analysis and reports on IPA Newspack.
By Satyaki Chakraborty The results of the general elections in Netherlands held on November 22 indicating the emergence of the far right Party for Freedom (PVV) headed by Geert Wilders sent a shock wave across Europe. PVV became the biggest party in the Netherlands winning 37 of the 150 seats in parliament. Never in Dutch […]
The post Far Right Victory In Netherlands Elections Signals Bad Omen For European Liberals And Left first appeared on Latest India news, analysis and reports on IPA Newspack.
KUALA LUMPUR, MALAYSIA – Media OutReach – 24 November 2023 – As Black Friday approaches, global broker FBS delves into the relationship between the year’s biggest sales season and its impact on the financial markets. The FBS analysts particularly discover the trends of the world’s largest economy – the American. They analyzed reactions across assets and macroeconomic conditions to understand the Black Friday impact better. FBS comments […]
BANGKOK, THAILAND – Media OutReach – 24 November 2023 – As Black Friday approaches, global broker FBS delves into the relationship between the year’s biggest sales season and its impact on the financial markets. The FBS analysts particularly discover the trends of the world’s largest economy – the American. They analyzed reactions across assets and macroeconomic conditions to understand the Black Friday impact better. FBS comments on […]
NEW DELHI: The growth in the country’s NBFC sector is expected to be moderately lower than 16-18 per cent in the current fiscal because of relatively slower expansion on unsecured retail loans due to the recent regulatory measures issued by the RBI, CRISIL Ratings said on Wednesday. Assets Under Management (AUM) of Non-Banking Financial Companies […]
The post NBFCs Likely To See Assets Growth Moderating To 16-18% In FY24: CRISIL first appeared on Latest India news, analysis and reports on IPA Newspack.
BENGALURU: The net leasing of Grade-A commercial office space in India will stagnate this financial year at 32-34 million square feet, with global uncertainties brewing caution among key tenant categories, according to the latest Crisil Ratings report. Major seven cities in India – Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) […]
The post Demand For Workspaces Eases On Global Downturn; Shift To Office Holds Hope first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India’s real GDP growth will rise to 6.5% in 2024-25 from an estimated 6.2% in 2023-24, aided by the government’s pre-election spending in the first half of 2024 and private investment in the later half, global investment firm Goldman Sachs said in a report on Monday. On a calendar year basis, India’s real […]
The post GDP Growth To Rise To 6.5 Per Cent In FY25: Goldman Sachs first appeared on Latest India news, analysis and reports on IPA Newspack.
HONG KONG SAR – Media OutReach – 17 November 2023 – Gaw Capital Partners ranked third in the PERE’s 2023 Proptech 20, with the biggest increase in capital raised among all fund managers globally. In 2023, Gaw Capital has raised US$1,653m over the past five-year period, with a notable increase of US$668.5m compared with last year. The Proptech 20 ranking, compiled by PERE, evaluates firms based on […]
In keeping up with its clarity principle, the international broker Octa clarifies one aspect of trading at a time. Learn everything you need to know about currency trading, simply and transparently. KUALA LUMPUR, MALAYSIA – Media OutReach – 17 November 2023 – In the world of finance, there are many trading markets and assets, each with its own unique features. Today, we will explore the Forex market […]
NEW DELHI: India’s economic growth prospects remain robust over the medium term, with its gross domestic product (GDP) expected to grow between 6 per cent and 7.1 percent annually in 2023-24 (FY24) through 2025-26, S&P Global said in its latest report on Thursday. “Economic growth momentum to continue. India’s economic growth prospects should remain strong […]
The post India’s GDP To Grow 6-7.1% During 2024-2026, Growth Prospects Strong: S&P first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Key global indicators used by the World Bank (WB) to rank the governance of countries are based on subjective opinions by expert institutions which don’t know the context of member countries, Chief Economic Advisor (CEA) V Nageswaran has said. Speaking at a seminar on Multilateral Institutions for the 21st Century by think tank […]
The post World Bank Global Indicators Are Subjective, Says CEA first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India’s consumer price index (CPI)-based retail inflation rate declined for the second consecutive month to a five-month low in October, providing relief to the government on the macroeconomic front as the long festival season is underway. Data released by the National Statistical Office on Monday showed that retail inflation eased to 4.87 per […]
The post Retail Inflation Falls Again In October, Hits 5-Month Low Of 4.87 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.
