News Agency News Aggregator Journalist/Editor Broking House Others
Deccan Chronicle Ø FPIs turn net buyers, infuse Rs 1,841 Cr in first half of September Ø Rubber futures hit Six-month low Ø Man-made yarn imports up multi-fold in July Ø Kharif crops to keep agri-GDP at 3 per cent
"Every USD 10/barrel increase in crude prices leads to an additional USD 12.5 billion deficit, which is roughly 43 bps of the country's GDP. So, every USD 10/barrel increase in crude price will shoot up the CAD/GDP ratio by 43 bps," - RBI Study
#Digital businesses are estimated to be 60% of GDP by 2022. Here’s a look at the industries where #digitaltransformations are taking place. . @NaspersVentures .
GDP growth, 2019 India: 7.3% China: 6.3% Indonesia: 5.2% Pakistan: 2.9% US: 2.3% Brazil: 2.1% Spain: 2.1% Nigeria: 2.1% Netherlands: 1.8% Saudi: 1.8% Russia: 1.6% Canada: 1.5% France: 1.3% UK: 1.2% S Africa: 1.2% Germany: 0.8% Italy: 0.1% Japan: 1% Turkey: -2.5% Iran: -6% (IMF)
India got to see 3 rounds of fiscal stimulus from #NaMo2, when strong political mandate & ultra-dovish monetary support failed to revive investors sentiment & consumers confidence; it’s urgency (kind of do or die) to lift Q2/FY20 GDP growth above 5% (for stay over 6% for FY20)!
GDP growth vs Stock mkt return- by country- 100 years data.
GDP growth in USD. @nsitharaman India at 8-10%. China at 11-14%.
GDP UK: $2.81 trillion France: $2.79 trillion India: $2.69 trillion Africa: $2.33 trillion Brazil: $1.91 trillion Russia: $1.65 trillion California: $2.9 trillion
Lowest govt debt as share of GDP. Brunei: 2.6% Afghanistan: 6.9% Estonia: 7.6% Botswana: 12.8% Russia: 13.8% Azerbaijan: 17.6% Kuwait: 17.8% UAE: 19.2% Bulgaria: 19.3% Kosovo: 19.7% Kazakhstan: 20.9% Zimbabwe: 21% Luxembourg: 21.6% Paraguay: 22.4% Uzbekistan: 23.2% Saudi: 23.7%
Column | Too many taxes, anti-rich mindset need to go for economy to be back on its feet 'Economy is in bad shape. There's no more debate about it. With a 2nd innings of a superstable govt, we should be looking at a double digit GDP growth by now' Read:
Kharif crops to keep agri-GDP at 3 per cent: The Asian Age
Italy’s new finance chief dismisses the last government’s plan to sell state assets equal to about 1% of GDP in 2019 as “very unrealistic”
Finance Minister Nirmala Sitharaman (@nsitharaman) announces a new set of measures for export & housing sector #GDP #Economy #FinanceMinister