BENGALURU: Top Indian information-technology (IT) services companies are betting on large and mega deals, which enable them to sharpen their focus on clients, leading to higher revenue, faster growth, and more cost savings in the long term. Typically, IT companies consider deals at or above $100 million as large ones while those at or above […]
The post IT Services Companies Chase Large Deals For Higher Revenue, Faster Growth first appeared on Latest India news, analysis and reports on IPA Newspack.
K Raveendran As real estate prices continue to rise in Dubai, the risk of a cyclical reversal is mounting, rating agency Standard & Poor’s has said in a report. The agency, however, adds that the Dubai developers are well prepared for such a turn of events. S&P estimates that prices will increase 15%-18% in 2023 and by another 5%-7% in 2024 as the Dubai market gradually slows […]
NEW DELHI: Sanjeev Sanyal, member of the Prime Minister’s Economic Advisory Council, thinks given the strengths of India’s macroeconomic fundamentals, its sovereign rating should be “at least two notches higher” than the current level (lowest investment grade). According to him, by around 2030, Indian rupee will be an international hard currency, since many steps have […]
The post By Around 2030, Indian Rupee Will Be A Global Hard Currency: Sanjeev Sanyal first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: After a decent show in Samvat 2079, which saw investor wealth surge by Rs 46 trillion, stock market experts are upbeat about the upcoming Samvat 2080. They believe that despite the volatile global landscape owing to ‘higher for longer’ rates, high bond yields, geopolitical conflicts and elevated oil prices, the mood may continue to […]
The post Consumption, Infrastructure Could Light Up Samvat 2080: Experts first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Strong domestic demand is likely to sustain India’s economy in the near term, said Moody’s on Thursday as it kept the country’s growth forecast for 2023 and 2024 unchanged at 6.7 and 6.1 per cent. “Robust goods and services tax collections, surging auto sales, rising consumer optimism and double-digit credit growth suggest urban […]
The post Domestic Demand To Sustain India Growth In The Near Term, Says Moody’s first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: As Indian markets scaled new highs this financial year, the market capitalisation (m-cap) of 11 companies crossed the Rs 1 trillion-mark over the past seven months, joining the club with 46 others. This is a rise of 19% over FY23. These 11 firms include Adani Power, DLF, Hindustan Aeronautics, Jio Financial Services, Varun Beverages, […]
The post 11 Firms Ride The Market Wave To Join Rs 1-Trillion M-Cap Club first appeared on Latest India news, analysis and reports on IPA Newspack.
Expands Tokyo Portfolio to 11 Locations to Meet Urban Professionals’ Accommodation Needs TOKYO, JAPAN – Media OutReach – 6 November 2023 – Dash Living, Asia Pacific’s leading provider of rental housing, and global investment management firm Schroders with USD $923.1 billion assets under management[1], have jointly completed the acquisition of a strategic seed asset located in Ryogoku to further expand their portfolio in the Japan property market, […]
By K Raveendran A failure by Russia to fulfil its commitment of 300,000 barrels per day of voluntary cut in crude exports as per the understanding with OPEC is likely to cause friction between Moscow and Saudi Arabia, the prime driver of the cartel’s supply control strategy to shore up crude prices. Any problem in […]
The post Overshooting Russian Oil Exports May Cause Friction In Saudi-Led Supply Cut Mechanism first appeared on Latest India news, analysis and reports on IPA Newspack.
Matein Khalid The smoke signals from the FOMC conclave suggests that Jay Powell will not gift the Street a pacifier nor deliver an electric shock, so expect a hawkish pause with no rate hike. The trillion-dollar shrinkage in the Fed’s balance sheet (QT) amplifies the liquidity squeeze since the ECB, BOE, RBA, BOC and yes, even Ueda-san’s BOJ are also slimming down their bloated balance sheets. Is […]
